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OPTX (Syntec Optics Holdings) Net Margin % : -6.99% (As of Jun. 2024)


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What is Syntec Optics Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Syntec Optics Holdings's Net Income for the six months ended in Jun. 2024 was $-0.93 Mil. Syntec Optics Holdings's Revenue for the six months ended in Jun. 2024 was $13.26 Mil. Therefore, Syntec Optics Holdings's net margin for the quarter that ended in Jun. 2024 was -6.99%.

The historical rank and industry rank for Syntec Optics Holdings's Net Margin % or its related term are showing as below:

OPTX' s Net Margin % Range Over the Past 10 Years
Min: -1.56   Med: 6.71   Max: 12.22
Current: 1.53


OPTX's Net Margin % is ranked worse than
55.99% of 2445 companies
in the Hardware industry
Industry Median: 2.62 vs OPTX: 1.53

Syntec Optics Holdings Net Margin % Historical Data

The historical data trend for Syntec Optics Holdings's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Syntec Optics Holdings Net Margin % Chart

Syntec Optics Holdings Annual Data
Trend Dec21 Dec22 Dec23
Net Margin %
12.22 -1.56 6.71

Syntec Optics Holdings Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Net Margin % Get a 7-Day Free Trial -0.97 -2.15 4.26 9.12 -6.99

Competitive Comparison of Syntec Optics Holdings's Net Margin %

For the Electronic Components subindustry, Syntec Optics Holdings's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Syntec Optics Holdings's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Syntec Optics Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Syntec Optics Holdings's Net Margin % falls into.



Syntec Optics Holdings Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Syntec Optics Holdings's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=1.976/29.441
=6.71 %

Syntec Optics Holdings's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin=Net Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=-0.927/13.262
=-6.99 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Syntec Optics Holdings  (NAS:OPTX) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Syntec Optics Holdings Net Margin % Related Terms

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Syntec Optics Holdings Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
515 Lee Road, Rochester, NY, USA, 14606
Syntec Optics Holdings Inc is vertically integrated from design and component manufacturing for lens system assembly to imaging module integration for system solutions. Making its tools, molding, and nano machining allows close interaction and recut ability, enabling special techniques to hold tolerances to sub-micron levels. It has steadily developed a variety of other complementary manufacturing techniques to provide a wide suite of horizontal capabilities including thin film deposition coatings, glass molding, polymer molding, tool-making, mechanical manufacturing, and nano machining.
Executives
Brent David Rosenthal director C/O WR HUFF ASSET MANAGEMENT, 67 PARK PLACE, MORRISTOWN NJ 07960
Albert Manzone director C/O MERISANT, AVENUE JEAN-JACQUES ROUSSEAU 7, NEUCHATEL V8 CH-2000
Walter A. Bishop director 813 REGENT DRIVE, WESTBURY NY 11590
Goldman Sachs & Co. Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Jeffrey A Altman 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Owl Creek Asset Management, L.p. 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
James M. Jenkins director 1600 BAUSCH & LOMB PLACE, ROCHESTER NY 14604
Kent R Weldon director C/O THOMAS H. LEE PARTNERS, L.P., 100 FEDERAL STREET, 35TH FLOOR, BOSTON MA 02110
Brian F. Hughes director 124 COLONIAL RIDGE DRIVE, HADDONFIELD NJ 08033
Mark D Norman director C/O ZIPCAR, INC., 25 FIRST STREET, 4TH FLOOR, CAMBRIDGE MA 02141
Skylar Jacobs officer: Chief Operating Officer 1 IRVING TERRACE, CAMBRIDGE MA 02138
Nelson Robert O Ii officer: CFO and Secretary 29 HIDDEN ROAD, WESTON MA 02493
Alok Kapoor director, 10 percent owner, officer: Chairman and CEO 157 BEAVER, WESTON MA 02493

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