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Automotive Finco (Automotive Finco) Net Margin % : 66.28% (As of Mar. 2024)


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What is Automotive Finco Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Automotive Finco's Net Income for the three months ended in Mar. 2024 was $0.34 Mil. Automotive Finco's Revenue for the three months ended in Mar. 2024 was $0.52 Mil. Therefore, Automotive Finco's net margin for the quarter that ended in Mar. 2024 was 66.28%.

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

RMIAF' s Net Margin % Range Over the Past 10 Years
Min: -198.03   Med: 21.1   Max: 69.07
Current: 69.07


RMIAF's Net Margin % is ranked better than
91.95% of 522 companies
in the Credit Services industry
Industry Median: 14.435 vs RMIAF: 69.07

Automotive Finco Net Margin % Historical Data

The historical data trend for Automotive Finco'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.

Automotive Finco Net Margin % Chart

Automotive Finco Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.32 - - -197.77 68.09

Automotive Finco Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 61.93 60.72 72.05 76.92 66.28

Competitive Comparison of Automotive Finco's Net Margin %

For the Credit Services subindustry, Automotive Finco'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.


Automotive Finco's Net Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Automotive Finco's Net Margin % distribution charts can be found below:

* The bar in red indicates where Automotive Finco's Net Margin % falls into.



Automotive Finco 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.

Automotive Finco'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 )
=1.357/1.993
=68.09 %

Automotive Finco's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=0.344/0.519
=66.28 %

* 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.


Automotive Finco  (OTCPK:RMIAF) 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.


Automotive Finco Net Margin % Related Terms

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Automotive Finco (Automotive Finco) Business Description

Traded in Other Exchanges
Address
Yonge King, PO Box 17026, Toronto, ON, CAN, M5E 1Y2
Automotive Finco Corp p is a finance company focused exclusively on the auto retail sector. The company also pursues other direct investments and financing opportunities across the auto retail sector. Through its investment in Automotive Finance LP, it is engaged in the business of lending and administering investment funds. The Company has only one operating segment: Investment issuer focused on providing debt financing and making other investments in the auto retail sector.

Automotive Finco (Automotive Finco) Headlines