Silynxcom (Silynxcom) Net Margin % : -10.87% (As of Dec. 2023)

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What is Silynxcom Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Silynxcom's Net Income for the six months ended in Dec. 2023 was $-0.49 Mil. Silynxcom's Revenue for the six months ended in Dec. 2023 was $4.54 Mil. Therefore, Silynxcom's net margin for the quarter that ended in Dec. 2023 was -10.87%.

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

SYNX' s Net Margin % Range Over the Past 10 Years
Min: -36.93 Med: -1.6 Max: 24.75
Current: -36.93

SYNX's Net Margin % is ranked worse than
89.45% of 2464 companies
in the Hardware industry
Industry Median: 2.75 vs SYNX: -36.93

Silynxcom Net Margin % Historical Data

The historical data trend for Silynxcom'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.

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Silynxcom Net Margin % Chart

Silynxcom Annual Data

Trend

Dec21

Dec22

Dec23

Net Margin %

-1.60

24.75

-36.93

Silynxcom Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %	-	50.96	14.93	-75.13	-10.87

Competitive Comparison of Silynxcom's Net Margin %

For the Communication Equipment subindustry, Silynxcom'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.

Silynxcom's Net Margin % Distribution in the Hardware Industry

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

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

Silynxcom 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.

Silynxcom'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 )
	=	-2.819	/	7.633
	=	-36.93 %

Silynxcom's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-0.493	/	4.537
	=	-10.87 %

Silynxcom (AMEX:SYNX) 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.

Silynxcom Net Margin % Related Terms

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Silynxcom (Silynxcom) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Silynxcom Ltd (AMEX:SYNX) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Yad Ha’Harutzim Street, Netanya, ISR, 4250519

Website

https://www.silynxcom.com

Silynxcom Ltd is engaged in developing, manufacturing, marketing and selling ruggedized Personal Headset Devices as well as other communications accessories, all of which have been battlefield-tested and combat-proven. It specializes in developing the In-Ear Headset device, a subsegment of the Personal Headset Device market. The In-Ear Headset device is used in both in training and operations by the military, law enforcement, and disaster recovery industry professionals. It also develops, market and sell push-to-talk devices, communication controllers, and communication device cables and connectors.

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