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SolidX AB (XSAT:SOLIDX) Net Margin % : -0.56% (As of Jan. 2024)


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What is SolidX AB Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. SolidX AB's Net Income for the three months ended in Jan. 2024 was kr-0.2 Mil. SolidX AB's Revenue for the three months ended in Jan. 2024 was kr34.1 Mil. Therefore, SolidX AB's net margin for the quarter that ended in Jan. 2024 was -0.56%.

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

XSAT:SOLIDX' s Net Margin % Range Over the Past 10 Years
Min: 1.51   Med: 7.73   Max: 10.18
Current: 1.51


XSAT:SOLIDX's Net Margin % is ranked worse than
51.18% of 2755 companies
in the Software industry
Industry Median: 1.9 vs XSAT:SOLIDX: 1.51

SolidX AB Net Margin % Historical Data

The historical data trend for SolidX AB'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.

SolidX AB Net Margin % Chart

SolidX AB Annual Data
Trend Apr20 Apr21 Apr22
Net Margin %
5.04 10.18 7.73

SolidX AB Quarterly Data
Apr20 Jul20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 7.07 3.14 -5.60 8.76 -0.56

Competitive Comparison of SolidX AB's Net Margin %

For the Information Technology Services subindustry, SolidX AB'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.


SolidX AB's Net Margin % Distribution in the Software Industry

For the Software industry and Technology sector, SolidX AB's Net Margin % distribution charts can be found below:

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



SolidX AB 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.

SolidX AB's Net Margin for the fiscal year that ended in Apr. 2022 is calculated as

Net Margin=Net Income (A: Apr. 2022 )/Revenue (A: Apr. 2022 )
=4.935/63.815
=7.73 %

SolidX AB's Net Margin for the quarter that ended in Jan. 2024 is calculated as

Net Margin=Net Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=-0.191/34.103
=-0.56 %

* 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.


SolidX AB  (XSAT:SOLIDX) 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.


SolidX AB Net Margin % Related Terms

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SolidX AB (XSAT:SOLIDX) Business Description

Traded in Other Exchanges
N/A
Address
Sturegatan 12 A, Eslov, SWE, 241 31
SolidX AB is an IT consulting company in Sweden.

SolidX AB (XSAT:SOLIDX) Headlines

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