Micro-X (ASX:MX1) Net Margin % : -93.50% (As of Dec. 2023)

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What is Micro-X Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Micro-X's Net Income for the six months ended in Dec. 2023 was A$-7.66 Mil. Micro-X's Revenue for the six months ended in Dec. 2023 was A$8.20 Mil. Therefore, Micro-X's net margin for the quarter that ended in Dec. 2023 was -93.50%.

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

ASX:MX1' s Net Margin % Range Over the Past 10 Years
Min: -1960.55 Med: -449.96 Max: -71.67
Current: -95.61

ASX:MX1's Net Margin % is ranked worse than
76.47% of 816 companies
in the Medical Devices & Instruments industry
Industry Median: 0.045 vs ASX:MX1: -95.61

Micro-X Net Margin % Historical Data

The historical data trend for Micro-X'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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Micro-X Net Margin % Chart

Micro-X Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Net Margin %

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-509.27

-236.81

-390.64

-190.51

-71.67

Micro-X Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %	Get a 7-Day Free Trial												-618.70	-108.02	-48.71	-98.09	-93.50

Competitive Comparison of Micro-X's Net Margin %

For the Medical Devices subindustry, Micro-X'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.

Micro-X's Net Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Micro-X's Net Margin % distribution charts can be found below:

* The bar in red indicates where Micro-X's Net Margin % falls into.

Micro-X 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.

Micro-X's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin	=	Net Income (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	-10.754	/	15.005
	=	-71.67 %

Micro-X'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 )
	=	-7.663	/	8.196
	=	-93.50 %

Micro-X (ASX:MX1) 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.

Micro-X Net Margin % Related Terms

Thank you for viewing the detailed overview of Micro-X's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Micro-X (ASX:MX1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Micro-X Ltd (ASX:MX1) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

MCRXF:USA

Address

1284 South Road, A14, 6 MAB Eastern Promenade, Tonsley, Clovelly Park, Adelaide, SA, AUS, 5042

Website

https://www.micro-x.com

Micro-X Ltd operates in the medical industry. The company operates in designs, develops, and manufactures ultra-lightweight carbon nanotube-based X-ray products for the healthcare and counter IED imaging security markets. Its product includes Nano; Rover and Mobile Backscatter Imager (MBI), Mobile Baggage Scanner (MBS), and others. Geographically, it derives a majority of revenue from Asia-Pacific and also has a presence in the United States and Europe.

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