Gogoro (Gogoro) Net Margin %

: -29.18% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Gogoro's Net Income for the three months ended in Dec. 2023 was $-26.7 Mil. Gogoro's Revenue for the three months ended in Dec. 2023 was $91.5 Mil. Therefore, Gogoro's net margin for the quarter that ended in Dec. 2023 was -29.18%.

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

GGR' s Net Margin % Range Over the Past 10 Years
Min: -25.84 Med: -18.4 Max: -2.98
Current: -21.74

GGR's Net Margin % is ranked worse than
90.83% of 1287 companies
in the Vehicles & Parts industry
Industry Median: 3.38 vs GGR: -21.74

Gogoro Net Margin % Historical Data

The historical data trend for Gogoro'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.

Gogoro Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

-2.98

-13.53

-18.40

-25.84

-21.73

Gogoro Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %											-13.13	-51.21	-6.45	-3.37	-29.18

Competitive Comparison

For the Auto Manufacturers subindustry, Gogoro'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.

Gogoro Net Margin % Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Gogoro's Net Margin % distribution charts can be found below:

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

Gogoro 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.

Gogoro'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 )
	=	-76.038	/	349.846
	=	-21.73 %

Gogoro'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 )
	=	-26.706	/	91.53
	=	-29.18 %

Gogoro (NAS:GGR) 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.

Gogoro Net Margin % Related Terms

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Gogoro (Gogoro) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Gogoro Inc (NAS:GGR) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 225, Section 2, Chang’an E. Road, 11th Floor, Building C, SongShan District, Taipei, TWN, 105

Website

https://www.gogoro.com

Gogoro Inc is focused on eliminating the barriers to electric fuel adoption to bring swappable electric power within reach of every urban rider. Its battery swapping technology compromises an interoperable platform that seamlessly integrates a comprehensive ecosystem of hardware, software, and services, which consists of Gogoro Smart Batteries, GoStations, Gogoro Network Software & Battery Management Systems, Smartscooter, and related components and kits. Geographical presence in Taiwan and Other countries, majority of its revenue comes from Tiwan.