POSaBIT Systems (POSaBIT Systems) Net Margin %

: -55.13% (As of Sep. 2023)

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Net margin is calculated as Net Income divided by its Revenue. POSaBIT Systems's Net Income for the three months ended in Sep. 2023 was $-7.49 Mil. POSaBIT Systems's Revenue for the three months ended in Sep. 2023 was $13.59 Mil. Therefore, POSaBIT Systems's net margin for the quarter that ended in Sep. 2023 was -55.13%.

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

POSAF' s Net Margin % Range Over the Past 10 Years
Min: -160.2 Med: -32.8 Max: 16.2
Current: -4.64

POSAF's Net Margin % is ranked worse than
62.09% of 2759 companies
in the Software industry
Industry Median: 1.69 vs POSAF: -4.64

POSaBIT Systems Net Margin % Historical Data

The historical data trend for POSaBIT Systems'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.

POSaBIT Systems Annual Data

Trend

Oct17

Oct18

Dec19

Dec20

Dec21

Dec22

Net Margin %

-160.20

-15.99

-49.60

16.20

POSaBIT Systems Quarterly Data
	Oct18	Jan19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Net Margin %																-11.85	37.67	-26.43	-13.57	-55.13

Competitive Comparison

For the Information Technology Services subindustry, POSaBIT Systems'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.

POSaBIT Systems Net Margin % Distribution

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

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

POSaBIT Systems 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.

POSaBIT Systems's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin	=	Net Income (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	8.064	/	49.772
	=	16.20 %

POSaBIT Systems's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin	=	Net Income (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	-7.49	/	13.586
	=	-55.13 %

POSaBIT Systems (OTCPK:POSAF) 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.

POSaBIT Systems Net Margin % Related Terms

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POSaBIT Systems (POSaBIT Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » POSaBIT Systems Corp (OTCPK:POSAF) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

PBIT:Canada

Address

11915 124th Ave NE, Kirkland, WA, USA, 98034

Website

https://www.posabit.com

POSaBIT Systems Corp is a financial technology company. The company involves the point-of-sale arrangements designed to offer consumers an easy way to purchase goods and services. The company offers Payment Services and Point-of-Sale (POS) Services. The majority of its revenue comes from Payment Services, which generates revenues via setup costs, hardware costs, transaction fees, and convenience fees. Its geographical segments are Canada and the United States, of which all of its revenues come from the United States.