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Income Financial Trust (TSX:INC.UN) Net Margin % : 94.81% (As of Dec. 2023)


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What is Income Financial Trust Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Income Financial Trust's Net Income for the six months ended in Dec. 2023 was C$2.25 Mil. Income Financial Trust's Revenue for the six months ended in Dec. 2023 was C$2.37 Mil. Therefore, Income Financial Trust's net margin for the quarter that ended in Dec. 2023 was 94.81%.

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

TSX:INC.UN' s Net Margin % Range Over the Past 10 Years
Min: 79.91   Med: 93.67   Max: 122.94
Current: 79.91


TSX:INC.UN's Net Margin % is ranked worse than
53.32% of 1671 companies
in the Asset Management industry
Industry Median: 86.04 vs TSX:INC.UN: 79.91

Income Financial Trust Net Margin % Historical Data

The historical data trend for Income Financial Trust'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.

Income Financial Trust Net Margin % Chart

Income Financial Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 93.52 121.96 93.81 122.94 79.97

Income Financial Trust Semi-Annual Data
Jun14 Dec14 Jun15 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 90.07 104.98 95.46 116.26 94.81

Competitive Comparison of Income Financial Trust's Net Margin %

For the Asset Management subindustry, Income Financial Trust'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.


Income Financial Trust's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Income Financial Trust's Net Margin % distribution charts can be found below:

* The bar in red indicates where Income Financial Trust's Net Margin % falls into.



Income Financial Trust 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.

Income Financial Trust'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 )
=1.118/1.398
=79.97 %

Income Financial Trust'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 )
=2.248/2.371
=94.81 %

* 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.


Income Financial Trust  (TSX:INC.UN) 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.


Income Financial Trust Net Margin % Related Terms

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Income Financial Trust (TSX:INC.UN) Business Description

Traded in Other Exchanges
N/A
Address
200 Front Street West, Suite 2510, Toronto, ON, CAN, M5V 3K2
Income Financial Trust is a mutual fund trust. It is managed by Quadravest Capital Management Inc. The trust's investment objective is to provide unitholders with a stable stream of monthly distributions by investing in a diversified portfolio consisting of common shares issued by corporations whose shares are included in the S&P/TSX Capped Financials Index, the S&P 500 Financials Index, or the S&P MidCap 400 Financials Index.

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