Lite Access Technologies (TSXV:LTE) Net Margin %

: -29.31% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Lite Access Technologies's Net Income for the three months ended in Dec. 2023 was C$-0.27 Mil. Lite Access Technologies's Revenue for the three months ended in Dec. 2023 was C$0.91 Mil. Therefore, Lite Access Technologies's net margin for the quarter that ended in Dec. 2023 was -29.31%.

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

TSXV:LTE' s Net Margin % Range Over the Past 10 Years
Min: -729.7 Med: -46.34 Max: 40.09
Current: -35.31

TSXV:LTE's Net Margin % is not ranked
in the Hardware industry.
Industry Median: 2.81 vs TSXV:LTE: -35.31

Lite Access Technologies Net Margin % Historical Data

The historical data trend for Lite Access Technologies'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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Lite Access Technologies Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Net Margin %

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-43.15

-729.70

40.09

-49.52

-29.51

Lite Access Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial															-16.58	-17.33	-69.72	-44.69	-29.31

Competitive Comparison

For the Communication Equipment subindustry, Lite Access Technologies'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.

Lite Access Technologies Net Margin % Distribution

For the Hardware industry and Technology sector, Lite Access Technologies's Net Margin % distribution charts can be found below:

* The bar in red indicates where Lite Access Technologies's Net Margin % falls into.

Lite Access Technologies 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.

Lite Access Technologies's Net Margin for the fiscal year that ended in Sep. 2023 is calculated as

Net Margin	=	Net Income (A: Sep. 2023 )	/	Revenue (A: Sep. 2023 )
	=	-1.476	/	5.002
	=	-29.51 %

Lite Access Technologies'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 )
	=	-0.267	/	0.911
	=	-29.31 %

Lite Access Technologies (TSXV:LTE) 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.

Lite Access Technologies Net Margin % Related Terms

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Lite Access Technologies (TSXV:LTE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Lite Access Technologies Inc (TSXV:LTE) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

110 – 6039 196 Street, Surrey, BC, CAN, V3S 7X4

Website

https://www.liteaccess.com

Lite Access Technologies Inc is a manufacturer, distributor, and installer of fibre optic technology, specializing in micro ducts and air-blown fibre. The company also provides construction options for the deployment of the fibre optic. The business of the company operates in three reporting segments: Product sales, Fibre optic installations and concrete cutting. Fibre optic installations account for the majority of revenue. Its geographical segments are Canada, the United States, the United Kingdom, and others, of which the majority of its revenue comes from Canada.

Lite Access Technologies (TSXV:LTE) Headlines

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