Powerfleet(Aiot) Financials: Net Profit Margin Compared To Industry Average, Plus Other Key Ratios
Company Report for AIOT
Report - net profit margin
This chart shows the historical trend of net profit margin for AIOT compared to its industry average over the recent years.
Ratio Definition and Interpretation
Name: Net Profit Margin
Definition: Net profit margin shows how much profit remains after paying all costs — including operating expenses, interest, and taxes — for every dollar of sales. A higher margin means the business is efficient and keeps more of its sales as bottom-line profit. Falling margins may signal rising costs or pricing pressure.
Interpretation:
• In '2020', AIOT's net profit margin was -7.9%, measuring the overall profitability of the company. Industry average for Telecommunications Equipment in '2020' stood at -6.8%.
• In '2021', AIOT's net profit margin was -10.1%, measuring the overall profitability of the company. The decline from '2020' may indicate some operational or financial challenges. Industry average for Telecommunications Equipment in '2021' stood at -17.5%. Industry average declined by 10.7% from previous year.
• In '2022', AIOT's net profit margin was -5.0%, measuring the overall profitability of the company. The increase since '2021' reflects strengthening financial performance. Industry average for Telecommunications Equipment in '2022' stood at -45.8%. Industry average declined by 28.4% from previous year.
• In '2023', AIOT's net profit margin was -4.2%, measuring the overall profitability of the company. The increase since '2022' reflects strengthening financial performance. Industry average for Telecommunications Equipment in '2023' stood at -27.5%. Industry average increased by 18.3% compared to previous year.
Overall, AIOT's net profit margin has been volatile but showed an upward trend over the past 4 years.
Formula: Net Profit Margin = Net Income / Revenue
Good Range: Ranges 5%-20% for many industries.