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 '2022', OCGN's net profit margin was -3488.9%, measuring the overall profitability of the company. Industry average for Biotechnology: Biological Products (No Diagnostic Substances) in '2022' stood at -250.0%.
• In '2023', OCGN's net profit margin was -1045.0%, measuring the overall profitability of the company. The increase since '2022' reflects strengthening financial performance. Industry average for Biotechnology: Biological Products (No Diagnostic Substances) in '2023' stood at -210.5%. Industry average increased by 39.5% compared to previous year.
• In '2024', OCGN's net profit margin was -1333.0%, measuring the overall profitability of the company. The decline from '2023' may indicate some operational or financial challenges. Industry average for Biotechnology: Biological Products (No Diagnostic Substances) in '2024' stood at -164.8%. Industry average increased by 45.7% compared to previous year.
Overall, OCGN's net profit margin has been volatile but showed an upward trend over the past 3 years.

Formula: Net Profit Margin = Net Income / Revenue

Good Range: Ranges 5%-20% for many industries.