Volitionrx(Vnrx) Financials: Net Profit Margin Compared To Industry Average, Plus Other Key Ratios
Company Report for VNRX
Report - net profit margin
This chart shows the historical trend of net profit margin for VNRX 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 '2021', VNRX's net profit margin was -29782.5%, measuring the overall profitability of the company. Industry average for Biotechnology: In Vitro & In Vivo Diagnostic Substances in '2021' stood at -112.6%.
• In '2022', VNRX's net profit margin was -9879.1%, measuring the overall profitability of the company. The increase since '2021' reflects strengthening financial performance. Industry average for Biotechnology: In Vitro & In Vivo Diagnostic Substances in '2022' stood at -95.7%. Industry average increased by 17.0% compared to previous year.
• In '2023', VNRX's net profit margin was -4555.5%, measuring the overall profitability of the company. The increase since '2022' reflects strengthening financial performance. Industry average for Biotechnology: In Vitro & In Vivo Diagnostic Substances in '2023' stood at -26.6%. Industry average increased by 69.1% compared to previous year.
• In '2024', VNRX's net profit margin was -2186.3%, measuring the overall profitability of the company. The increase since '2023' reflects strengthening financial performance. Industry average for Biotechnology: In Vitro & In Vivo Diagnostic Substances in '2024' stood at -105.1%. Industry average declined by 78.5% from previous year.
Overall, VNRX'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.