Agilysys Inc (AGYS)

Net profit margin

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Net income	US$ in thousands	86,195	14,582	6,478	-21,001	-34,067
Revenue	US$ in thousands	238,118	198,854	163,406	137,285	160,748
Net profit margin		36.20%	7.33%	3.96%	-15.30%	-21.19%

March 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $86,195K ÷ $238,118K
= 36.20%

The net profit margin of Agilysys Inc has shown a positive trend over the past five years. From a negative net profit margin in 2020 and 2021, the company has managed to significantly improve its profitability, reaching 3.96% in 2022, 7.33% in 2023, and 36.20% in 2024. This indicates that Agilysys Inc has been able to effectively control its costs and increase its profitability over the years, reflecting positively on its financial performance. The notable improvement in the net profit margin suggests that the company's management strategies and operational efficiency have been successful in driving growth and profitability.