Agilysys Inc (AGYS)

Operating profit margin

		Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019
Operating income (ttm)	US$ in thousands	15,751	15,704	11,435	10,800	12,875	10,987	9,117	7,310	6,318	-19,997	-23,420	-18,490	-20,954	-23,122	-24,007	-32,938	-34,059	-10,879	-12,061	-12,984
Revenue (ttm)	US$ in thousands	238,116	228,927	218,281	207,406	198,852	192,499	182,035	172,185	163,404	152,529	149,739	146,206	137,288	140,489	145,785	152,147	160,729	157,688	151,737	145,217
Operating profit margin		6.61%	6.86%	5.24%	5.21%	6.47%	5.71%	5.01%	4.25%	3.87%	-13.11%	-15.64%	-12.65%	-15.26%	-16.46%	-16.47%	-21.65%	-21.19%	-6.90%	-7.95%	-8.94%

March 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $15,751K ÷ $238,116K
= 6.61%

Agilysys Inc's operating profit margin has shown variability over the past few quarters. In the most recent quarter, ending March 31, 2024, the operating profit margin was 6.61%, showing a slight decrease from the previous quarter's 6.86%. The company has managed to maintain a relatively stable operating profit margin within the range of 5% to 7% in the recent quarters, indicating efficient cost management and revenue generation.

However, it is important to note that Agilysys Inc faced challenges in profitability in the earlier quarters, with operating profit margins dipping into negative territory in the fourth quarter of 2021 and the first quarter of 2022. This could be a result of various factors such as increased expenses, lower sales, or non-recurring charges impacting the bottom line.

Overall, the trend in Agilysys Inc's operating profit margin shows improvement in recent quarters, but investors should keep an eye on the company's ability to sustain and further enhance profitability levels in the future.