Aspen Technology Inc (AZPN)
Net profit margin
| Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -9,771 | -27,153 | -86,344 | -131,041 | -107,760 | -81,930 | -27,575 |
| Revenue (ttm) | US$ in thousands | 1,127,482 | 1,105,220 | 1,056,992 | 1,042,667 | 1,044,178 | 1,537,315 | 1,307,437 |
| Net profit margin | -0.87% | -2.46% | -8.17% | -12.57% | -10.32% | -5.33% | -2.11% |
June 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-9,771K ÷ $1,127,482K
= -0.87%
Aspen Technology Inc's net profit margin has been fluctuating over the past few quarters. The trend shows periods of negative net profit margins, indicating that the company's expenses have been exceeding its revenues during those times.
The most recent net profit margin of -0.87% for June 30, 2024, shows a slight improvement compared to the previous quarter's figure of -2.46% for March 31, 2024. However, Aspen Technology Inc still has room for improvement to achieve positive profitability.
The wider negative margins in the second half of 2023, such as -12.57% for September 30, 2023, and -10.32% for June 30, 2023, indicate that the company faced challenges in controlling costs or generating sufficient revenue during that period.
Overall, Aspen Technology Inc needs to focus on enhancing its operational efficiency, cost management, and revenue generation to achieve sustainable profitability and improve its net profit margin in the future.
Peer comparison
Jun 30, 2024