Azenta Inc (AZTA)
Net profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -164,170 | -14,257 | 2,132,860 | 110,747 | 64,853 |
| Revenue | US$ in thousands | 650,019 | 667,215 | 2,683,250 | 501,137 | 887,939 |
| Net profit margin | -25.26% | -2.14% | 79.49% | 22.10% | 7.30% |
September 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-164,170K ÷ $650,019K
= -25.26%
The net profit margin of Azenta Inc has exhibited significant fluctuations over the past five years, ranging from -25.26% in 2024 to 79.49% in 2022. The negative net profit margin in 2024 indicates that the company's expenses exceeded its revenue, resulting in a loss. This sharp decline from a previous year's net profit margin of -2.14% suggests potential financial distress or operational challenges faced by the company in 2024.
In contrast, the exceptionally high net profit margin of 79.49% in 2022 reflects a strong ability to convert revenue into profit, indicating efficient cost management and potentially high revenue generation relative to expenses. The positive net profit margins in 2021 and 2020 further support this notion, albeit at lower levels.
Overall, the fluctuating trend in Azenta Inc's net profit margin highlights variability in the company's profitability over the years, with potential areas for improvement in cost control and revenue generation to enhance financial performance in the future.
Peer comparison
Sep 30, 2024