Azenta Inc (AZTA)
Net profit margin
| Sep 30, 2024 | Jun 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -164,170 | -155,811 | -150,699 | -18,746 | -14,257 | -38,397 | -46,497 | 2,078,300 | 2,132,855 | 2,175,425 | 2,224,161 | 128,039 | 110,747 | 117,915 | 92,445 | 77,824 | 64,853 | 448,206 | 441,764 | 436,058 |
| Revenue (ttm) | US$ in thousands | 651,150 | 662,379 | 657,005 | 645,780 | 669,996 | 633,011 | 598,573 | 594,894 | 554,493 | 549,230 | 729,759 | 867,038 | 977,448 | 948,755 | 854,265 | 795,637 | 753,076 | 1,246,466 | 1,227,754 | 1,182,711 |
| Net profit margin | -25.21% | -23.52% | -22.94% | -2.90% | -2.13% | -6.07% | -7.77% | 349.36% | 384.65% | 396.09% | 304.78% | 14.77% | 11.33% | 12.43% | 10.82% | 9.78% | 8.61% | 35.96% | 35.98% | 36.87% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-164,170K ÷ $651,150K
= -25.21%
The net profit margin of Azenta Inc has shown significant fluctuations over the past few quarters. In the most recent quarter, ending Sep 30, 2024, the company reported a net profit margin of -25.21%, indicating a negative profitability. This is a concerning trend as it suggests that the company's expenses are exceeding its revenue.
Looking back at the previous quarters, the net profit margin has consistently been negative since Dec 31, 2023, where it improved slightly from previous periods but remained in the negative range. This signals ongoing challenges for the company in generating profits from its operations.
It's worth noting that in the earlier quarters, specifically from Dec 31, 2022, to Mar 31, 2023, Azenta Inc reported significantly high and unusual net profit margins of 349.36% and 384.65%, respectively. These values are abnormally high and may indicate one-time gains or accounting anomalies rather than sustainable profitability.
Overall, the fluctuating and negative net profit margins of Azenta Inc raise concerns about its operational efficiency and financial performance. Further analysis of the company's cost structure, revenue sources, and overall business strategy is needed to understand the underlying factors contributing to these fluctuations.
Peer comparison
Sep 30, 2024