BioLife Solutions Inc (BLFS)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -7,129 | -23,440 | -145,541 | -35,160 | -6,241 |
| Revenue | US$ in thousands | 97,977 | 142,625 | 160,996 | 118,837 | 48,087 |
| Operating profit margin | -7.28% | -16.43% | -90.40% | -29.59% | -12.98% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $-7,129K ÷ $97,977K
= -7.28%
Based on the data provided, BioLife Solutions Inc's operating profit margin has experienced significant fluctuations over the past five years.
- In December 2020, the operating profit margin was -12.98%, indicating that the company had a negative margin, implying that its operating expenses exceeded its operating income during that period.
- By December 2021, the operating profit margin deteriorated even further to -29.59%, showing a worsening trend in the company's ability to generate profits from its core operations.
- The following year, in December 2022, the operating profit margin plummeted to -90.40%, reaching a notably distressing level. This sharp decline could be a result of significant challenges or inefficiencies in the company's cost management or revenue generation.
- However, by December 2023, there was a slight improvement in the operating profit margin, which stood at -16.43%. This improvement, though modest, could indicate some efforts to address the issues affecting profitability.
- Finally, as of December 2024, the operating profit margin further improved to -7.28%. While remaining negative, this suggests a continued but slow progress in the company's operational efficiency and cost control measures.
In conclusion, BioLife Solutions Inc has faced challenges in achieving a positive operating profit margin over the years, with fluctuations indicating varying degrees of operational inefficiencies or difficulties in generating profits from its core activities. The company may need to implement strategic measures to enhance its profitability and financial performance in the future.
Peer comparison
Dec 31, 2024