Certara Inc (CERT)
Net profit margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -55,357 | -33,727 | 19,174 | 13,879 | 14,731 | -4,142 | -9,840 | -12,108 | -13,266 |
| Revenue (ttm) | US$ in thousands | 330,662 | 333,169 | 332,975 | 327,074 | 320,407 | 309,191 | 300,367 | 285,250 | 269,717 |
| Net profit margin | -16.74% | -10.12% | 5.76% | 4.24% | 4.60% | -1.34% | -3.28% | -4.24% | -4.92% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-55,357K ÷ $330,662K
= -16.74%
The net profit margin of Certara Inc has been fluctuating over the past eight quarters, ranging from negative percentages to low positive percentages. In Q4 2023 and Q3 2023, the company reported negative net profit margins of -15.62% and -9.56% respectively. This indicates that Certara Inc experienced losses in these quarters, where expenses exceeded revenues.
On the other hand, in Q2 2023 and Q1 2023, Certara Inc achieved positive net profit margins of 5.45% and 4.03% respectively. These figures suggest that the company generated net profits during these periods, although the margins were relatively lower compared to the negative quarters.
Looking back at Q4 2022, Q3 2022, Q2 2022, and Q1 2022, Certara Inc also managed to maintain positive net profit margins despite being on the lower side. It is essential for the company to focus on improving its profitability and operational efficiency to ensure consistent positive net profit margins in the future and to enhance shareholder value.
Peer comparison
Dec 31, 2023