CEVA Inc (CEVA)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -11,878 | -23,183 | 396 | -2,379 | 28 |
| Revenue | US$ in thousands | 97,419 | 134,648 | 122,706 | 100,326 | 87,152 |
| Net profit margin | -12.19% | -17.22% | 0.32% | -2.37% | 0.03% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $-11,878K ÷ $97,419K
= -12.19%
CEVA Inc's net profit margin has fluctuated over the past five years. The company experienced negative net profit margins in 2022 and 2023, indicating that its expenses exceeded its revenues during those periods. This may suggest challenges in managing costs or generating sufficient revenue to cover expenses.
In contrast, in 2021 and 2019, CEVA Inc achieved positive net profit margins of 0.32% and 0.03% respectively. These positive margins indicate that the company was able to generate a profit after accounting for all expenses, albeit at a very low level.
Overall, CEVA Inc's net profit margin trend shows variability, with periodic improvements in profitability alternating with periods of losses. The company may need to focus on controlling costs, improving operational efficiency, and potentially increasing revenues to enhance its bottom line performance in the future.
Peer comparison
Dec 31, 2023