Catalyst Pharmaceuticals Inc (CPRX)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	71,410	83,079	39,482	74,983	31,875
Revenue	US$ in thousands	398,204	214,203	140,833	119,073	102,306
Net profit margin		17.93%	38.79%	28.03%	62.97%	31.16%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $71,410K ÷ $398,204K
= 17.93%

Catalyst Pharmaceuticals Inc's net profit margin has displayed fluctuations over the past five years. The net profit margins were 17.93% in 2023, 38.79% in 2022, 28.03% in 2021, 62.97% in 2020, and 31.16% in 2019. The significant decrease in net profit margin from 2020 to 2021 stands out as a notable change in profitability efficiency. Further analysis into the company's cost structure, revenue streams, and operational performance may be warranted to understand the underlying reasons for these fluctuations in net profit margin.