Dynavax Technologies Corporation (DVAX)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -6,389 | 293,156 | 76,713 | -75,240 | -152,600 |
| Revenue | US$ in thousands | 235,104 | 722,936 | 435,169 | 42,046 | 20,843 |
| Net profit margin | -2.72% | 40.55% | 17.63% | -178.95% | -732.14% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $-6,389K ÷ $235,104K
= -2.72%
The net profit margin of Dynavax Technologies Corp. has shown significant fluctuations over the past five years. In 2019 and 2020, the company reported negative net profit margins of -442.57% and -161.63% respectively, indicating that the company incurred significant losses during those periods.
However, there was a notable improvement in profitability in 2021, with the net profit margin increasing to 16.42%. This positive trend continued in 2022, where the net profit margin significantly improved to 40.53%, reflecting stronger financial performance and cost management by the company.
Unfortunately, in 2023, the net profit margin decreased to -2.75%. This decline may be a cause for concern as it indicates a decrease in profitability compared to the previous year.
Overall, the fluctuations in Dynavax Technologies Corp.'s net profit margin suggest potential volatility in the company's financial performance and profitability levels, highlighting the importance of closely monitoring and managing expenses to ensure sustainable financial health.
Peer comparison
Dec 31, 2023