ELF Beauty Inc (ELF)

Net profit margin

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Net income	US$ in thousands	127,663	61,530	21,770	6,232	17,884
Revenue	US$ in thousands	1,016,910	576,650	389,406	314,020	276,544
Net profit margin		12.55%	10.67%	5.59%	1.98%	6.47%

March 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $127,663K ÷ $1,016,910K
= 12.55%

The net profit margin of ELF Beauty Inc has shown a positive trend over the past five years, reflecting the company's ability to effectively manage its expenses and generate profits from its operations. From March 31, 2020 to March 31, 2024, the net profit margin has increased from 6.47% to 12.55%, indicating a steady improvement in the company's profitability.

This improvement suggests that ELF Beauty Inc has been able to control its costs and increase its revenues more efficiently over the years. The significant rise in net profit margin from 2020 to 2024 demonstrates the company's capacity to enhance its operational efficiency and profitability, ultimately leading to a stronger bottom line.

Overall, the increasing trend in ELF Beauty Inc's net profit margin signals positive financial performance and effective management of resources, positioning the company well for sustained growth and potential financial success in the future.