Extreme Networks Inc (EXTR)
Net profit margin
Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | -85,964 | 78,074 | 44,271 | 1,936 | -126,845 |
Revenue | US$ in thousands | 1,117,690 | 1,295,900 | 1,103,890 | 986,853 | 925,480 |
Net profit margin | -7.69% | 6.02% | 4.01% | 0.20% | -13.71% |
June 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-85,964K ÷ $1,117,690K
= -7.69%
Extreme Networks Inc's net profit margin has fluctuated over the past five years, with a noticeable trend of variability.
In June 2024, the net profit margin stands at -7.69%, indicating that for every dollar of revenue generated, the company incurred a net loss of $0.077. This is a significant decrease compared to the previous year, where the net profit margin was 6.02%.
Looking back at June 2023, the net profit margin was positive at 6.02%, reflecting an improvement in profitability compared to the previous years. In June 2022 and June 2021, the net profit margins were 4.01% and 0.20%, respectively. These figures suggest a steady but moderate level of profitability during these periods.
However, in June 2020, Extreme Networks Inc experienced a substantial decline in profitability with a net profit margin of -13.71%, indicating a significant loss compared to revenue that year.
Overall, Extreme Networks Inc's net profit margin has been inconsistent over the past five years, showing signs of both profitability and losses. This variability suggests that the company may be facing challenges in effectively managing costs and generating profits.
Peer comparison
Jun 30, 2024