IAC Inc. (IAC)
Net profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | -539,897 | 265,942 | -1,195,150 | 597,547 | 269,726 |
Revenue | US$ in thousands | 3,807,230 | 4,365,240 | 5,235,280 | 3,699,630 | 2,764,540 |
Net profit margin | -14.18% | 6.09% | -22.83% | 16.15% | 9.76% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-539,897K ÷ $3,807,230K
= -14.18%
To analyze IAC Inc.'s net profit margin over the years, we observe significant variations:
1. As of December 31, 2020, the net profit margin stood at 9.76%, reflecting a decent profitability level.
2. By December 31, 2021, the net profit margin had notably improved to 16.15%, indicating enhanced efficiency in generating profits relative to revenue.
3. However, by December 31, 2022, the net profit margin plummeted to -22.83%, signaling that the company incurred a net loss for that year, possibly due to increased expenses or a decline in revenue.
4. As of December 31, 2023, the net profit margin recovered to 6.09%, suggesting a partial turnaround in profitability compared to the previous year.
5. Unfortunately, by December 31, 2024, the net profit margin decreased significantly to -14.18%, indicating another year of substantial losses for the company.
Overall, these fluctuations in the net profit margin highlight the company's performance and efficiency in managing costs and generating profits over the analyzed period, showcasing both positive and challenging trends in its financial stability.
Peer comparison
Dec 31, 2024