LivaNova PLC (LIVN)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 17,546 | 2,868 | -97,158 | -81,869 | -86,246 | -93,034 | -29,133 | -102,064 | -135,818 | -411,741 | -383,112 | -416,040 | -348,819 | -210,999 | -164,067 | -103,867 | -155,176 | -222,507 | -261,802 | -217,521 |
| Revenue (ttm) | US$ in thousands | 1,093,987 | 1,057,777 | 1,026,749 | 989,010 | 971,142 | 983,022 | 925,125 | 933,289 | 932,621 | 932,112 | 974,900 | 901,723 | 907,604 | 925,639 | 964,065 | 1,062,089 | 1,073,680 | 1,083,073 | 1,091,319 | 1,105,702 |
| Net profit margin | 1.60% | 0.27% | -9.46% | -8.28% | -8.88% | -9.46% | -3.15% | -10.94% | -14.56% | -44.17% | -39.30% | -46.14% | -38.43% | -22.79% | -17.02% | -9.78% | -14.45% | -20.54% | -23.99% | -19.67% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $17,546K ÷ $1,093,987K
= 1.60%
The net profit margin of LivaNova PLC has shown fluctuations over the past eight quarters. In Q4 2023, the net profit margin improved significantly to 1.52%, marking a positive trend from the previous quarter. Prior to this, the company experienced a consistent decrease in net profit margin from Q3 2022 to Q3 2023, reaching a low of -9.49%. The negative margins during this period indicate that the company's expenses were relatively high compared to its revenues. However, the recent positive trend in Q4 2023 suggests that LivaNova may have implemented cost-saving measures or improved revenue generation strategies. Further analysis is recommended to understand the factors behind this improvement in net profit margin and assess its sustainability.
Peer comparison
Dec 31, 2023