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.