NeoGenomics Inc (NEO)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -78,726 | -77,728 | -78,545 | -84,234 | -87,968 | -96,329 | -114,665 | -125,637 | -144,250 | -163,322 | -146,818 | -35,642 | -8,348 | 48,828 | 71,733 | -10,964 | 4,172 | -4,949 | -5,363 | 3,452 |
| Revenue (ttm) | US$ in thousands | 660,566 | 644,118 | 628,248 | 610,663 | 591,643 | 574,796 | 551,624 | 529,779 | 509,728 | 496,755 | 489,313 | 485,965 | 484,329 | 484,594 | 488,698 | 453,951 | 444,448 | 425,319 | 404,547 | 419,283 |
| Net profit margin | -11.92% | -12.07% | -12.50% | -13.79% | -14.87% | -16.76% | -20.79% | -23.71% | -28.30% | -32.88% | -30.00% | -7.33% | -1.72% | 10.08% | 14.68% | -2.42% | 0.94% | -1.16% | -1.33% | 0.82% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-78,726K ÷ $660,566K
= -11.92%
Net profit margin, a key financial ratio, reflects the percentage of revenue that translates into net income after accounting for all expenses. NeoGenomics Inc's net profit margin has exhibited significant fluctuations over the periods provided in the data.
The trend shows a decline from positive figures in March 2020 and December 2020 to negative values in subsequent periods. In June 2021 and September 2021, the net profit margin significantly improved, indicating a strong profitability. However, this improvement was followed by a sharp decline in subsequent periods, reaching double-digit negative percentages in September 2022 to June 2024.
The negative net profit margins in recent periods may raise concerns about the company's ability to control costs and generate sustainable profits. Further analysis of the company's financial performance and cost structure is recommended to understand the underlying reasons for the deteriorating net profit margins.