PDF Solutions Inc (PDFS)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 3,105 | -3,429 | -21,488 | -40,363 | -5,418 |
| Revenue | US$ in thousands | 165,835 | 149,379 | 111,060 | 88,046 | 85,585 |
| Net profit margin | 1.87% | -2.30% | -19.35% | -45.84% | -6.33% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $3,105K ÷ $165,835K
= 1.87%
The net profit margin of PDF Solutions Inc. has shown varying trends over the past five years. In 2019, the company had a net profit margin of -6.33%, which improved to -45.84% in 2020, indicating a significant decline in profitability. However, there was a notable recovery in 2021 with a net profit margin of -19.35%.
The trend further improved in 2022 when the net profit margin turned positive at 2.31%, signaling a return to profitability. This positive trend continued into 2023, with the net profit margin further increasing to 1.87%.
Overall, the company has managed to significantly enhance its net profit margin over the years, transitioning from negative figures to positive territory. This improvement reflects the company's efforts to enhance operational efficiency and profitability, which could be attributed to various strategic initiatives and cost management measures undertaken by the management.
Peer comparison
Dec 31, 2023