QuinStreet Inc (QNST)

Operating profit margin

		Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Operating income	US$ in thousands	-28,065	-20,816	-4,718	13,926	6,205
Revenue	US$ in thousands	613,514	580,624	582,099	578,487	490,339
Operating profit margin		-4.57%	-3.59%	-0.81%	2.41%	1.27%

June 30, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $-28,065K ÷ $613,514K
= -4.57%

QuinStreet Inc's operating profit margin has fluctuated over the past five years. The company experienced a negative operating profit margin in the most recent fiscal year ended June 30, 2024, at -4.57%, reflecting a decline compared to the previous year. This indicates that for every dollar of revenue generated, the company incurred a loss before considering interest and taxes.

The trend of declining operating profit margins over the past two years is concerning as it suggests inefficiencies or challenges in the company's operations. In comparison, QuinStreet had a positive operating profit margin in the fiscal years ended June 30, 2021 and 2020, at 2.41% and 1.27% respectively, indicating profitability during those years.

Overall, the negative operating profit margins in the last two years may raise questions about the company's ability to effectively manage its costs and generate profits from its core business operations. Further analysis of QuinStreet's business strategy, cost structure, and revenue sources may be necessary to understand the reasons behind the declining operating profit margins and to identify potential areas for improvement.