Roivant Sciences Ltd (ROIV)

Net profit margin

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net income	US$ in thousands	4,348,930	-1,009,030	-845,262
Revenue	US$ in thousands	90,017	33,312	48,245
Net profit margin		4,831.23%	-3,029.03%	-1,752.02%

March 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $4,348,930K ÷ $90,017K
= 4,831.23%

The net profit margin of Roivant Sciences Ltd has significantly improved over the past three years. In March 2024, the net profit margin was reported at a strong 4,831.23%, reflecting a substantial increase from the negative margins reported in the previous years. In March 2023, the company had a net profit margin of -3,029.03%, indicating a significant loss relative to its revenue. Similarly, in March 2022, the net profit margin was -1,752.02%, also reflecting a negative profitability trend. The substantial improvement in the net profit margin in 2024 indicates that Roivant Sciences Ltd has undergone a remarkable turnaround in its profitability performance. This positive trend in the net profit margin suggests that the company has been able to effectively control costs and enhance revenue generation, driving profitability and potentially increasing shareholder value.