Roivant Sciences Ltd (ROIV)
Operating profit margin
Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | ||
---|---|---|---|---|
Operating income | US$ in thousands | 4,242,020 | -1,175,320 | -1,351,640 |
Revenue | US$ in thousands | 90,017 | 33,312 | 48,245 |
Operating profit margin | 4,712.47% | -3,528.22% | -2,801.62% |
March 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $4,242,020K ÷ $90,017K
= 4,712.47%
Roivant Sciences Ltd's operating profit margin has shown significant fluctuations in recent years. In the fiscal year ending March 31, 2024, the operating profit margin improved substantially to 4,712.47%, indicating a strong profitability performance compared to the previous year. This sharp increase suggests that the company was able to effectively control its operating costs and generate higher revenues during this period.
Conversely, in the fiscal year ending March 31, 2023, Roivant Sciences Ltd recorded a negative operating profit margin of -3,528.22%. This negative margin indicates that the company's operating expenses exceeded its operating income during the period, leading to an overall loss from operations.
Similarly, in the fiscal year ending March 31, 2022, the company reported a negative operating profit margin of -2,801.62%, reflecting another year of operational losses.
Overall, Roivant Sciences Ltd has experienced significant variability in its operating profit margin over the past three years, with a notable improvement in profitability in the most recent fiscal year. It is crucial for the company to continue monitoring and managing its operational efficiency and cost structure to sustain and enhance its profitability in the future.
Peer comparison
Mar 31, 2024