TG Therapeutics Inc (TGTX)
Net profit margin
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -14,364 | 95,686 | 41,197 | 12,672 | -25,906 | -175,654 | -168,554 | -198,335 | -238,679 | -288,498 | -326,485 | -348,100 | -342,980 | -344,506 | -318,893 | -279,381 | -230,734 | -205,501 | -188,830 | -172,870 |
| Revenue (ttm) | US$ in thousands | 262,359 | 340,582 | 280,254 | 222,343 | 180,883 | 18,875 | 6,331 | 2,784 | 5,025 | 6,961 | 7,912 | 6,689 | 4,406 | 2,414 | 907 | 152 | 152 | 152 | 152 | 152 |
| Net profit margin | -5.47% | 28.09% | 14.70% | 5.70% | -14.32% | -930.62% | -2,662.36% | -7,124.10% | -4,749.83% | -4,144.49% | -4,126.45% | -5,204.07% | -7,784.38% | -14,271.17% | -35,159.10% | -183,803.29% | -151,798.68% | -135,198.03% | -124,230.26% | -113,730.26% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-14,364K ÷ $262,359K
= -5.47%
TG Therapeutics Inc's net profit margin has exhibited significant variability over the past few quarters. The company experienced negative net profit margins in several periods, indicating that its expenses exceeded its revenues during those times. Notably, the net profit margin was particularly poor in the first quarter of 2020, with a staggering -183,803.29%, highlighting substantial losses.
However, from the second quarter of 2023 onwards, the company's net profit margin improved significantly, showing positive values. In particular, the net profit margin in June 2024 was a strong 28.09%, indicating that the company was able to generate a profit of 28.09 cents for every dollar of revenue earned during that period.
It is important to note that the negative net profit margins observed in earlier periods may have been impacted by one-time events or strategic decisions. Investors and stakeholders should closely monitor the trend in the company's net profit margin over the coming quarters to assess its financial performance and sustainability.
Peer comparison
Sep 30, 2024