TG Therapeutics Inc (TGTX)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -505 | 101,845 | 48,355 | 20,633 | -18,944 | -168,691 | -162,958 | -192,838 | -233,723 | -283,888 | -322,439 | -344,769 | -338,604 | -339,198 | -312,551 | -273,594 | -224,773 | -199,912 | -184,611 | -169,055 |
| 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 |
| Operating profit margin | -0.19% | 29.90% | 17.25% | 9.28% | -10.47% | -893.73% | -2,573.97% | -6,926.65% | -4,651.20% | -4,078.26% | -4,075.32% | -5,154.27% | -7,685.07% | -14,051.28% | -34,459.87% | -179,996.05% | -147,876.97% | -131,521.05% | -121,454.61% | -111,220.39% |
September 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-505K ÷ $262,359K
= -0.19%
The operating profit margin of TG Therapeutics Inc has exhibited significant fluctuations over the past few years. In general, the operating profit margin indicates the company's efficiency in generating profits from its core operations.
Looking at the trend, we see that the operating profit margin was negative in many periods, indicating that the company's operating expenses exceeded its operating income. However, there were also periods where the company managed to achieve positive operating profit margins, with notable peaks at 29.90% in June 2024 and 17.25% in March 2024.
The drastic negative values, such as the -893.73%, -2,573.97%, and -6,926.65% recorded in the earlier periods, are concerning and suggest significant losses were incurred in those quarters. It's important to investigate the reasons behind such extreme fluctuations and losses.
Overall, the company's operating profit margin has been volatile, highlighting the need for careful monitoring and strategic management of operating expenses to ensure sustainable profitability in the future.
Peer comparison
Sep 30, 2024