BlueBet Holdings (ASX:BBT) Net Margin % : -37.25% (As of Dec. 2023)

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What is BlueBet Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. BlueBet Holdings's Net Income for the six months ended in Dec. 2023 was A$-10.36 Mil. BlueBet Holdings's Revenue for the six months ended in Dec. 2023 was A$27.82 Mil. Therefore, BlueBet Holdings's net margin for the quarter that ended in Dec. 2023 was -37.25%.

The historical rank and industry rank for BlueBet Holdings's Net Margin % or its related term are showing as below:

ASX:BBT' s Net Margin % Range Over the Past 10 Years
Min: -34.92 Med: -23.02 Max: -11.11
Current: -33.81

ASX:BBT's Net Margin % is ranked worse than
89.29% of 822 companies
in the Travel & Leisure industry
Industry Median: 4.76 vs ASX:BBT: -33.81

BlueBet Holdings Net Margin % Historical Data

The historical data trend for BlueBet Holdings's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BlueBet Holdings Net Margin % Chart

BlueBet Holdings Annual Data

Trend

Jun22

Jun23

Net Margin %

-11.11

-34.92

BlueBet Holdings Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %	Get a 7-Day Free Trial			-2.98	-18.50	-40.13	-30.52	-37.25

Competitive Comparison of BlueBet Holdings's Net Margin %

For the Gambling subindustry, BlueBet Holdings's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

BlueBet Holdings's Net Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, BlueBet Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where BlueBet Holdings's Net Margin % falls into.

BlueBet Holdings Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

BlueBet Holdings's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin	=	Net Income (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	-18.832	/	53.928
	=	-34.92 %

BlueBet Holdings's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-10.363	/	27.817
	=	-37.25 %

BlueBet Holdings (ASX:BBT) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

BlueBet Holdings Net Margin % Related Terms

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BlueBet Holdings (ASX:BBT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » BlueBet Holdings Ltd (ASX:BBT) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Spring Street, Level 9, Sydney, NSW, AUS, 2000

Website

https://www.bluebet.com.au

BlueBet Holdings Ltd is engaged in providing sports and race betting services in Australia. Its main product line includes sports, horse racing, greyhound racing, harness racing, and on-track bets. The company generates its income from wagering revenue.

BlueBet Holdings (ASX:BBT) Headlines

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