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Jet AI (Jet AI) Net Margin % : -75.57% (As of Dec. 2023)


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What is Jet AI Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Jet AI's Net Income for the three months ended in Dec. 2023 was $-3.16 Mil. Jet AI's Revenue for the three months ended in Dec. 2023 was $4.18 Mil. Therefore, Jet AI's net margin for the quarter that ended in Dec. 2023 was -75.57%.

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

JTAI' s Net Margin % Range Over the Past 10 Years
Min: -1417.72   Med: -103.28   Max: -35.39
Current: -105.47

JTAI's Net Margin % is ranked worse than
88.88% of 2761 companies
in the Software industry
Industry Median: 1.72 vs JTAI: -105.47

Jet AI Net Margin % Historical Data

The historical data trend for Jet AI'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.

Jet AI Net Margin % Chart

Jet AI Annual Data
Trend Dec21 Dec22 Dec23
Net Margin %
-1,417.72 -35.39 -103.28

Jet AI Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only -132.19 -144.99 - -127.44 -75.57

Competitive Comparison of Jet AI's Net Margin %

For the Software - Application subindustry, Jet AI'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.

Jet AI's Net Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Jet AI's Net Margin % distribution charts can be found below:

* The bar in red indicates where Jet AI's Net Margin % falls into.


Jet AI 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.

Jet AI's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-12.616/12.215
=-103.28 %

Jet AI'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 )
=-3.158/4.179
=-75.57 %

* 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.

Jet AI  (NAS:JTAI) 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.

Jet AI Net Margin % Related Terms

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Jet AI (Jet AI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Jet AI Inc (NAS:JTAI) » Definitions » Net Margin %
Comparable Companies
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Traded in Other Exchanges
N/A
Address
10845 Griffith Peak Drive, Suite 200, Las Vegas, NV, USA, 89135
Website
https://www.jettoken.com
Jet AI Inc is principally involved in the sale of jet cards, which enable holders to use certain aircraft owned, leased by, arranged and/or managed by Jet Token and others at agreed-upon rates, as well as the sale of fractional interests in aircraft; and the operation of a proprietary booking platform, which functions as a prospecting and quoting platform to arrange private jet travel with third party carriers as well as via Jet Token's leased and managed aircraft.
Executives
Patrick Mcnulty officer: Chief Operating Officer 10845 GRIFFITH PEAK DRIVE, SUITE 200, LAS VEGAS NV 89135
George Iii Murnane director, officer: INTERIM CFO 1945 AIRPORT ROAD SUIRE 200, ATLANTA GA 30341
Ehud Talmor director 10845 GRIFFITH PEAK DRIVE, SUITE 200, LAS VEGAS NV 89135
Ran David director 10845 GRIFFITH PEAK DRIVE, SUITE 200, LAS VEGAS NV 89135
Michael D. Winston director, officer: EXEC. CHAIRMAN & INTERIM CEO 10845 GRIFFITH PEAK DRIVE, SUITE 200, LAS VEGAS NV 89135
Donald Jeffrey Woods director 10845 GRIFFITH PEAK DRIVE, SUITE 200, LAS VEGAS NV 89135
Jeffrey A Altman 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Owl Creek Asset Management, L.p. 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
William L Yankus director 10 PHEASANT HILL, FARMINGTON CT 06032
Allan S. Martin director 401 EAST JACKSON STREET, SUITE 2370, TAMPA FL 33601
Sanjay Madhu director, officer: CEO, President and Chairman 425 EAST DAVIS BLVD., TAMPA FL 33606
Wrendon Timothy director, officer: CFO, Treas., Sec'y & Director P.O. BOX 469, CAMANA BAY E9 KY1-9006
Oac Sponsor Ltd. 10 percent owner SUITE 201, 42 EDWARD STREET, GEORGE TOWN, GRAND CAYMAN E9 KY1-9006
Jason Tk Butcher director SUITE 201, 42 EDWARD STREET, GEORGE TOWN, GRAND CAYMAN E9 KY1-9006