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Leet Technology (Leet Technology) Net Margin % : -60.91% (As of Mar. 2024)


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What is Leet Technology Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Leet Technology's Net Income for the three months ended in Mar. 2024 was $-0.12 Mil. Leet Technology's Revenue for the three months ended in Mar. 2024 was $0.20 Mil. Therefore, Leet Technology's net margin for the quarter that ended in Mar. 2024 was -60.91%.

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

LTES' s Net Margin % Range Over the Past 10 Years
Min: -8503.17   Med: -1158.9   Max: -191.08
Current: -213.33


LTES's Net Margin % is ranked worse than
95.2% of 1042 companies
in the Media - Diversified industry
Industry Median: 1.51 vs LTES: -213.33

Leet Technology Net Margin % Historical Data

The historical data trend for Leet Technology'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.

Leet Technology Net Margin % Chart

Leet Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,332.69 -1,158.90 -8,503.17 -1,742.76 -435.02

Leet Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1,034.69 -323.96 -902.94 -184.06 -60.91

Competitive Comparison of Leet Technology's Net Margin %

For the Entertainment subindustry, Leet Technology'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.


Leet Technology's Net Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Leet Technology's Net Margin % distribution charts can be found below:

* The bar in red indicates where Leet Technology's Net Margin % falls into.



Leet Technology 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.

Leet Technology'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 )
=-1.379/0.317
=-435.02 %

Leet Technology's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-0.12/0.197
=-60.91 %

* 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.


Leet Technology  (OTCPK:LTES) 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.


Leet Technology Net Margin % Related Terms

Thank you for viewing the detailed overview of Leet Technology's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Leet Technology (Leet Technology) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Othman, 805, 8th Floor, Menara Mutiara Majestic, Petaling Jaya, SGR, MYS, 46000
Leet Technology Inc is a technology company developing and operating platforms focused on eSports platform in Malaysia. Its gaming platform allows tournament organizers, brands, players, and game developers to organize esports tournaments utilizing their platform tools.
Executives
Dai Song director, 10 percent owner, officer: CEO, CFO, Secretary 803 & 805, 8TH FLOOR, MENARA MUTIARA MAJECTIC, JALAN OTHMAN, PETALING JAYA N8 46000
Doheny Group, Llc 10 percent owner 1702 S. ROBERTSON BLVD, #111, LOS ANGELES CA 90035
David Haridim director, 10 percent owner, officer: Pres., CEO, CFO, Secretary 1427 S ROBERTSON BLVD, LOS ANGELES CA 90035
Laurence Wainer director, 10 percent owner, officer: President 137 SOUTH ROBERSTON BOULEVARD, BEVERLY HILLS CA 90211
James M Cassidy other: former president and director 215 APOLENA AVENUE, NEWPORT BEACH CA 92662
James K Mckillop other: former vp and director 9454 WILSHIRE BOULEVARD, SUITE 612, BEVERLY HILLS CA 90212