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Ework Group AB (LTS:0MCB) Net Margin % : 0.86% (As of Mar. 2024)


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What is Ework Group AB Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Ework Group AB's Net Income for the three months ended in Mar. 2024 was kr37 Mil. Ework Group AB's Revenue for the three months ended in Mar. 2024 was kr4,225 Mil. Therefore, Ework Group AB's net margin for the quarter that ended in Mar. 2024 was 0.86%.

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

LTS:0MCB' s Net Margin % Range Over the Past 10 Years
Min: 0.57   Med: 0.8   Max: 0.98
Current: 0.74


LTS:0MCB's Net Margin % is ranked worse than
71.35% of 1061 companies
in the Business Services industry
Industry Median: 3.93 vs LTS:0MCB: 0.74

Ework Group AB Net Margin % Historical Data

The historical data trend for Ework Group AB'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.

Ework Group AB Net Margin % Chart

Ework Group AB 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 0.60 0.57 0.74 0.87 0.75

Ework Group AB 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 0.89 0.72 0.60 0.75 0.86

Competitive Comparison of Ework Group AB's Net Margin %

For the Staffing & Employment Services subindustry, Ework Group AB'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.


Ework Group AB's Net Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ework Group AB's Net Margin % distribution charts can be found below:

* The bar in red indicates where Ework Group AB's Net Margin % falls into.



Ework Group AB 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.

Ework Group AB'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 )
=129.028/17247.433
=0.75 %

Ework Group AB'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 )
=36.53/4225.269
=0.86 %

* 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.


Ework Group AB  (LTS:0MCB) 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.


Ework Group AB Net Margin % Related Terms

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Ework Group AB (LTS:0MCB) Business Description

Traded in Other Exchanges
Address
Master Samuelsgatan 60, Stockholm, SWE, 111 21
Ework Group AB is a market- leading and independent consultant provider operating in northern Europe, which focuses on IT, telecom, technology, and business development. Some of the company's services are to set the price index for its clients and consultants, it also offers flexible solutions that cover various industry- leading companies to small-scale businesses, at a local and global level. Ework Group has its operational footprints in Sweden, Denmark, Norway, and Finland wherein, It generates a majority of its revenue from Sweden.

Ework Group AB (LTS:0MCB) Headlines

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