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Vuzix (VUZI) Net Margin % : -3,715.65% (As of Jun. 2024)


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What is Vuzix Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Vuzix's Net Income for the three months ended in Jun. 2024 was $-40.61 Mil. Vuzix's Revenue for the three months ended in Jun. 2024 was $1.09 Mil. Therefore, Vuzix's net margin for the quarter that ended in Jun. 2024 was -3,715.65%.

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

VUZI' s Net Margin % Range Over the Past 10 Years
Min: -1285.06   Med: -349.47   Max: -155.01
Current: -1285.06


VUZI's Net Margin % is ranked worse than
99.22% of 2445 companies
in the Hardware industry
Industry Median: 2.79 vs VUZI: -1285.06

Vuzix Net Margin % Historical Data

The historical data trend for Vuzix'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.

Vuzix Net Margin % Chart

Vuzix 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 -396.88 -155.01 -306.70 -344.41 -413.46

Vuzix Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -192.82 -503.81 -1,863.26 -501.40 -3,715.65

Competitive Comparison of Vuzix's Net Margin %

For the Consumer Electronics subindustry, Vuzix'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.


Vuzix's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Vuzix's Net Margin % distribution charts can be found below:

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



Vuzix 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.

Vuzix'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 )
=-50.149/12.129
=-413.46 %

Vuzix's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin=Net Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=-40.612/1.093
=-3,715.65 %

* 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.


Vuzix  (NAS:VUZI) 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.


Vuzix Net Margin % Related Terms

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


Vuzix Business Description

Traded in Other Exchanges
Address
25 Hendrix Road, Suite A, West Henrietta, NY, USA, 14586
Vuzix Corp is engaged in the design, manufacturing, marketing, and selling of Smart Glasses and Augmented Reality (AR) technologies and products for the enterprise, medical, defense, and consumer markets. Its products include head-mounted (or HMDs or heads-up displays or HUDs) smart personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays, and augmented reality, as well as OEM waveguide optical components and display engines. Geographically, the company generates a majority of its revenue from the United States and also has a presence in Japan, Netherlands, and other countries.
Executives
Timothy Heydenreich Harned director 71 MAUGUS AVENUE, WELLESLEY MA 02481
Paul J Travers director, officer: President and CEO 75 TOWN CENTRE DR, ROCHESTER NY 14623
Kay Edward William Jr. director 55 MITCHELL ROAD, PITTSFORD NY 14534
Peter Hamilton Jameson officer: Chief Operating Officer 5 CHIPMUNK TRL, PITTSFORD NY 14534
Raj Rajgopal director C/O VIRTUSA CORPORATION, 2000 WEST PARK DRIVE, WESTBOROUGH MA 01581
Grant Russell director, officer: CFO and Executive VP VUZIX CORPORATION, 75 TOWN CENTRE DR, ROCHESTER NY 14623
Emily Nagle Green director CASELLA WASTE SYSTEMS, 25 GREENS HILL LANE, RUTLAND VT 05701
Azita Arvani director 1522 LOMA DRIVE, HERMOSA BEACH CA 90254
Intel Corp 10 percent owner 2200 MISSION COLLEGE BLVD, RNB-4-151, SANTA CLARA CA 95054
Alexander Ruckdaeschel director 123 EAST 83RD STREET, APT 3-B, NEW YORK NY 10028
Paul A Boris director, officer: Chief Operating Officer 2561 VERONICA DRIVE, CHESTER SPRINGS PA 19425
William Lee director 75 TOWN CENTRE DR, C/O VUZIX CORPORATION, ROCHESTER NY 14623
Michael Dennis Scott director 1211 21ST STREET, HERMOSA BEACH CA 90254
Michael Edwards Mccrackan officer: Vice President of Operations 38 TURNING LEAF DRIVE, PITTSFORD NY 14534
Cecin Jose A Jr director C/O MOBILE SATELLITE VENTURES LP, 10802 PARKRIDGE BLVD, RESTON VA 20191

Vuzix Headlines