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ShiftPixy (ShiftPixy) Operating Margin % : -123.37% (As of Feb. 2024)


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What is ShiftPixy Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. ShiftPixy's Operating Income for the three months ended in Feb. 2024 was $-4.70 Mil. ShiftPixy's Revenue for the three months ended in Feb. 2024 was $3.81 Mil. Therefore, ShiftPixy's Operating Margin % for the quarter that ended in Feb. 2024 was -123.37%.

Warning Sign:

ShiftPixy Inc operating margin has been in a 5-year decline. The average rate of decline per year is -21.6%.

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

PIXY' s Operating Margin % Range Over the Past 10 Years
Min: -220.8   Med: -113.09   Max: -21.92
Current: -220.8


PIXY's Operating Margin % is ranked worse than
98.11% of 1057 companies
in the Business Services industry
Industry Median: 6.11 vs PIXY: -220.80

ShiftPixy's 5-Year Average Operating Margin % Growth Rate was -21.60% per year.

ShiftPixy's Operating Income for the three months ended in Feb. 2024 was $-4.70 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2024 was $-32.84 Mil.


ShiftPixy Operating Margin % Historical Data

The historical data trend for ShiftPixy's Operating 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.

ShiftPixy Operating Margin % Chart

ShiftPixy Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only -148.85 -208.69 -116.76 -109.42 -175.29

ShiftPixy Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Operating 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 -114.96 -161.61 -414.32 -212.77 -123.37

Competitive Comparison of ShiftPixy's Operating Margin %

For the Staffing & Employment Services subindustry, ShiftPixy's Operating Margin %, along with its competitors' market caps and Operating 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.


ShiftPixy's Operating Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ShiftPixy's Operating Margin % distribution charts can be found below:

* The bar in red indicates where ShiftPixy's Operating Margin % falls into.



ShiftPixy Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

ShiftPixy's Operating Margin % for the fiscal year that ended in Aug. 2023 is calculated as

Operating Margin %=Operating Income (A: Aug. 2023 ) / Revenue (A: Aug. 2023 )
=-30.025 / 17.129
=-175.29 %

ShiftPixy's Operating Margin % for the quarter that ended in Feb. 2024 is calculated as

Operating Margin %=Operating Income (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=-4.704 / 3.813
=-123.37 %

* 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.


ShiftPixy  (NAS:PIXY) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


ShiftPixy Operating Margin % Related Terms

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


ShiftPixy (ShiftPixy) Business Description

Traded in Other Exchanges
N/A
Address
4101 NW 25th Street, Miami, FL, USA, 33131
ShiftPixy Inc provides a disruptive human capital management platform, revolutionizing employment in the Gig Economy by delivering a next-gen mobile engagement technology to help businesses with shift-based employees navigate regulatory mandates, minimize administrative burdens and connect with a ready-for-hire workforce. ShiftPixy adds a needed layer for addressing compliance and continued demands for equitable employment practices in the growing economy. Geographically it operates in California and Washington and drives key revenue from Californian religion. Its primary operating business metric is gross billings, consisting of the clients' fully burdened payroll costs.
Executives
Douglas Beck officer: Chief Financial Officer C/O IBIO, INC., 9 INNOVATION WAY, SUITE 100, NEWARK DE 19711
Kenneth Weir Weaver director 901 RIVERSIDE DRIVE, OLD HICKORY TN 37138
Manuel Rivera officer: Treasurer and Acting CFO C/O SHIFTPIXY, INC., 501 BRICKELL KEY DRIVE, SUITE 300, MIAMI FL 33131
Domonic J. Carney officer: Chief Financial Officer 9400 TOLEDO WAY, IRVINE CA 92618
Robert S. Gans officer: Secretary & Corporate Counsel C/O SHIFTPIXY, INC., 1 VENTURE, SUITE 150, IRVINE CA 92618
Scott W Absher director, 10 percent owner, officer: Chief Executive Officer 4101 NW 25TH STREET, MIAMI FL 33142
Amanda Murphy director C/O SHIFTPIXY, INC., 1 VENTURE, SUITE 150, IRVINE CA 92618
Christopher Sebes director 1 VENTURE, SUITE 150, IRVINE CA 92618
John Stephen Holmes 10 percent owner 1 VENTURE, SUITE 150, IRVINE CA 92618
Kirk M Flagg officer: Chief Compliance Officer 1 VENTURE, SUITE 150, IRVINE CA 92618
Whitney James White director 1991 BROADWAY, APT 26/27C, NEW YORK NY 10023
Sean Christopher Higgins director 42 OAKRIDGE CRES, GUELPH A6 N1L 1J3
Mark A Absher director 18101 VON KARMAN AVE, STE 330, IRVINE CA 96212
Stephen Paul Desantis officer: CFO 1 SCARLET MAPLE DRIVE, LADERA RANCH CA 92694