Avingtrans Net Profit Margin Growth & History (AVG)
Avingtrans's net profit margin was 2.68% for fiscal 2024.
View full Avingtrans company overviewAvingtrans annual net profit margin history
| Fiscal year | Period ended | Net profit margin | Change (percentage points) |
|---|---|---|---|
| 2024 | 2024-05-31 | 2.68% | −1.78 pp |
| 2023 | 2023-05-31 | 4.46% | −2.08 pp |
| 2022 | 2022-05-31 | 6.54% | — |
Avingtrans net profit margin trends
Between the periods ended 2022-05-31 and 2024-05-31, Avingtrans's net profit margin decreased from 6.54% to 2.68%, a change of −3.86 percentage points.
What net profit margin means
Net profit margin measures the percentage of revenue remaining as net income after operating costs, interest, taxes, and other expenses. It shows how much bottom-line profit or loss a company generates from each dollar of revenue.
How net profit margin is calculated
TickerStat calculates net profit margin as reported net income divided by reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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Avingtrans buys US nuclear-engineering designs for $2.5 million
Avingtrans ($AVG) has acquired the intellectual property, trading history and brand of Joseph Oat Corporation for $2.5 million in cash. The US nuclear-engineering specialist supplied critical equipment with a substantial installed base that ...