ON24 Profit margin
What is the Profit margin of ON24?
The Profit margin of ON24, Inc. is -31.63%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Technology sector on NYSE compared to ON24
Companies with profit margin similar to ON24
- Phoenix Global Resources Plc has Profit margin of -31.93%
- Sankhya Infotech has Profit margin of -31.88%
- Fe has Profit margin of -31.84%
- Little Green Pharma Ltd has Profit margin of -31.80%
- Capstone Turbine has Profit margin of -31.77%
- Mahindra Lifespace Developers has Profit margin of -31.66%
- ON24 has Profit margin of -31.63%
- IFA Hotel & Touristik Aktiengesellschaft has Profit margin of -31.60%
- Hongkong Land has Profit margin of -31.57%
- Spectur has Profit margin of -31.50%
- China Jicheng has Profit margin of -31.50%
- Austral Resources Australia has Profit margin of -31.48%
- Silk Road Medical Inc has Profit margin of -31.47%