Lite Strategy (LITS) Net Margin (2016 - 2023)
Lite Strategy (LITS) posted quarterly Net Margin of 81.11% for Q3 2023, up 49136.0% year-over-year from N/an in Q3 2022, and up 111.17% quarter-over-quarter from 726.42% in Q2 2023.
Lite Strategy (LITS) Net Margin (2016 - 2023) Analysis & Trends
Lite Strategy's Net Margin history runs 8 years deep, the most recent figure standing at 81.11% for Q3 2023.
- In Q3 2023, Net Margin rose 49136.0% year-over-year to 81.11%; the TTM figure through Jun 2024 stood at 2.11% (up 15195.0% YoY), while the FY2024 annual figure was 6.44%, up 23100.0% from the prior year.
- Net Margin for Q3 2023 stood at 81.11%, up from 726.42% in the prior quarter.
- The five-year high for Net Margin was 270.42% in Q2 2019, with the low at 2005.65% in Q4 2019.
- The 5-year median for Net Margin is 258.77% (2019), against an average of 404.61%.
- Peak annual rise in Net Margin reached 378374 bps in 2019, while the deepest fall reached 259253 bps in 2019.
- Lite Strategy's Net Margin stood at 2005.65% in 2019, then surged by 95 bps to 90.94% in 2020, then slumped by 96 bps to 177.93% in 2021, then jumped by 110 bps to 17.2% in 2022, then surged by 372 bps to 81.11% in 2023.
- Business Quant data shows LITS's Net Margin at 81.11% in Q3 2023, 726.42% in Q2 2023, and 549.32% in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.53 Bn | 130.68 Bn | 2.84 Bn | 32.99% |
| 2 | Regeneron Pharmaceuticals | 86.34 Bn | 78.35 Bn | 3.93 Bn | 30.23% |
| 3 | Argenx Se | 64.67 Bn | 59.48 Bn | 1.37 Bn | 31.16% |
| 4 | Moderna | 59.04 Bn | 53.90 Bn | 52.00 Mn | -539.31% |
| 5 | BeOne Medicines | 42.03 Bn | 36.94 Bn | 1.53 Bn | 13.90% |
| 6 | Alnylam Pharmaceuticals | 30.78 Bn | 27.47 Bn | 992.69 Mn | 12.74% |
| 7 | BioNTech SE | 27.81 Bn | 9.42 Bn | 668.28 Mn | -16.51% |
| 8 | Insmed | 27.21 Bn | 26.05 Bn | 358.27 Mn | -3.12% |
| 9 | Royalty Pharma | 26.99 Bn | 26.15 Bn | - | 12.09% |
| 10 | Lite Strategy | 36.25 Mn | 28.70 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 81.11% |
| Jun 30, 2023 | -726.42% |
| Mar 31, 2023 | -549.32% |
| Dec 31, 2022 | 17.20% |
| Sep 30, 2022 | -410.25% |
| Jun 30, 2022 | -143.42% |
| Mar 31, 2022 | -225.69% |
| Dec 31, 2021 | -177.93% |
| Sep 30, 2021 | -312.35% |
| Jun 30, 2021 | -927.92% |
| Mar 31, 2021 | -386.15% |
| Dec 31, 2020 | -90.94% |
| Sep 30, 2020 | -31.52% |
| Jun 30, 2020 | -72.44% |
| Mar 31, 2020 | -347.99% |
| Dec 31, 2019 | -2,005.65% |
| Sep 30, 2019 | -258.77% |
| Jun 30, 2019 | 270.42% |
| Mar 31, 2019 | -1,389.51% |
| Dec 31, 2018 | 586.87% |