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iCoreConnect Profit Margin

iCoreConnect (ICCT) has a profit margin of -289.93%, below the sector sector average of 13.23%.

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Quarterly Profit Margin

-444.65%
↓ 45.98% YoY

As of Dec 2024

Annual Profit Margin (TTM)

-289.93%
↓ 46.36% YoY

Trailing 12 months ending Dec 2024

Average Profit Margin (Comparison Companies)

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Profit Margin History

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Profit Margin Comparison

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Annual Profit Margin Growth Rate (%)

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iCoreConnect (ICCT) FAQ

The latest profit margin for ICCT is -289.93% as of December 2024. That compares with -198.09% in the prior-year period — down 46.4% year over year. That is below the sector sector average of 13.23%. Investors often review this figure alongside iCoreConnect's historical trend and sector peers before judging valuation or financial health.

Over the past year, ICCT's profit margin moved from -198.09% to -289.93% — a 46.4% year-over-year decrease. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in iCoreConnect's valuation or profitability profile.

Against its sector companies, ICCT currently prints -289.93% for profit margin, while the sector average sits near 13.23%. That is roughly 2292.1% below the sector mean. Large gaps often invite a closer look at iCoreConnect's growth, margins, and balance sheet.

Profit Margin shows how effectively iCoreConnect converts resources into returns. At -289.93%, ICCT may look efficient or underperforming depending on peer benchmarks and trend direction. That compares with -198.09% in the prior-year period — down 46.4% year over year. Pair the percentage with revenue growth and leverage for a fuller health check.

After noting ICCT's profit margin (-289.93%), review year-over-year change from -198.09%, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.