NextPlay Technologies Profit Margin

NextPlay Technologies posts a profit margin of -654.66% as of August 2023. That compares with -543.23% in the prior-year period — down 20.5% year over year. That is below the Consumer Discretionary sector average of 4.29%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, NextPlay Technologies's profit margin was -543.23%. The latest reading is -654.66% — a 20.5% year-over-year decrease (period ending August 2023). Use the history and growth charts on this page for a longer lookback.

For Consumer Discretionary stocks, a profit margin near 4.29% is typical. NextPlay Technologies's -654.66% is lower that level. That is roughly 15360.2% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

NextPlay Technologies's profit margin moves when the underlying profit, equity, or asset base changes. Cost cuts, pricing power, buybacks, write-downs, and cyclical swings can all shift the percentage. The latest reading is -654.66% as of August 2023; use YoY and peer views to separate noise from signal.

Context for NXTP's profit margin usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 4.29%), and (3) consistency with growth and profitability. This page covers the first two; NextPlay Technologies's other metric pages and overview cover the third.