NextPlay Technologies Profit Margin

NextPlay Technologies (NXTP) currently reports 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 9.32%. Use the charts on this page to explore NextPlay Technologies's profit margin history and peer comparisons.

NextPlay Technologies's profit margin decreased from -543.23% to -654.66% — a 20.5% year-over-year decrease (period ending August 2023). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

NextPlay Technologies's profit margin of -654.66% is lower than the Consumer Discretionary sector average of 9.32%. That is roughly 7124.1% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

There is no universal 'good' profit margin, but NextPlay Technologies's current -654.66% should be judged against Consumer Discretionary norms (sector average: 9.32%) and against NXTP's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.

Start with the current profit margin of -654.66%, then check the historical chart for trend and the peer comparison chart for relative positioning. The Consumer Discretionary average is 9.32%. From there, open related valuation or income-statement pages for NextPlay Technologies, and consider following NXTP for alerts when major investors trade the stock.