10X Capital Venture Acquisition II - Units (1 Ord Share Class A & 1/3 War) (VCXAU) has a profit margin of -2950.61%, below the sector sector average of 13.23%.
Get informed when a big investor buys or sells
+ FollowAs of Mar 2024
Trailing 12 months ending Mar 2024
10X Capital Venture Acquisition II - Units (1 Ord Share Class A & 1/3 War) posts a profit margin of -2950.61% as of March 2024. That compares with -3944.55% in the prior-year period — up 25.2% year over year. That is below the sector sector average of 13.23%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
In the prior comparable period, 10X Capital Venture Acquisition II - Units (1 Ord Share Class A & 1/3 War)'s profit margin was -3944.55%. The latest reading is -2950.61% — a 25.2% year-over-year increase (period ending March 2024). Use the history and growth charts on this page for a longer lookback.
For its sector stocks, a profit margin near 13.23% is typical. 10X Capital Venture Acquisition II - Units (1 Ord Share Class A & 1/3 War)'s -2950.61% is lower that level. That is roughly 22408.9% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
10X Capital Venture Acquisition II - Units (1 Ord Share Class A & 1/3 War)'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 -2950.61% as of March 2024; use YoY and peer views to separate noise from signal.
Context for VCXAU's profit margin usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 13.23%), and (3) consistency with growth and profitability. This page covers the first two; 10X Capital Venture Acquisition II - Units (1 Ord Share Class A & 1/3 War)'s other metric pages and overview cover the third.