Mint Payments Profit margin
What is the Profit margin of Mint Payments?
The Profit margin of Mint Payments Limited is -19.59%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Technology sector on ASX compared to Mint Payments
What does Mint Payments do?
Mint Payments Limited provides mobile payments and transaction services in Australia. The company provides omnichannel payment processing solutions that enable businesses to process and manage their payments. Its products include Mint mPOS solution; Move 5000, a payment processing tool that accepts payments on the shop floor or at the table; Virtual Terminal, a cloud based payment processing tool; Mint Online, an online payment gateway; and Enterprise and White Label solution. It serves the travel, hospitality, and professional services sectors. The company was formerly known as Mint Wireless Limited and changed its name to Mint Payments Limited in December 2014. Mint Payments Limited was incorporated in 2006 and is based in Gladesville, Australia.
Companies with profit margin similar to Mint Payments
- RMA Global has Profit margin of -19.65%
- WisdomTree Japan Multifactor Fund has Profit margin of -19.64%
- Stratasys Ltd has Profit margin of -19.61%
- Maestrano Plc has Profit margin of -19.61%
- eSun has Profit margin of -19.60%
- Titan Mining has Profit margin of -19.60%
- Mint Payments has Profit margin of -19.59%
- BigTinCan has Profit margin of -19.58%
- Atlanta Braves Inc has Profit margin of -19.56%
- Misonix Inc has Profit margin of -19.55%
- Senetas has Profit margin of -19.55%
- Osisko Gold Royalties has Profit margin of -19.55%
- ZW Data Action Technologies Inc has Profit margin of -19.53%