Touchpoint Profit margin
What is the Profit margin of Touchpoint?
The Profit margin of Touchpoint Group Holdings, Inc. is -5,708.79%
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 Communication Services sector on NYSE compared to Touchpoint
What does Touchpoint do?
Touchpoint Group Holdings, Inc., through its subsidiaries, operates as a software development company in the United States, Hong Kong, China, and the United Kingdom. The company engages in the software development, design, integration, support, and maintenance services of a robust fan engagement platform that enhances fan experience and drives commercial aspects of the sport and entertainment business. Its fan engagement platform also brings users closer to the action by enabling them to engage with clubs, favorite players, peers, and relevant brands through various features, including live streaming, access to limited edition merchandise, gamification, user rewards, third party branded offers, credit cards, and related benefits. The company was formerly known as One Horizon Group, Inc. and changed its name to Touchpoint Group Holdings, Inc. in September 2019. Touchpoint Group Holdings, Inc. was incorporated in 1972 and is based in Miami, Florida.
Companies with profit margin similar to Touchpoint
- Essar Securities has Profit margin of -5,815.63%
- Hexa Tradex has Profit margin of -5,807.72%
- Premier has Profit margin of -5,793.79%
- Acacia Pharma Plc has Profit margin of -5,781.90%
- Moreton Resources has Profit margin of -5,754.35%
- Carbine Resources has Profit margin of -5,730.77%
- Touchpoint has Profit margin of -5,708.79%
- Real Luck has Profit margin of -5,700.00%
- Malachite Resources has Profit margin of -5,693.33%
- Ardea Resources has Profit margin of -5,653.33%
- King Island Scheelite has Profit margin of -5,594.26%
- Vango Mining has Profit margin of -5,538.46%
- SinoMab BioScience has Profit margin of -5,537.81%