Beasley Broadcast Inc Profit margin
What is the Profit margin of Beasley Broadcast Inc?
The Profit margin of Beasley Broadcast Group Inc is -30.40%
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 NASDAQ compared to Beasley Broadcast Inc
What does Beasley Broadcast Inc do?
beasley media group, inc. is a subsidiary of beasley broadcast group, inc. (nasdaq: bbgi), which was founded in 1961 by george g. beasley. today, beasley broadcast group owns and operates 69 stations (50 fm and 19 am) in 16 large-and mid-size markets in the united states. approximately 20.1 million consumers listen to beasley radio stations weekly over-the-air, online and on smartphones and tablets and millions regularly engage with the company’s brands and personalities through digital platforms such as facebook, twitter, text, apps and email. for more information, visit www.bbgi.com.
Companies with profit margin similar to Beasley Broadcast Inc
- Morses Club PLC has Profit margin of -30.50%
- Uttam Galva Steels has Profit margin of -30.49%
- Parsvnath Developers has Profit margin of -30.49%
- Eros STX Global has Profit margin of -30.48%
- Hidili Industry International Development has Profit margin of -30.47%
- ForgeRock has Profit margin of -30.47%
- Beasley Broadcast Inc has Profit margin of -30.40%
- PSB Industries SA has Profit margin of -30.38%
- Cryo-Cell International has Profit margin of -30.38%
- FSM has Profit margin of -30.37%
- Simply Better Brands has Profit margin of -30.37%
- PureK has Profit margin of -30.37%
- Sezzle has Profit margin of -30.33%