How much profit has RigNet made this year?
RigNet has made -84.06 M USD this year.
RigNet Net Income 2024
RigNet Net Income
-84.06 M USD
Ticker
RNET
ISIN
US7665821002
WKN
A1C2L3
In 2024, RigNet's profit amounted to -84.06 M USD, a 100% increase from the -42.03 M USD profit recorded in the previous year.
The RigNet Net Income history
| YEAR | NET INCOME (undefined USD) |
|---|---|
| 2023e | -84.06 |
| 2022e | -42.03 |
| 2021e | -21.02 |
| 2020 | -45.81 |
| 2019 | -19.16 |
| 2018 | -62.45 |
| 2017 | -16.18 |
| 2016 | -11.51 |
| 2015 | -16.97 |
| 2014 | 15.64 |
RigNet Revenue, EBIT, Net Income US7665821002 · A1C2L3
3 years
5 years
10 years
Max
Revenue
EBIT
Net Income
Details
Revenue, EBIT and Profit
ⓘUnderstanding Revenue, EBIT, and Income
Gain insights into RigNet, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by RigNet from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects RigNet’s net earnings, an ultimate measure of its financial health and profitability.
Yearly Analysis and Comparisons
Observe the yearly bars to understand the annual performance and growth of RigNet. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.
Utilizing Expectations for Investment
The expected values for the forthcoming years offer investors a glimpse into RigNet’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.
Investment Insights
Leveraging the comparison between Revenue and EBIT helps in assessing RigNet’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on RigNet’s growth potential.
RigNet Revenue, EBIT and net profit per share
| Date | RigNet Revenue | RigNet EBIT | RigNet Net Income |
|---|---|---|---|
| 2023e | 181.63 M undefined | 0 undefined | -84.06 M undefined |
| 2022e | 195.58 M undefined | 0 undefined | -42.03 M undefined |
| 2021e | 214.88 M undefined | 0 undefined | -21.02 M undefined |
| 2020 | 207.92 M undefined | -6.23 M undefined | -45.81 M undefined |
| 2019 | 242.93 M undefined | -5.61 M undefined | -19.16 M undefined |
| 2018 | 238.85 M undefined | -10.48 M undefined | -62.45 M undefined |
| 2017 | 204.89 M undefined | -9.99 M undefined | -16.18 M undefined |
| 2016 | 220.62 M undefined | -2.05 M undefined | -11.51 M undefined |
| 2015 | 271.26 M undefined | 10.65 M undefined | -16.97 M undefined |
| 2014 | 330.17 M undefined | 39.7 M undefined | 15.64 M undefined |
| Revenue | EBIT | Net Income | |
|---|---|---|---|
| 2014 | 330.17 M USD | 39.7 M USD | 15.64 M USD |
| 2015 | 271.26 M USD | 10.65 M USD | -16.97 M USD |
| 2016 | 220.62 M USD | -2.05 M USD | -11.51 M USD |
| 2017 | 204.89 M USD | -9.99 M USD | -16.18 M USD |
| 2018 | 238.85 M USD | -10.48 M USD | -62.45 M USD |
| 2019 | 242.93 M USD | -5.61 M USD | -19.16 M USD |
| 2020 | 207.92 M USD | -6.23 M USD | -45.81 M USD |
| 2021e | 214.88 M USD | 0 USD | -21.02 M USD |
| 2022e | 195.58 M USD | 0 USD | -42.03 M USD |
| 2023e | 181.63 M USD | 0 USD | -84.06 M USD |
RigNet stock margins US7665821002 · A1C2L3
The RigNet margin analysis displays the gross margin, EBIT margin, as well as the profit margin of RigNet. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for RigNet.
3 years
5 years
10 years
Max
Gross margin
EBIT margin
Profit margin
Details
Margin
ⓘUnderstanding Gross Margin
The gross margin, expressed as a percentage, delineates the gross profit made from the RigNet's sales revenue. A higher gross margin percentage indicates that the RigNet retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.
EBIT Margin Analysis
EBIT margin represents the RigNet's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.
Revenue Margin Insights
The revenue margin demonstrates the RigNet's total revenue generated. When comparing the revenue margin year over year, investors can gauge the RigNet's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.
Interpreting Expectations
The expected values for gross, EBIT, and revenue margins provide future financial outlook of the RigNet. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.
Comparative Analysis
Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the RigNet's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.
RigNet Margin History
| RigNet Gross margin | RigNet Profit margin | RigNet EBIT margin | RigNet Profit margin |
|---|---|---|---|
| 2023e | 37.32 % | 0 % | -46.28 % |
| 2022e | 37.32 % | 0 % | -21.49 % |
| 2021e | 37.32 % | 0 % | -9.78 % |
| 2020 | 37.32 % | -3 % | -22.03 % |
| 2019 | 38.36 % | -2.31 % | -7.89 % |
| 2018 | 38.62 % | -4.39 % | -26.15 % |
| 2017 | 35.98 % | -4.87 % | -7.89 % |
| 2016 | 41.19 % | -0.93 % | -5.22 % |
| 2015 | 40.78 % | 3.93 % | -6.26 % |
| 2014 | 43 % | 12.02 % | 4.74 % |
| Gross margin | EBIT margin | Profit margin | |
|---|---|---|---|
| 2014 | 43 % | 12.02 % | 4.74 % |
| 2015 | 40.78 % | 3.93 % | -6.26 % |
| 2016 | 41.19 % | -0.93 % | -5.22 % |
| 2017 | 35.98 % | -4.87 % | -7.89 % |
| 2018 | 38.62 % | -4.39 % | -26.15 % |
| 2019 | 38.36 % | -2.31 % | -7.89 % |
| 2020 | 37.32 % | -3 % | -22.03 % |
| 2021e | 37.32 % | 0 % | -9.78 % |
| 2022e | 37.32 % | 0 % | -21.49 % |
| 2023e | 37.32 % | 0 % | -46.28 % |
RigNet Aktienanalyse
What does RigNet do?
RigNet Inc is a US telecommunications company specializing in services and products for the energy industry. The company was founded in 2000 and is headquartered in Houston, Texas. Business model: RigNet's business model is based on providing communication solutions for the oil and gas industry, including offshore drilling, exploration and production platforms, deep-sea drilling, and ships and drilling vehicles. These solutions range from satellite communication to terrestrial networks. RigNet aims to provide its customers with reliable, secure, and fast connectivity to make their business processes more efficient. Divisions: RigNet offers various services and products in the following business areas: 1. Managed Communications Services - This division includes the provision of telecommunications services such as global satellite communication and terrestrial network connectivity, as well as network management services and cyber security services. 2. Applications and Internet-of-Things (IoT) Solutions - RigNet develops custom software applications and IoT solutions to assist customers in monitoring and controlling operational processes. Examples include asset tracking and management solutions, alarm monitoring systems, and remote monitoring systems. 3. Systems Integration - RigNet also offers system integration services to integrate all aspects of the customer's communication infrastructure (satellite, radio, 4G/LTE, LAN, WAN). 4. Consulting - RigNet also supports customers through consulting expertise in network design and implementation, business optimization, cyber security, and intelligence services. Products: RigNet has a wide range of products to meet the specific requirements and needs of its customers. For example: 1. CyphreLinkTM - A leading cyber security service that focuses on protecting corporate and critical data using state-of-the-art encryption technologies. 2. Managed Satellite Services - RigNet offers a variety of satellite communication services, such as "Always-On" internet connectivity, voice communication, and remote monitoring. 3. IoT Platform - RigNet has also developed an IoT platform that provides custom applications such as asset tracking, alarm and environmental data monitoring, and health and safety monitoring of equipment. 4. Network Operation Center (NOC) - RigNet operates a global NOC that provides 24/7/365 support for technical issues. History: RigNet was founded in 2000 by Mark Slaughter, who established the company in Houston, Texas. Originally, the company was an internet service provider for oil and gas companies in South Texas before specializing in telecommunications services. In 2013, RigNet was spun off to the NYSE and went public in the same year. In 2016, RigNet acquired the system integration and consulting company Cyphre Security Solutions to expand its capabilities in network security and encryption technology. Conclusion: Overall, RigNet is an innovative telecommunications company specializing in providing seamless communication services, IoT solutions, and cyber security services to optimize the business processes of its customers in the energy industry. RigNet focuses on high reliability and flexibility to support its customers' requirements and has made a name for itself in the industry. RigNet ist eines der beliebtesten Unternehmen auf Eulerpool.com.Net Income Details
Understanding RigNet's Profit Margins
The profit margins of RigNet represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of RigNet's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.
Year-to-Year Comparison
Evaluating RigNet's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.
Impact on Investments
RigNet's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.
Interpreting Profit Fluctuations
When RigNet’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.
Frequently Asked Questions about RigNet stock
How has the profit developed compared to last year?
The profit has increased by 100% compared to last year increased
What impact do the earnings have on the shareholders?
An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.
How does RigNet publish its earnings?
RigNet publishes its earnings in the form of quarterly or annual reports.
Which financial indicators are included in the quarterly or annual reports?
The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.
Why is it important for investors to know the earnings of RigNet?
The profits of RigNet are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.
How can one learn more about the earnings of RigNet?
You can learn more about the earnings of RigNet by reviewing the quarterly or annual reports or following the company presentations.
How much dividend does RigNet pay?
Over the past 12 months, RigNet paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, RigNet is expected to pay a dividend of 0 USD.
What is the dividend yield of RigNet?
The current dividend yield of RigNet is .
When does RigNet pay dividends?
RigNet pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of RigNet?
RigNet paid dividends every year for the past 0 years.
What is the dividend of RigNet?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is RigNet located?
RigNet is assigned to the 'Energy' sector.
Wann musste ich die Aktien von RigNet kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of RigNet from 7/10/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 7/10/2024.
When did RigNet pay the last dividend?
The last dividend was paid out on 7/10/2024.
What was the dividend of RigNet in the year 2023?
In the year 2023, RigNet distributed 0 USD as dividends.
In which currency does RigNet pay out the dividend?
The dividends of RigNet are distributed in USD.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
The RigNet stock can be added to a savings plan with the following providers: Trade Republic
Andere Kennzahlen von RigNet
Our stock analysis for RigNet Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of RigNet Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
