IGO Ltd
ASX:IGO
Net Margin
IGO Ltd
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| AU |
|
IGO Ltd
ASX:IGO
|
3B AUD |
-155%
|
|
| AU |
|
BHP Group Ltd
ASX:BHP
|
183.1B AUD |
21%
|
|
| AU |
|
Rio Tinto Ltd
ASX:RIO
|
169.7B AUD |
22%
|
|
| UK |
|
Rio Tinto PLC
LSE:RIO
|
68.6B GBP |
22%
|
|
| CH |
|
Glencore PLC
LSE:GLEN
|
34.7B GBP |
-1%
|
|
| MX |
|
Grupo Mexico SAB de CV
BMV:GMEXICOB
|
844.8B MXN |
22%
|
|
| SA |
|
Saudi Arabian Mining Company SJSC
SAU:1211
|
154.3B SAR |
10%
|
|
| UK |
|
Anglo American PLC
LSE:AAL
|
28.6B GBP |
-11%
|
|
| ZA |
A
|
African Rainbow Minerals Ltd
JSE:ARI
|
32.5B Zac |
29%
|
|
| CN |
|
CMOC Group Ltd
SSE:603993
|
175.8B CNY |
7%
|
|
| IN |
|
Hindustan Zinc Ltd
NSE:HINDZINC
|
1.9T INR |
30%
|
IGO Ltd
Glance View
IGO Ltd, an Australian-based company, has carved a distinct niche for itself in the mining and exploration industry. Journeying beyond the typical iron ore and coal sectors that Australia is known for, IGO has embraced the metals essential to modern technology and renewable energy. Their strategic focus is primarily on nickel, copper, and cobalt—critical components for batteries and electronic devices. The company's operations are centered around several prominent projects, such as the Nova Nickel-Copper-Cobalt operation in Western Australia, which represents a cornerstone of their production. Through these projects, IGO harnesses its expertise in mineral exploration and extraction, working to ensure a steady supply of materials indispensable to the burgeoning demand for electric vehicles (EVs) and renewable energy solutions. The essence of IGO's business model is its integrated approach, which encompasses exploration, production, and development, ensuring a seamless pipeline from the discovery phase to market delivery. This is complemented by its forward-thinking environmental, social, and governance (ESG) practices, as IGO consistently looks to minimize its environmental footprint and engage positively with local communities. Their revenue streams are robustly anchored in the global market's demand for high-quality metals, tapping into partnerships and sales agreements with key players in the global supply chain of modern technology. By aligning its growth trajectory with the global shift towards cleaner energy and sustainable practices, IGO positions itself as a vital player in the ongoing "green metals" narrative, contributing not just to its bottom line but also to broader societal transformations.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on IGO Ltd's most recent financial statements, the company has Net Margin of -155.4%.
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