LIGHTPATH TECHNOLOGIES INC
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2011 | 39.2% | -8.6% | -16.0% |
| FY2012 | 35.8% | -8.2% | -7.7% |
| FY2013 | 43.9% | 1.8% | 1.8% |
| FY2014 | 45.5% | -3.2% | -2.6% |
| FY2015 | 43.8% | -1.9% | -5.2% |
| FY2016 | 53.9% | 11.6% | 8.2% |
| FY2017 | 51.9% | 14.6% | 27.2% |
| FY2018 | 38.5% | 1.1% | 3.3% |
| FY2019 | 37.1% | -3.4% | -7.9% |
| FY2020 | 39.6% | 6.1% | 2.5% |
| FY2021 | 35.0% | -4.8% | -8.3% |
| FY2022 | 33.2% | -7.4% | -10.0% |
| FY2023 | 33.6% | -10.8% | -12.3% |
| FY2024 | 27.2% | -24.7% | -25.2% |
| FY2025 | 27.2% | -31.8% | -40.0% |
Obvious prospects for physical growth in a business do not translate into obvious profits for investors.