In a survey conducted in Australia in January and February 2024, 48 percent of small and medium enterprises (SMEs) reported that they had made a profit over the last month. This is down from the previous January in 2023, where 53 percent of SMEs reported a profit over the last month.
Distribution of small and medium enterprises (SMEs) in Australia from January 2023 to January 2024, by profitability
Characteristic
Profit
Breakeven
Loss
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Key decision makers/influencers at small and medium enterprises from all industry sectors across Australia responded to the survey. Data is weighted to reflect the distribution by industry, number of employees, and state.
Supplementary notes
Businesses with between 1-500 employees included in sample.
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fifth quadrant. (February 7, 2024). Distribution of small and medium enterprises (SMEs) in Australia from January 2023 to January 2024, by profitability [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1453034/australia-distribution-of-smes-by-profitability/
fifth quadrant. "Distribution of small and medium enterprises (SMEs) in Australia from January 2023 to January 2024, by profitability." Chart. February 7, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1453034/australia-distribution-of-smes-by-profitability/
fifth quadrant. (2024). Distribution of small and medium enterprises (SMEs) in Australia from January 2023 to January 2024, by profitability. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1453034/australia-distribution-of-smes-by-profitability/
fifth quadrant. "Distribution of Small and Medium Enterprises (Smes) in Australia from January 2023 to January 2024, by Profitability." Statista, Statista Inc., 7 Feb 2024, https://www.statista.com/statistics/1453034/australia-distribution-of-smes-by-profitability/
fifth quadrant, Distribution of small and medium enterprises (SMEs) in Australia from January 2023 to January 2024, by profitability Statista, https://www.statista.com/statistics/1453034/australia-distribution-of-smes-by-profitability/ (last visited August 24, 2024)
Distribution of small and medium enterprises (SMEs) in Australia from January 2023 to January 2024, by profitability [Graph], fifth quadrant, February 7, 2024. [Online]. Available: https://www.statista.com/statistics/1453034/australia-distribution-of-smes-by-profitability/