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Galata Acquisition (Galata Acquisition) Net Margin % : 0.00% (As of Mar. 2023)


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What is Galata Acquisition Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Galata Acquisition's Net Income for the three months ended in Mar. 2023 was $1.22 Mil. Galata Acquisition's Revenue for the three months ended in Mar. 2023 was $0.00 Mil. Therefore, Galata Acquisition's net margin for the quarter that ended in Mar. 2023 was 0.00%.

The historical rank and industry rank for Galata Acquisition's Net Margin % or its related term are showing as below:


GLTA.U's Net Margin % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 5.01
* Ranked among companies with meaningful Net Margin % only.

Galata Acquisition Net Margin % Historical Data

The historical data trend for Galata Acquisition's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Galata Acquisition Net Margin % Chart

Galata Acquisition Annual Data
Trend Dec21 Dec22
Net Margin %
- -

Galata Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Net Margin % Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Galata Acquisition's Net Margin %

For the Shell Companies subindustry, Galata Acquisition's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Galata Acquisition's Net Margin % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Galata Acquisition's Net Margin % distribution charts can be found below:

* The bar in red indicates where Galata Acquisition's Net Margin % falls into.



Galata Acquisition Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Galata Acquisition's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=-0.837/0
= %

Galata Acquisition's Net Margin for the quarter that ended in Mar. 2023 is calculated as

Net Margin=Net Income (Q: Mar. 2023 )/Revenue (Q: Mar. 2023 )
=1.221/0
= %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Galata Acquisition  (AMEX:GLTA.U) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Galata Acquisition Net Margin % Related Terms

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Galata Acquisition (Galata Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
2001 South Street South West, Suite 320, Washington, DC, USA, 20009
Galata Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Galata Acquisition (Galata Acquisition) Headlines

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