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IR-Med (IR-Med) Net Margin % : 0.00% (As of Mar. 2024)


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What is IR-Med Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. IR-Med's Net Income for the three months ended in Mar. 2024 was $-0.66 Mil. IR-Med's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Therefore, IR-Med's net margin for the quarter that ended in Mar. 2024 was 0.00%.

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


IRME's Net Margin % is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: -1.34
* Ranked among companies with meaningful Net Margin % only.

IR-Med Net Margin % Historical Data

The historical data trend for IR-Med'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.

IR-Med Net Margin % Chart

IR-Med Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Margin %
- - - -

IR-Med Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of IR-Med's Net Margin %

For the Medical Devices subindustry, IR-Med'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.


IR-Med's Net Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, IR-Med's Net Margin % distribution charts can be found below:

* The bar in red indicates where IR-Med's Net Margin % falls into.



IR-Med 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.

IR-Med's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-4.909/0
= %

IR-Med's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-0.657/0
= %

* 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.


IR-Med  (OTCPK:IRME) 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.


IR-Med Net Margin % Related Terms

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IR-Med (IR-Med) Business Description

Traded in Other Exchanges
N/A
Address
Z.H.R Industrial Zone, P.O. Box 143, Rosh Pina, ISR, 1231400
IR-Med Inc is a medical device company that specializes in infrared-based technologies. It develops medical devices based on the combination of Infra-Red (IR) and Artificial Intelligence (AI) technologies.