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Coro Energy (LSE:CORO) Net Margin % : -1,976.09% (As of Jun. 2023)


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What is Coro Energy Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Coro Energy's Net Income for the six months ended in Jun. 2023 was £-1.82 Mil. Coro Energy's Revenue for the six months ended in Jun. 2023 was £0.09 Mil. Therefore, Coro Energy's net margin for the quarter that ended in Jun. 2023 was -1,976.09%.

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

LSE:CORO' s Net Margin % Range Over the Past 10 Years
Min: -10709.52   Med: -505.95   Max: -4.89
Current: -2868.66


LSE:CORO's Net Margin % is ranked worse than
97.75% of 978 companies
in the Oil & Gas industry
Industry Median: 3.85 vs LSE:CORO: -2868.66

Coro Energy Net Margin % Historical Data

The historical data trend for Coro Energy'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.

Coro Energy Net Margin % Chart

Coro Energy Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -554.59 - - - -10,709.52

Coro Energy Semi-Annual Data
Dec13 Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 Premium Member Only Premium Member Only -1,217.55 1,813.13 - -4,823.81 -1,976.09

Competitive Comparison of Coro Energy's Net Margin %

For the Oil & Gas E&P subindustry, Coro Energy'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.


Coro Energy's Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Coro Energy's Net Margin % distribution charts can be found below:

* The bar in red indicates where Coro Energy's Net Margin % falls into.



Coro Energy 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.

Coro Energy'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 )
=-4.498/0.042
=-10,709.52 %

Coro Energy's Net Margin for the quarter that ended in Jun. 2023 is calculated as

Net Margin=Net Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=-1.818/0.092
=-1,976.09 %

* 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.


Coro Energy  (LSE:CORO) 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.


Coro Energy Net Margin % Related Terms

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Coro Energy (LSE:CORO) Business Description

Traded in Other Exchanges
N/A
Address
1 Park Row, c/o Pinsent Masons LLP, Leeds, GBR, LS1 5AB
Coro Energy PLC is an oil and gas exploration company focused on delivering long-term production of natural gas. The company has two business units namely Exploration and Development and Production. It generates maximum revenue from the Development and Production segment. The company has four gas fields, namely Sillaro, Bezzecca, Rapagnano, and Casa Tiberi.

Coro Energy (LSE:CORO) Headlines

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