Mag Mile Capital (Mag Mile Capital) Net Margin % : -83.18% (As of Dec. 2023)

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What is Mag Mile Capital Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Mag Mile Capital's Net Income for the three months ended in Dec. 2023 was $-0.36 Mil. Mag Mile Capital's Revenue for the three months ended in Dec. 2023 was $0.43 Mil. Therefore, Mag Mile Capital's net margin for the quarter that ended in Dec. 2023 was -83.18%.

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

MMCP' s Net Margin % Range Over the Past 10 Years
Min: -162.32 Med: -162.32 Max: -157.73
Current: -157.73

MMCP's Net Margin % is not ranked
in the Banks industry.
Industry Median: 25.11 vs MMCP: -157.73

Mag Mile Capital Net Margin % Historical Data

The historical data trend for Mag Mile Capital'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.

Mag Mile Capital Net Margin % Chart

Mag Mile Capital Annual Data

Trend

Jul21

Jul22

Dec23

Net Margin %

-162.32

Mag Mile Capital Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Dec23
Net Margin %	Get a 7-Day Free Trial					-	-	-197.53	-	-83.18

Competitive Comparison of Mag Mile Capital's Net Margin %

For the Mortgage Finance subindustry, Mag Mile Capital'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.

Mag Mile Capital's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mag Mile Capital's Net Margin % distribution charts can be found below:

* The bar in red indicates where Mag Mile Capital's Net Margin % falls into.

Mag Mile Capital 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.

Mag Mile Capital'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 )
	=	-3.115	/	1.919
	=	-162.32 %

Mag Mile Capital's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-0.356	/	0.428
	=	-83.18 %

Mag Mile Capital (OTCPK:MMCP) 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.

Mag Mile Capital Net Margin % Related Terms

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Mag Mile Capital (Mag Mile Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mag Mile Capital Inc (OTCPK:MMCP) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

7950 W. Sunset Boulevard, Suite 629, Los Angeles, CA, USA, 90046

Website

https://www.magmilecapital.com

Mag Mile Capital Inc is a full-service commercial real estate mortgage banking firm. Mag Mile Capital is a national platform comprised of capital markets experience in real estate bridge financing, mezzanine, and permanent debt placement and equity arrangements throughout the full capital stack and across all major real estate asset classes, including hotels, multifamily, office, retail, industrial, healthcare, self-storage and special purpose properties, offering access to structured debt and equity advisory solutions and placement for real estate investors, developers, and entrepreneurs, It leverages a wide variety of lending relationships and equity capital connections as a leading national real estate mortgage intermediary.

Mag Mile Capital (Mag Mile Capital) Headlines

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