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Nitches (Nitches) Net Margin % : -35,380.00% (As of Feb. 2024)


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What is Nitches Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Nitches's Net Income for the three months ended in Feb. 2024 was $-1.77 Mil. Nitches's Revenue for the three months ended in Feb. 2024 was $0.01 Mil. Therefore, Nitches's net margin for the quarter that ended in Feb. 2024 was -35,380.00%.

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

NICH' s Net Margin % Range Over the Past 10 Years
Min: -83400   Med: -0.36   Max: 4.78
Current: -43733.33


NICH's Net Margin % is ranked worse than
99.81% of 1047 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.53 vs NICH: -43733.33

Nitches Net Margin % Historical Data

The historical data trend for Nitches'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.

Nitches Net Margin % Chart

Nitches Annual Data
Trend Aug00 Aug01 Aug02 Aug03 Aug04 Aug05 Aug06 Aug07 Aug22 Aug23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.56 0.85 -1.10 -83,400.00 -20,675.00

Nitches Quarterly Data
Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 Premium Member Only Premium Member Only Premium Member Only -8,300.00 -25,400.00 - - -35,380.00

Competitive Comparison of Nitches's Net Margin %

For the Apparel Manufacturing subindustry, Nitches'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.


Nitches's Net Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nitches's Net Margin % distribution charts can be found below:

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



Nitches 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.

Nitches's Net Margin for the fiscal year that ended in Aug. 2023 is calculated as

Net Margin=Net Income (A: Aug. 2023 )/Revenue (A: Aug. 2023 )
=-0.827/0.004
=-20,675.00 %

Nitches's Net Margin for the quarter that ended in Feb. 2024 is calculated as

Net Margin=Net Income (Q: Feb. 2024 )/Revenue (Q: Feb. 2024 )
=-1.769/0.005
=-35,380.00 %

* 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.


Nitches  (OTCPK:NICH) 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.


Nitches Net Margin % Related Terms

Thank you for viewing the detailed overview of Nitches's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Nitches (Nitches) Business Description

Traded in Other Exchanges
N/A
Address
1333 N Buffalo Drive, Unit 210, Las Vegas, NV, USA, 89128
Nitches Inc is focused on distribution and production of household, lifestyle, travel & leisure, and sports goods and clothing, with a long-term objective of bringing sustainable business practices to the supply chain for these products. The company is in the business of wholesale manufactured goods and white-labels them under the brand names of their Social Media Partners and also distributes them in an online department store, where its social media partners can sell their respective white labeled merchandise to their audience.
Executives
T. Jefferson Straub director C/O NITCHES, INC., 10280 CAMINO SANTA FE, SAN DIEGO CA 92121
Eitan X. Haber officer: COO & Senior VP C/O NITCHES, INC., 10280 CAMINO SANTA FE, SAN DIEGO CA 92121
Haresh Tharani 10 percent owner 1400 BROADWAY, 33RD FLOOR, NEW YORK NY 10018
Paul M Wyandt director, officer: President & COO 10445 ABALONE LANDING, SAN DIEGO CA 92130
Price Eugene B Ii director
Michael D Sholtis director 10280 CAMINO SANTA FE, SAN DIEGO CA 92121