Grab2Go AS (OTSE:GRB2G) Net Margin % : 0.00% (As of Jun. 2023)

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What is Grab2Go AS Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Grab2Go AS's Net Income for the six months ended in Jun. 2023 was €-0.22 Mil. Grab2Go AS's Revenue for the six months ended in Jun. 2023 was €0.00 Mil. Therefore, Grab2Go AS's net margin for the quarter that ended in Jun. 2023 was 0.00%.

The historical rank and industry rank for Grab2Go AS's Net Margin % or its related term are showing as below:

OTSE:GRB2G' s Net Margin % Range Over the Past 10 Years
Min: -5500 Med: -4688.89 Max: -4688.89
Current: -5500

OTSE:GRB2G's Net Margin % is ranked worse than
99.7% of 2975 companies
in the Industrial Products industry
Industry Median: 5.21 vs OTSE:GRB2G: -5500.00

Grab2Go AS Net Margin % Historical Data

The historical data trend for Grab2Go AS'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.

Grab2Go AS Net Margin % Chart

Grab2Go AS Annual Data

Trend

Dec21

Dec22

Net Margin %

-4,688.89

Grab2Go AS Semi-Annual Data
	Jun22	Dec22	Jun23
Net Margin %	-	-3,111.11	-

Competitive Comparison of Grab2Go AS's Net Margin %

For the Business Equipment & Supplies subindustry, Grab2Go AS'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.

Grab2Go AS's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Grab2Go AS's Net Margin % distribution charts can be found below:

* The bar in red indicates where Grab2Go AS's Net Margin % falls into.

Grab2Go AS 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.

Grab2Go AS'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 )
	=	-0.422	/	0.009
	=	-4,688.89 %

Grab2Go AS'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 )
	=	-0.215	/	0
	=	%

Grab2Go AS (OTSE:GRB2G) 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.

Grab2Go AS Net Margin % Related Terms

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Grab2Go AS (OTSE:GRB2G) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Grab2Go AS (OTSE:GRB2G) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Veskiposti tn 2-1002, Harju maakond, Tallinn, EST, 10138

Website

https://www.grab2go.eu

Grab2Go AS develops and manufactures autonomous, unmanned and robotic convenience store and pharmacy technology. Its technology and solutions make it possible to achieve a significant increase in efficiency, resource savings and a better consumer experience in the operation of convenience stores, pharmacies and other similar points of sale. The company has developed a completely unique Cloud Platform to remotely manage and operate Its Autonomous Stores in Real-Time. Grab2Go earns revenue from the sale of hardware solutions (machines) (one-time revenue), maintenance of hardware solutions (machines) (periodic payments), licensing of software solutions (periodic payments) and software development.

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