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Icarus Capital (TSXV:ICRS) Net Margin % : -24.68% (As of Dec. 2023)


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What is Icarus Capital Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Icarus Capital's Net Income for the three months ended in Dec. 2023 was C$-0.10 Mil. Icarus Capital's Revenue for the three months ended in Dec. 2023 was C$0.39 Mil. Therefore, Icarus Capital's net margin for the quarter that ended in Dec. 2023 was -24.68%.

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

TSXV:ICRS' s Net Margin % Range Over the Past 10 Years
Min: -49.62   Med: -49.62   Max: -49.62
Current: -49.62


TSXV:ICRS's Net Margin % is ranked worse than
74.34% of 113 companies
in the Diversified Financial Services industry
Industry Median: 4.5 vs TSXV:ICRS: -49.62

Icarus Capital Net Margin % Historical Data

The historical data trend for Icarus 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.

Icarus Capital Net Margin % Chart

Icarus Capital Annual Data
Trend Dec21 Dec22 Dec23
Net Margin %
- - -49.62

Icarus Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -24.68

Competitive Comparison of Icarus Capital's Net Margin %

For the Shell Companies subindustry, Icarus 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.


Icarus Capital's Net Margin % Distribution in the Diversified Financial Services Industry

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

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



Icarus 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.

Icarus 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 )
=-0.195/0.393
=-49.62 %

Icarus 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 )
=-0.097/0.393
=-24.68 %

* 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.


Icarus Capital  (TSXV:ICRS) 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.


Icarus Capital Net Margin % Related Terms

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Icarus Capital (TSXV:ICRS) Business Description

Traded in Other Exchanges
N/A
Address
No. 120 No. 2 Road, Suite 186, Richmond, BC, CAN, V7C 5J8
Website
Icarus Capital Corp is a capital pool company.

Icarus Capital (TSXV:ICRS) Headlines

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