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MustGrow Biologics (TSXV:MGRO) Net Margin % : 72.81% (As of Dec. 2023)


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What is MustGrow Biologics Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. MustGrow Biologics's Net Income for the three months ended in Dec. 2023 was C$3.43 Mil. MustGrow Biologics's Revenue for the three months ended in Dec. 2023 was C$4.71 Mil. Therefore, MustGrow Biologics's net margin for the quarter that ended in Dec. 2023 was 72.81%.

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

TSXV:MGRO' s Net Margin % Range Over the Past 10 Years
Min: -94650   Med: -23569.23   Max: 11.14
Current: 11.14


TSXV:MGRO's Net Margin % is ranked better than
80.83% of 240 companies
in the Agriculture industry
Industry Median: 3.3 vs TSXV:MGRO: 11.14

MustGrow Biologics Net Margin % Historical Data

The historical data trend for MustGrow Biologics'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.

MustGrow Biologics Net Margin % Chart

MustGrow Biologics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial - - -23,569.23 -92,766.67 -14.37

MustGrow Biologics Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 -213,300.00 - - - 72.81

Competitive Comparison of MustGrow Biologics's Net Margin %

For the Agricultural Inputs subindustry, MustGrow Biologics'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.


MustGrow Biologics's Net Margin % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, MustGrow Biologics's Net Margin % distribution charts can be found below:

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



MustGrow Biologics 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.

MustGrow Biologics'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 )
=-0.677/4.712
=-14.37 %

MustGrow Biologics'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 )
=3.431/4.712
=72.81 %

* 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.


MustGrow Biologics  (TSXV:MGRO) 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.


MustGrow Biologics Net Margin % Related Terms

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MustGrow Biologics (TSXV:MGRO) Business Description

Traded in Other Exchanges
Address
1005 - 201 1st Avenue South, Saskatoon, SK, CAN, S7K 1J5
MustGrow Biologics Corp is a company engaged in the development of natural biopesticide products from mustard seed. It is focused on the development and commercialization of non-synthetic AITC (Allyl Isothiocyanate) from mustard seed for use as a natural biofumigant for the control of nematodes, soil-borne diseases, and other soil pests.

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