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Nova Leap Health (TSXV:NLH) Net Margin % : 7.35% (As of Mar. 2024)


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What is Nova Leap Health Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Nova Leap Health's Net Income for the three months ended in Mar. 2024 was C$0.64 Mil. Nova Leap Health's Revenue for the three months ended in Mar. 2024 was C$8.70 Mil. Therefore, Nova Leap Health's net margin for the quarter that ended in Mar. 2024 was 7.35%.

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

TSXV:NLH' s Net Margin % Range Over the Past 10 Years
Min: -1233.96   Med: -6.07   Max: 8.28
Current: 3.44


TSXV:NLH's Net Margin % is ranked better than
59.2% of 652 companies
in the Healthcare Providers & Services industry
Industry Median: 1.64 vs TSXV:NLH: 3.44

Nova Leap Health Net Margin % Historical Data

The historical data trend for Nova Leap Health'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.

Nova Leap Health Net Margin % Chart

Nova Leap Health Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
Get a 7-Day Free Trial -9.27 -6.07 7.26 8.28 -2.96

Nova Leap Health Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 -14.31 -4.64 -2.75 5.80 7.35

Competitive Comparison of Nova Leap Health's Net Margin %

For the Medical Care Facilities subindustry, Nova Leap Health'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.


Nova Leap Health's Net Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Nova Leap Health's Net Margin % distribution charts can be found below:

* The bar in red indicates where Nova Leap Health's Net Margin % falls into.



Nova Leap Health 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.

Nova Leap Health'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 )
=-1.136/38.316
=-2.96 %

Nova Leap Health's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=0.64/8.704
=7.35 %

* 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.


Nova Leap Health  (TSXV:NLH) 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.


Nova Leap Health Net Margin % Related Terms

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Nova Leap Health (TSXV:NLH) Business Description

Traded in Other Exchanges
Address
7071 Bayers Road, Suite 3006, Halifax, NS, CAN, B3L 2C2
Nova Leap Health Corp operates in the healthcare industry. The company is a provider of personal home care and support services. The principal business activities of the company and its subsidiaries are to provide skilled and non-medical home care to clients. Its service offering includes meal preparation, housekeeping, transportation, personal care, and medication reminders. Its segments comprise Canadian and U.S operations. The company derives a majority of its revenue from the United States.
Executives
Christopher Donald Dobbin Director, Senior Officer

Nova Leap Health (TSXV:NLH) Headlines

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