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Newlox Gold Ventures (XCNQ:LUX) Net Margin % : -229.66% (As of Dec. 2023)


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What is Newlox Gold Ventures Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Newlox Gold Ventures's Net Income for the three months ended in Dec. 2023 was C$-1.21 Mil. Newlox Gold Ventures's Revenue for the three months ended in Dec. 2023 was C$0.53 Mil. Therefore, Newlox Gold Ventures's net margin for the quarter that ended in Dec. 2023 was -229.66%.

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

XCNQ:LUX' s Net Margin % Range Over the Past 10 Years
Min: -1422.63   Med: -139.89   Max: -65.41
Current: -86.8


XCNQ:LUX's Net Margin % is ranked worse than
90.52% of 232 companies
in the Waste Management industry
Industry Median: 4.095 vs XCNQ:LUX: -86.80

Newlox Gold Ventures Net Margin % Historical Data

The historical data trend for Newlox Gold Ventures'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.

Newlox Gold Ventures Net Margin % Chart

Newlox Gold Ventures Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -183.57 -1,422.63 -96.21 -65.41

Newlox Gold Ventures Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 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 0.74 -132.96 12.81 -80.24 -229.66

Competitive Comparison of Newlox Gold Ventures's Net Margin %

For the Waste Management subindustry, Newlox Gold Ventures'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.


Newlox Gold Ventures's Net Margin % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Newlox Gold Ventures's Net Margin % distribution charts can be found below:

* The bar in red indicates where Newlox Gold Ventures's Net Margin % falls into.



Newlox Gold Ventures 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.

Newlox Gold Ventures's Net Margin for the fiscal year that ended in Mar. 2023 is calculated as

Net Margin=Net Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=-2.271/3.472
=-65.41 %

Newlox Gold Ventures'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 )
=-1.208/0.526
=-229.66 %

* 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.


Newlox Gold Ventures  (XCNQ:LUX) 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.


Newlox Gold Ventures Net Margin % Related Terms

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Newlox Gold Ventures (XCNQ:LUX) Business Description

Traded in Other Exchanges
Address
355 Burrard Street, 10th Floor, Vancouver, BC, CAN, V6C 2G8
Newlox Gold Ventures Corp is a Canada based environmental reclamation and mineral recovery company and is in the business of undertaking projects for the purpose of operating tailings remediation and fold recovery in Costa Rica.

Newlox Gold Ventures (XCNQ:LUX) Headlines