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Silo Wellness (XCNQ:SILO) Net Margin % : -304.21% (As of Jul. 2023)


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What is Silo Wellness Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Silo Wellness's Net Income for the three months ended in Jul. 2023 was C$-0.29 Mil. Silo Wellness's Revenue for the three months ended in Jul. 2023 was C$0.10 Mil. Therefore, Silo Wellness's net margin for the quarter that ended in Jul. 2023 was -304.21%.

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

XCNQ:SILO' s Net Margin % Range Over the Past 10 Years
Min: -22900   Med: -5181.21   Max: 174.46
Current: 174.46


XCNQ:SILO's Net Margin % is not ranked
in the Drug Manufacturers industry.
Industry Median: 3.53 vs XCNQ:SILO: 174.46

Silo Wellness Net Margin % Historical Data

The historical data trend for Silo Wellness'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.

Silo Wellness Net Margin % Chart

Silo Wellness Annual Data
Trend Oct20 Oct21 Oct22
Net Margin %
-22,900.00 -5,181.21 -1,729.57

Silo Wellness Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
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 -2,018.18 -2,776.92 -387.88 3,814.95 -304.21

Competitive Comparison of Silo Wellness's Net Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Silo Wellness'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.


Silo Wellness's Net Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Silo Wellness's Net Margin % distribution charts can be found below:

* The bar in red indicates where Silo Wellness's Net Margin % falls into.



Silo Wellness 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.

Silo Wellness's Net Margin for the fiscal year that ended in Oct. 2022 is calculated as

Net Margin=Net Income (A: Oct. 2022 )/Revenue (A: Oct. 2022 )
=-7.956/0.46
=-1,729.57 %

Silo Wellness's Net Margin for the quarter that ended in Jul. 2023 is calculated as

Net Margin=Net Income (Q: Jul. 2023 )/Revenue (Q: Jul. 2023 )
=-0.289/0.095
=-304.21 %

* 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.


Silo Wellness  (XCNQ:SILO) 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.


Silo Wellness Net Margin % Related Terms

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Silo Wellness (XCNQ:SILO) Business Description

Traded in Other Exchanges
N/A
Address
200 Consumers Road, Suite 702, Toronto, ON, CAN, M2J 4R4
Silo Wellness Inc operates psychedelic clinics and develops legal functional mushroom consumer products. It is focused on health and wellness by developing and introducing psychedelic medicine to reduce trauma and increase performance by destigmatizing the active compounds in psychedelics and innovating ease of administration and ingestion.
Executives
Michael Hartman Director