Net margin is calculated as Net Income divided by its Revenue. Mobile Global Esports's Net Income for the
three
months ended in Dec. 2023 was $-3.23 Mil. Mobile Global Esports's Revenue for the
three
months ended in Dec. 2023 was $0.01 Mil. Therefore, Mobile Global Esports's net margin for the quarter that ended in Dec. 2023 was -64,540.00%.
The historical rank and industry rank for Mobile Global Esports's Net Margin % or its related term are showing as below:
MGAM'
s Net Margin % Range Over the Past 10 Years
Min: -135460 Med: -135460 Max: -135440
Current: -135440
MGAM's Net Margin % is ranked worse than 99.83% of 583
companies
in the Interactive Media industry
Industry Median: -1.5
vs MGAM: -135440.00
Mobile Global Esports Net Margin % Historical Data
The historical data trend for Mobile Global Esports'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.
For the Electronic Gaming & Multimedia subindustry, Mobile Global Esports'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.
Mobile Global Esports Net Margin % Distribution
For the Interactive Media industry and Communication Services sector, Mobile Global Esports's Net Margin % distribution charts can be found below:
* The bar in red indicates where Mobile Global Esports's Net Margin % falls into.
Mobile Global Esports 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.
Mobile Global Esports's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Mobile Global Esports (OTCPK:MGAM) 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.
Mobile Global Esports Net Margin % Related Terms
Thank you for viewing the detailed overview of Mobile Global Esports's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Mobile Global Esports (Mobile Global Esports) Business Description
Mobile Global Esports Inc develops and commercializes international esports, beginning with university esports events in India. It is launching an esports (electronic sports) platform initially focused on esports competitions played on mobile devices by university teams and players representing universities located in India and elsewhere in South Asia.
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