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MustGrow Biologics (TSXV:MGRO) Operating Margin % : 73.60% (As of Dec. 2023)


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What is MustGrow Biologics Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. MustGrow Biologics's Operating Income for the three months ended in Dec. 2023 was C$3.47 Mil. MustGrow Biologics's Revenue for the three months ended in Dec. 2023 was C$4.71 Mil. Therefore, MustGrow Biologics's Operating Margin % for the quarter that ended in Dec. 2023 was 73.60%.

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

TSXV:MGRO' s Operating Margin % Range Over the Past 10 Years
Min: -94750   Med: -23176.92   Max: 9.34
Current: 9.34


TSXV:MGRO's Operating Margin % is ranked better than
64.02% of 239 companies
in the Agriculture industry
Industry Median: 5.45 vs TSXV:MGRO: 9.34

MustGrow Biologics's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

MustGrow Biologics's Operating Income for the three months ended in Dec. 2023 was C$3.47 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was C$0.44 Mil.


MustGrow Biologics Operating Margin % Historical Data

The historical data trend for MustGrow Biologics's Operating 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 Operating Margin % Chart

MustGrow Biologics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial - - -23,176.92 -94,750.00 -17.08

MustGrow Biologics Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
Operating 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 -220,700.00 - - - 73.60

Competitive Comparison of MustGrow Biologics's Operating Margin %

For the Agricultural Inputs subindustry, MustGrow Biologics's Operating Margin %, along with its competitors' market caps and Operating 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 Operating Margin % Distribution in the Agriculture Industry

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

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



MustGrow Biologics Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

MustGrow Biologics's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=-0.805 / 4.712
=-17.08 %

MustGrow Biologics's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=3.468 / 4.712
=73.60 %

* 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) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


MustGrow Biologics Operating 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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