Wearable Health Solutions (Wearable Health Solutions) Net Margin % : 98.43% (As of Dec. 2023)

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What is Wearable Health Solutions Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Wearable Health Solutions's Net Income for the three months ended in Dec. 2023 was $0.13 Mil. Wearable Health Solutions's Revenue for the three months ended in Dec. 2023 was $0.13 Mil. Therefore, Wearable Health Solutions's net margin for the quarter that ended in Dec. 2023 was 98.43%.

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

WHSI' s Net Margin % Range Over the Past 10 Years
Min: -1247.51 Med: -76.53 Max: 72.1
Current: -159.33

WHSI's Net Margin % is ranked worse than
80.63% of 821 companies
in the Medical Devices & Instruments industry
Industry Median: -1.34 vs WHSI: -159.33

Wearable Health Solutions Net Margin % Historical Data

The historical data trend for Wearable Health Solutions'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.

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Wearable Health Solutions Net Margin % Chart

Wearable Health Solutions Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Net Margin %

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-92.86

-39.04

-237.66

-1,247.51

-320.54

Wearable Health Solutions 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															-272.73	-269.07	-421.90	13.38	98.43

Competitive Comparison of Wearable Health Solutions's Net Margin %

For the Medical Instruments & Supplies subindustry, Wearable Health Solutions'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.

Wearable Health Solutions's Net Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Wearable Health Solutions's Net Margin % distribution charts can be found below:

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

Wearable Health Solutions 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.

Wearable Health Solutions's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin	=	Net Income (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	-2.388	/	0.745
	=	-320.54 %

Wearable Health Solutions'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 )
	=	0.125	/	0.127
	=	98.43 %

Wearable Health Solutions (OTCPK:WHSI) 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.

Wearable Health Solutions Net Margin % Related Terms

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Wearable Health Solutions (Wearable Health Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Wearable Health Solutions Inc (OTCPK:WHSI) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2901 Pacific Coast Highway, Suite 200, Newport Beach, CA, USA, 92663

Website

https://www.wearablehealthsolutions.com

Wearable Health Solutions Inc is engaged in manufacturing medical alarm devices which are used to summon help in the event of an emergency. The company provides mobile health (mHealth) products and services to be used by customers in case of an emergency. As a provider of personal emergency devices, it provides wearable healthcare products, tracking services, and turn-key solutions that enable its users to be proactive with their health, as well as safe and protected.

Executives

Sandor Capital Master Fund, L.p.

10 percent owner

2828 ROUTH STREET, SUITE 500, DALLAS TX 75201