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Delta 9 Cannabis (Delta 9 Cannabis) Net Margin % : -35.65% (As of Dec. 2023)


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What is Delta 9 Cannabis Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Delta 9 Cannabis's Net Income for the three months ended in Dec. 2023 was $-4.64 Mil. Delta 9 Cannabis's Revenue for the three months ended in Dec. 2023 was $13.03 Mil. Therefore, Delta 9 Cannabis's net margin for the quarter that ended in Dec. 2023 was -35.65%.

The historical rank and industry rank for Delta 9 Cannabis's Net Margin % or its related term are showing as below:

DLTNF' s Net Margin % Range Over the Past 10 Years
Min: -112.12   Med: -21.3   Max: 34.32
Current: -24.65


DLTNF's Net Margin % is ranked worse than
74.58% of 1019 companies
in the Drug Manufacturers industry
Industry Median: 3.53 vs DLTNF: -24.65

Delta 9 Cannabis Net Margin % Historical Data

The historical data trend for Delta 9 Cannabis'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.

Delta 9 Cannabis Net Margin % Chart

Delta 9 Cannabis Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.32 -12.33 -17.94 -43.02 -24.65

Delta 9 Cannabis 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 -61.60 -17.67 -15.47 -29.70 -35.65

Competitive Comparison of Delta 9 Cannabis's Net Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Delta 9 Cannabis'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.


Delta 9 Cannabis's Net Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Delta 9 Cannabis's Net Margin % distribution charts can be found below:

* The bar in red indicates where Delta 9 Cannabis's Net Margin % falls into.



Delta 9 Cannabis 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.

Delta 9 Cannabis's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-13.055/52.97
=-24.65 %

Delta 9 Cannabis'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 )
=-4.644/13.025
=-35.65 %

* 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.


Delta 9 Cannabis  (OTCPK:DLTNF) 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.


Delta 9 Cannabis Net Margin % Related Terms

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Delta 9 Cannabis (Delta 9 Cannabis) Business Description

Traded in Other Exchanges
Address
Osborne Village, P.O. Box 68096, Winnipeg, MB, CAN, R3L 2V9
Delta 9 Cannabis Inc is a cannabis company. It sells cannabis products through its wholesale and retail sales channels and sells its cannabis grow pods to other businesses. The company's subsidiary, Delta 9 Bio-Tech Inc, is a licensed producer of medical and recreational cannabis and operates an 80,000-square-foot production facility in Winnipeg, Manitoba, Canada. The company owns and operates a chain of retail stores under the Delta 9 Cannabis store brand.

Delta 9 Cannabis (Delta 9 Cannabis) Headlines

From GuruFocus

Delta 9 Closes sale of Calgary facility to Westleaf

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Delta 9 Reports Financials for Q3 2022

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Delta 9 Reports Record Revenue for Year End 2018

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Delta 9 Receives Extract Sales Authorization from Health Canada

By GlobeNewswire GlobeNewswire 12-07-2019

Delta 9 to Supply Cannabis to Province of British Columbia

By GlobeNewswire GlobeNewswire 10-04-2019