Innerscope Hearing Technologies (Innerscope Hearing Technologies) Net Margin % : -3,386.36% (As of Dec. 2020)

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What is Innerscope Hearing Technologies Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Innerscope Hearing Technologies's Net Income for the three months ended in Dec. 2020 was $-0.75 Mil. Innerscope Hearing Technologies's Revenue for the three months ended in Dec. 2020 was $0.02 Mil. Therefore, Innerscope Hearing Technologies's net margin for the quarter that ended in Dec. 2020 was -3,386.36%.

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

INND's Net Margin % is not ranked ^*
in the Medical Devices & Instruments industry.
Industry Median: -1.675
* Ranked among companies with meaningful Net Margin % only.

Innerscope Hearing Technologies Net Margin % Historical Data

The historical data trend for Innerscope Hearing Technologies'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.

Innerscope Hearing Technologies Net Margin % Chart

Innerscope Hearing Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Net Margin %

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3.69

-406.16

-1,410.77

-935.54

-2,984.34

Innerscope Hearing Technologies Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Net Margin %	Get a 7-Day Free Trial															-1,549.47	-7,655.56	15,268.75	-959.57	-3,386.36

Competitive Comparison of Innerscope Hearing Technologies's Net Margin %

For the Medical Instruments & Supplies subindustry, Innerscope Hearing Technologies'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.

Innerscope Hearing Technologies's Net Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Innerscope Hearing Technologies's Net Margin % distribution charts can be found below:

* The bar in red indicates where Innerscope Hearing Technologies's Net Margin % falls into.

Innerscope Hearing Technologies 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.

Innerscope Hearing Technologies's Net Margin for the fiscal year that ended in Dec. 2020 is calculated as

Net Margin	=	Net Income (A: Dec. 2020 )	/	Revenue (A: Dec. 2020 )
	=	-4.954	/	0.166
	=	-2,984.34 %

Innerscope Hearing Technologies's Net Margin for the quarter that ended in Dec. 2020 is calculated as

Net Margin	=	Net Income (Q: Dec. 2020 )	/	Revenue (Q: Dec. 2020 )
	=	-0.745	/	0.022
	=	-3,386.36 %

Innerscope Hearing Technologies (OTCPK:INND) 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.

Innerscope Hearing Technologies Net Margin % Related Terms

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Innerscope Hearing Technologies (Innerscope Hearing Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Innerscope Hearing Technologies Inc (OTCPK:INND) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2151 Professional Drive, Second Floor, Roseville, CA, USA, 95661

Website

https://www.innd.com

Innerscope Hearing Technologies Inc is a manufacturer and a DTC distributor/retailer of FDA-registered hearing aids, personal sound amplifier products, hearing-related treatment therapies, doctor-formulated dietary hearing supplements, and proprietary CDB oil for treating tinnitus. It also owns and operates audiological and retail hearing device clinics and plans to continue to open and acquire additional clinics. The company operates retail hearing device clinics in California.