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MJ Harvest (MJ Harvest) Net Margin % : -396.60% (As of Feb. 2023)


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What is MJ Harvest Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. MJ Harvest's Net Income for the three months ended in Feb. 2023 was $-1.52 Mil. MJ Harvest's Revenue for the three months ended in Feb. 2023 was $0.38 Mil. Therefore, MJ Harvest's net margin for the quarter that ended in Feb. 2023 was -396.60%.

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


MJHI's Net Margin % is not ranked *
in the Industrial Distribution industry.
Industry Median: 4.27
* Ranked among companies with meaningful Net Margin % only.

MJ Harvest Net Margin % Historical Data

The historical data trend for MJ Harvest'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.

MJ Harvest Net Margin % Chart

MJ Harvest Annual Data
Trend May19 May20 May21 May22
Net Margin %
-1,317.81 -1,510.77 -5,523.60 -1,662.43

MJ Harvest Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
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 -1,362.50 -4,472.00 -2,222.22 -1,159.68 -396.60

Competitive Comparison of MJ Harvest's Net Margin %

For the Industrial Distribution subindustry, MJ Harvest'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.


MJ Harvest's Net Margin % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, MJ Harvest's Net Margin % distribution charts can be found below:

* The bar in red indicates where MJ Harvest's Net Margin % falls into.



MJ Harvest 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.

MJ Harvest's Net Margin for the fiscal year that ended in May. 2022 is calculated as

Net Margin=Net Income (A: May. 2022 )/Revenue (A: May. 2022 )
=-2.876/0.173
=-1,662.43 %

MJ Harvest's Net Margin for the quarter that ended in Feb. 2023 is calculated as

Net Margin=Net Income (Q: Feb. 2023 )/Revenue (Q: Feb. 2023 )
=-1.515/0.382
=-396.60 %

* 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.


MJ Harvest  (OTCPK:MJHI) 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.


MJ Harvest Net Margin % Related Terms

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MJ Harvest (MJ Harvest) Business Description

Traded in Other Exchanges
N/A
Address
9205 West Russell Road, Suite 240, Las Vegas, NV, USA, 89139
MJ Harvest Inc cultivates, harvests, manufactures, and sells cannabis products. It also acquires and markets products and technologies that are designed to benefit growers and processors in the horticultural and agricultural industries.
Executives
David Tobias director PO BOX 1602, MESQUITE NV 89024
Jerry Cornwell director, 10 percent owner 14424 SE 78TH WAY, NEW CASTLE WA 98059
Brad E Herr officer: CFO 5413 S SAYBROOK LANE, SPOKANE WA 99223
Patrick Bilton director, 10 percent owner, officer: Chief Executive Officer 9205 W RUSSELL ROAD, SUITE 240, LAS VEGAS NV 89139