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NorthStar Gaming Holdings (TSXV:BET) Net Margin % : -115.87% (As of Dec. 2023)


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What is NorthStar Gaming Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. NorthStar Gaming Holdings's Net Income for the three months ended in Dec. 2023 was C$-7.48 Mil. NorthStar Gaming Holdings's Revenue for the three months ended in Dec. 2023 was C$6.45 Mil. Therefore, NorthStar Gaming Holdings's net margin for the quarter that ended in Dec. 2023 was -115.87%.

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

TSXV:BET' s Net Margin % Range Over the Past 10 Years
Min: -131.23   Med: -131.23   Max: -129.45
Current: -129.45


TSXV:BET's Net Margin % is ranked worse than
88.28% of 580 companies
in the Interactive Media industry
Industry Median: -1.66 vs TSXV:BET: -129.45

NorthStar Gaming Holdings Net Margin % Historical Data

The historical data trend for NorthStar Gaming Holdings'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.

NorthStar Gaming Holdings Net Margin % Chart

NorthStar Gaming Holdings Annual Data
Trend Jun22 Dec23
Net Margin %
- -131.23

NorthStar Gaming Holdings Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % - -238.73 -102.72 -89.53 -115.87

Competitive Comparison of NorthStar Gaming Holdings's Net Margin %

For the Electronic Gaming & Multimedia subindustry, NorthStar Gaming Holdings'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.


NorthStar Gaming Holdings's Net Margin % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, NorthStar Gaming Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where NorthStar Gaming Holdings's Net Margin % falls into.



NorthStar Gaming Holdings 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.

NorthStar Gaming Holdings'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 )
=-25.476/19.413
=-131.23 %

NorthStar Gaming Holdings'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 )
=-7.475/6.451
=-115.87 %

* 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.


NorthStar Gaming Holdings  (TSXV:BET) 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.


NorthStar Gaming Holdings Net Margin % Related Terms

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NorthStar Gaming Holdings (TSXV:BET) Business Description

Traded in Other Exchanges
Address
220 King Street West, Suite 200, Toronto, ON, CAN, M5V 3M2
NorthStar Gaming Holdings Inc owns and operates a casino and sportsbook gaming platform. This segment's gaming revenue is primarily generated from the proceeds from the Company's online casino and sportsbook.

NorthStar Gaming Holdings (TSXV:BET) Headlines

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