GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Modern Plant Based Foods Inc (XCNQ:MEAT) » Definitions » Net Margin %

Modern Plant Based Foods (XCNQ:MEAT) Net Margin % : -78.65% (As of Nov. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Modern Plant Based Foods Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Modern Plant Based Foods's Net Income for the three months ended in Nov. 2023 was C$-0.14 Mil. Modern Plant Based Foods's Revenue for the three months ended in Nov. 2023 was C$0.18 Mil. Therefore, Modern Plant Based Foods's net margin for the quarter that ended in Nov. 2023 was -78.65%.

The historical rank and industry rank for Modern Plant Based Foods's Net Margin % or its related term are showing as below:

XCNQ:MEAT' s Net Margin % Range Over the Past 10 Years
Min: -6289.02   Med: -902.89   Max: -272.56
Current: -862.96


XCNQ:MEAT's Net Margin % is ranked worse than
98.49% of 1857 companies
in the Consumer Packaged Goods industry
Industry Median: 3.2 vs XCNQ:MEAT: -862.96

Modern Plant Based Foods Net Margin % Historical Data

The historical data trend for Modern Plant Based Foods'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.

Modern Plant Based Foods Net Margin % Chart

Modern Plant Based Foods Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Aug20 Aug21 Aug22 Aug23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -6,289.02 -272.56 -702.18 -1,103.60

Modern Plant Based Foods Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 -1,009.25 -231.22 -117.24 -4,587.50 -78.65

Competitive Comparison of Modern Plant Based Foods's Net Margin %

For the Packaged Foods subindustry, Modern Plant Based Foods'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.


Modern Plant Based Foods's Net Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Modern Plant Based Foods's Net Margin % distribution charts can be found below:

* The bar in red indicates where Modern Plant Based Foods's Net Margin % falls into.



Modern Plant Based Foods 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.

Modern Plant Based Foods's Net Margin for the fiscal year that ended in Aug. 2023 is calculated as

Net Margin=Net Income (A: Aug. 2023 )/Revenue (A: Aug. 2023 )
=-8.288/0.751
=-1,103.60 %

Modern Plant Based Foods's Net Margin for the quarter that ended in Nov. 2023 is calculated as

Net Margin=Net Income (Q: Nov. 2023 )/Revenue (Q: Nov. 2023 )
=-0.14/0.178
=-78.65 %

* 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.


Modern Plant Based Foods  (XCNQ:MEAT) 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.


Modern Plant Based Foods Net Margin % Related Terms

Thank you for viewing the detailed overview of Modern Plant Based Foods's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Modern Plant Based Foods (XCNQ:MEAT) Business Description

Traded in Other Exchanges
Address
700 West Georgia Street, Suite 2500, Vancouver, BC, CAN, V7Y 1B3
Modern Plant Based Foods Inc is a Canadian food company based in Vancouver, British Columbia that offers a portfolio of plant-based products including meat alternatives, dairy-free cheeses, homemade style soups and vegan snacks. The company understands the importance of providing nutritious and sustainable alternatives without sacrificing taste. All products are made free of soy, gluten, nuts and GMOs. Modern Plant-Based Foods' objective is to change the way food is produced and consumed for the benefit of people, animals and the environment by using natural plant-based ingredients. The products are available for purchase at various retail locations and on e-commerce platforms.

Modern Plant Based Foods (XCNQ:MEAT) Headlines

No Headlines