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Global Health Clinics (XCNQ:MJRX) Net Margin % : -1,228.57% (As of Jan. 2024)


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What is Global Health Clinics Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Global Health Clinics's Net Income for the three months ended in Jan. 2024 was C$-0.26 Mil. Global Health Clinics's Revenue for the three months ended in Jan. 2024 was C$0.02 Mil. Therefore, Global Health Clinics's net margin for the quarter that ended in Jan. 2024 was -1,228.57%.

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

XCNQ:MJRX' s Net Margin % Range Over the Past 10 Years
Min: -3768.44   Med: -1577.67   Max: -484.09
Current: -1434.83


XCNQ:MJRX's Net Margin % is ranked worse than
96.07% of 1019 companies
in the Drug Manufacturers industry
Industry Median: 3.53 vs XCNQ:MJRX: -1434.83

Global Health Clinics Net Margin % Historical Data

The historical data trend for Global Health Clinics'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.

Global Health Clinics Net Margin % Chart

Global Health Clinics Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3,340.98 -484.09 -3,768.44 -931.29 -1,577.67

Global Health Clinics Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -874.07 -2,000.00 -1,304.35 -1,138.10 -1,228.57

Competitive Comparison of Global Health Clinics's Net Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Global Health Clinics'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.


Global Health Clinics's Net Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Global Health Clinics's Net Margin % distribution charts can be found below:

* The bar in red indicates where Global Health Clinics's Net Margin % falls into.



Global Health Clinics 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.

Global Health Clinics's Net Margin for the fiscal year that ended in Jul. 2023 is calculated as

Net Margin=Net Income (A: Jul. 2023 )/Revenue (A: Jul. 2023 )
=-1.625/0.103
=-1,577.67 %

Global Health Clinics's Net Margin for the quarter that ended in Jan. 2024 is calculated as

Net Margin=Net Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=-0.258/0.021
=-1,228.57 %

* 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.


Global Health Clinics  (XCNQ:MJRX) 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.


Global Health Clinics Net Margin % Related Terms

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Global Health Clinics (XCNQ:MJRX) Business Description

Traded in Other Exchanges
Address
837 West Hastings Street, Suite 400, Vancouver, BC, CAN, V6C 3N6
Global Health Clinics Ltd engages in the cannabis industry and operates medical clinics which guide patients through the process of becoming legal users of marijuana and also engages in developing psilocybin products for research and their potential usage for pharmaceutical purposes. The Company operates in two operating segments the operating of medical clinics to guide patients to become legal users of marijuana and the development of psilocybin products for research and potential usage for pharmaceutical purposes. The Company derives its key revenue from Medical Clinics for legal user of Marijuana.

Global Health Clinics (XCNQ:MJRX) Headlines

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