Vortex Energy (XCNQ:VRTX) Net Margin % : 0.00% (As of Dec. 2023)

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What is Vortex Energy Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Vortex Energy's Net Income for the three months ended in Dec. 2023 was C$-2.22 Mil. Vortex Energy's Revenue for the three months ended in Dec. 2023 was C$0.00 Mil. Therefore, Vortex Energy's net margin for the quarter that ended in Dec. 2023 was 0.00%.

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

XCNQ:VRTX's Net Margin % is not ranked ^*
in the Metals & Mining industry.
Industry Median: -0.08
* Ranked among companies with meaningful Net Margin % only.

Vortex Energy Net Margin % Historical Data

The historical data trend for Vortex Energy'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.

Vortex Energy Net Margin % Chart

Vortex Energy Annual Data

Trend

Jun22

Jun23

Net Margin %

Vortex Energy Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Vortex Energy's Net Margin %

For the Other Industrial Metals & Mining subindustry, Vortex Energy'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.

Vortex Energy's Net Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Vortex Energy's Net Margin % distribution charts can be found below:

* The bar in red indicates where Vortex Energy's Net Margin % falls into.

Vortex Energy 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.

Vortex Energy's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin	=	Net Income (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	-3.354	/	0
	=	%

Vortex Energy'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 )
	=	-2.219	/	0
	=	%

Vortex Energy (XCNQ:VRTX) 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.

Vortex Energy Net Margin % Related Terms

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Vortex Energy (XCNQ:VRTX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vortex Energy Corp (XCNQ:VRTX) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

VTECF:USA AA3:Germany

Address

1177 West Hastings Street, Suite 1930, Vancouver, BC, CAN, V6E 4T5

Website

Vortex Energy Corp is engaged in the acquisition, exploration, staking, and evaluation of the green energy and/or mineral exploration sector. natural resource properties in North America.

Executives