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Certive Solutions (Certive Solutions) Net Margin % : -202.29% (As of Nov. 2023)


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What is Certive Solutions Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Certive Solutions's Net Income for the three months ended in Nov. 2023 was $-0.53 Mil. Certive Solutions's Revenue for the three months ended in Nov. 2023 was $0.26 Mil. Therefore, Certive Solutions's net margin for the quarter that ended in Nov. 2023 was -202.29%.

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

CTVEF' s Net Margin % Range Over the Past 10 Years
Min: -451.05   Med: -131.45   Max: -59.93
Current: -126.93


CTVEF's Net Margin % is ranked worse than
90.05% of 653 companies
in the Healthcare Providers & Services industry
Industry Median: 1.62 vs CTVEF: -126.93

Certive Solutions Net Margin % Historical Data

The historical data trend for Certive Solutions'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.

Certive Solutions Net Margin % Chart

Certive Solutions Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -96.04 -142.25 -116.34 -218.65 -131.50

Certive Solutions Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 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 -140.24 -166.89 -36.67 -120.22 -202.29

Competitive Comparison of Certive Solutions's Net Margin %

For the Health Information Services subindustry, Certive Solutions'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.


Certive Solutions's Net Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Certive Solutions's Net Margin % distribution charts can be found below:

* The bar in red indicates where Certive Solutions's Net Margin % falls into.



Certive Solutions 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.

Certive Solutions's Net Margin for the fiscal year that ended in May. 2023 is calculated as

Net Margin=Net Income (A: May. 2023 )/Revenue (A: May. 2023 )
=-1.67/1.27
=-131.50 %

Certive Solutions'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 )
=-0.53/0.262
=-202.29 %

* 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.


Certive Solutions  (OTCPK:CTVEF) 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.


Certive Solutions Net Margin % Related Terms

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


Certive Solutions (Certive Solutions) Business Description

Traded in Other Exchanges
Address
8149 North 87th Place, Scottsdale, AZ, USA, 85258
Certive Solutions Inc is a service provider in the Revenue Cycle Management (RCM) segment of the United States healthcare industry. The company provides claims audit and recovery solutions. Along with its subsidiaries, the Titan and Omega divisions provide retrospective claim audits against payer contracts, identify underpayments, and rebill and collect revenues for hospital customers. Its lines of business include billing support, claim audit and recovery, consulting services and chargemaster/lost charge recovery. The Company currently provides services to hospital clients enhancing the efficiency and effectiveness of lost charge recovery services, in revenue-sharing relationships that improve hospital clients' net operating results.

Certive Solutions (Certive Solutions) Headlines

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