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SQI Diagnostics (SQI Diagnostics) Operating Margin % : -543.55% (As of Mar. 2023)


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What is SQI Diagnostics Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. SQI Diagnostics's Operating Income for the three months ended in Mar. 2023 was $-1.01 Mil. SQI Diagnostics's Revenue for the three months ended in Mar. 2023 was $0.19 Mil. Therefore, SQI Diagnostics's Operating Margin % for the quarter that ended in Mar. 2023 was -543.55%.

The historical rank and industry rank for SQI Diagnostics's Operating Margin % or its related term are showing as below:


SQIDF's Operating Margin % is not ranked *
in the Medical Diagnostics & Research industry.
Industry Median: -6.08
* Ranked among companies with meaningful Operating Margin % only.

SQI Diagnostics's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

SQI Diagnostics's Operating Income for the three months ended in Mar. 2023 was $-1.01 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2023 was $-9.27 Mil.


SQI Diagnostics Operating Margin % Historical Data

The historical data trend for SQI Diagnostics's Operating 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.

SQI Diagnostics Operating Margin % Chart

SQI Diagnostics Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -513.87 -389.50 -771.67 -1,094.34 -170.97

SQI Diagnostics Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Operating 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 -42.04 -338.72 -332.85 -770.16 -543.55

Competitive Comparison of SQI Diagnostics's Operating Margin %

For the Diagnostics & Research subindustry, SQI Diagnostics's Operating Margin %, along with its competitors' market caps and Operating 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.


SQI Diagnostics's Operating Margin % Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, SQI Diagnostics's Operating Margin % distribution charts can be found below:

* The bar in red indicates where SQI Diagnostics's Operating Margin % falls into.



SQI Diagnostics Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

SQI Diagnostics's Operating Margin % for the fiscal year that ended in Sep. 2022 is calculated as

Operating Margin %=Operating Income (A: Sep. 2022 ) / Revenue (A: Sep. 2022 )
=-10.385 / 6.074
=-170.97 %

SQI Diagnostics's Operating Margin % for the quarter that ended in Mar. 2023 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=-1.011 / 0.186
=-543.55 %

* 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.


SQI Diagnostics  (OTCPK:SQIDF) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


SQI Diagnostics Operating Margin % Related Terms

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SQI Diagnostics (SQI Diagnostics) Business Description

Traded in Other Exchanges
N/A
Address
36 Meteor Drive, Toronto, ON, CAN, M9W 1A4
SQI Diagnostics Inc is the leader in the field of lung health. The company develops and manufactures respiratory health and precision medicine tests that run on SQI's automated systems. The company is developing tests to simplify and improve COVID-19 antibody monitoring, rapid acute lung injury testing, donor organ transplant informatics, and immunological protein and antibody testing. Its geographical segments are the United States, Canada, and Europe. Canada accounts for more than half of its revenues.