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ABXXF (Abaxx Technologies) Net Margin % : -2,410.25% (As of Sep. 2024)


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What is Abaxx Technologies Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Abaxx Technologies's Net Income for the three months ended in Sep. 2024 was $-6.82 Mil. Abaxx Technologies's Revenue for the three months ended in Sep. 2024 was $0.28 Mil. Therefore, Abaxx Technologies's net margin for the quarter that ended in Sep. 2024 was -2,410.25%.

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

ABXXF' s Net Margin % Range Over the Past 10 Years
Min: -5165.68   Med: -4458.8   Max: -4458.8
Current: -5165.68


ABXXF's Net Margin % is ranked worse than
98.7% of 2759 companies
in the Software industry
Industry Median: 2.45 vs ABXXF: -5165.68

Abaxx Technologies Net Margin % Historical Data

The historical data trend for Abaxx Technologies'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.

Abaxx Technologies Net Margin % Chart

Abaxx Technologies Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
- - - - -4,459.01

Abaxx Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - -1,970.93 -2,410.25

Competitive Comparison of Abaxx Technologies's Net Margin %

For the Software - Application subindustry, Abaxx Technologies'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.


Abaxx Technologies's Net Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Abaxx Technologies's Net Margin % distribution charts can be found below:

* The bar in red indicates where Abaxx Technologies's Net Margin % falls into.



Abaxx Technologies 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.

Abaxx Technologies's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-7.179/0.161
=-4,459.01 %

Abaxx Technologies's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-6.821/0.283
=-2,410.25 %

* 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.


Abaxx Technologies  (OTCPK:ABXXF) 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.


Abaxx Technologies Net Margin % Related Terms

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Abaxx Technologies Business Description

Traded in Other Exchanges
Address
110 Yonge Street, Suite 1601, Toronto, ON, CAN, M5C 1C4
Abaxx Technologies Inc is a technology company engaged in developing and deploying trust-enabling internet protocols. The company's initial focus is on launching Abaxx Commodity Futures Exchange and Clearinghouse, regulated by the Monetary Authority of Singapore, to support trading and risk management with physically settled benchmark futures contracts in the commodity markets at the center of the energy transition to an electrified, low-carbon emissions economy. Abaxx's vision is to build Smarter Markets: markets empowered by better tools, better benchmarks, and better technology to drive market-based solutions to the biggest challenges that everyone faces as a society, including climate change and the energy transition.