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Noronex (ASX:NRX) Net Margin % : 0.00% (As of Dec. 2023)


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What is Noronex Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Noronex's Net Income for the six months ended in Dec. 2023 was A$-1.59 Mil. Noronex's Revenue for the six months ended in Dec. 2023 was A$0.00 Mil. Therefore, Noronex's net margin for the quarter that ended in Dec. 2023 was 0.00%.

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


ASX:NRX's Net Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 0.71
* Ranked among companies with meaningful Net Margin % only.

Noronex Net Margin % Historical Data

The historical data trend for Noronex'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.

Noronex Net Margin % Chart

Noronex Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Net Margin %
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Noronex Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Competitive Comparison of Noronex's Net Margin %

For the Copper subindustry, Noronex'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.


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

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

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



Noronex 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.

Noronex's Net Margin for the fiscal year that ended in Jun. 2024 is calculated as

Net Margin=Net Income (A: Jun. 2024 )/Revenue (A: Jun. 2024 )
=-2.507/0
= %

Noronex'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 )
=-1.586/0
= %

* 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.


Noronex  (ASX:NRX) 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.


Noronex Net Margin % Related Terms

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Noronex Business Description

Traded in Other Exchanges
N/A
Address
295 Rokeby Road, Suite 1, Subiaco, Brisbane, WA, AUS, 60008
Noronex Ltd is a mineral exploration company, identifying projects in Australia. The company holds a portfolio of high-grade copper projects in Canada and an option to acquire three prospecting licences that are prospective for sedimentary Cu-Ag mineralization along the prolific Kalahari Copper Belt that spans Namibia and Botswana. The group operates in the mineral exploration sector predominantly in Australia, Namibia, and Canada.

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