Christina Lake Cannabis (Christina Lake Cannabis) Net Margin % : 69.90% (As of Aug. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Christina Lake Cannabis Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Christina Lake Cannabis's Net Income for the three months ended in Aug. 2023 was $1.84 Mil. Christina Lake Cannabis's Revenue for the three months ended in Aug. 2023 was $2.63 Mil. Therefore, Christina Lake Cannabis's net margin for the quarter that ended in Aug. 2023 was 69.90%.

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

CLCFF' s Net Margin % Range Over the Past 10 Years
Min: -196.61 Med: -108.37 Max: -20.13
Current: -30.44

CLCFF's Net Margin % is ranked worse than
76.47% of 1020 companies
in the Drug Manufacturers industry
Industry Median: 3.225 vs CLCFF: -30.44

Christina Lake Cannabis Net Margin % Historical Data

The historical data trend for Christina Lake Cannabis'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.

Christina Lake Cannabis Net Margin % Chart

Christina Lake Cannabis Annual Data

Trend

Nov18

Nov19

Nov20

Nov21

Nov22

Net Margin %

-196.61

-20.13

Christina Lake Cannabis Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23
Net Margin %	Get a 7-Day Free Trial															86.60	-131.38	-63.09	-22.28	69.90

Competitive Comparison of Christina Lake Cannabis's Net Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Christina Lake Cannabis'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.

Christina Lake Cannabis's Net Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Christina Lake Cannabis's Net Margin % distribution charts can be found below:

* The bar in red indicates where Christina Lake Cannabis's Net Margin % falls into.

Christina Lake Cannabis 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.

Christina Lake Cannabis's Net Margin for the fiscal year that ended in Nov. 2022 is calculated as

Net Margin	=	Net Income (A: Nov. 2022 )	/	Revenue (A: Nov. 2022 )
	=	-1.507	/	7.485
	=	-20.13 %

Christina Lake Cannabis's Net Margin for the quarter that ended in Aug. 2023 is calculated as

Net Margin	=	Net Income (Q: Aug. 2023 )	/	Revenue (Q: Aug. 2023 )
	=	1.839	/	2.631
	=	69.90 %

Christina Lake Cannabis (OTCPK:CLCFF) 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.

Christina Lake Cannabis Net Margin % Related Terms

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

Christina Lake Cannabis (Christina Lake Cannabis) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Christina Lake Cannabis Corp (OTCPK:CLCFF) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

CLB:Germany CLC:Canada

Address

789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C 1H2

Website

https://www.christinalakecannabis.com

Christina Lake Cannabis Corp is a licensed producer of cannabis. The company cultivates cannabis using strains specifically developed for outdoor cultivation. It is a producer of high-quality, low-cost, sun-grown cannabis flower, oil cannabinoids and hemp-based extracts and derivatives, serving domestic and international markets.