GURUFOCUS.COM » STOCK LIST » Technology » Software » Clip Money Inc (OTCPK:CLPMF) » Definitions » Net Margin %

Clip Money (Clip Money) Net Margin % : -801.67% (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Clip Money Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Clip Money's Net Income for the three months ended in Mar. 2024 was $-2.40 Mil. Clip Money's Revenue for the three months ended in Mar. 2024 was $0.30 Mil. Therefore, Clip Money's net margin for the quarter that ended in Mar. 2024 was -801.67%.

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

CLPMF' s Net Margin % Range Over the Past 10 Years
Min: -183766.67   Med: -43386.84   Max: -1088.08
Current: -1088.08


CLPMF's Net Margin % is ranked worse than
97.08% of 2770 companies
in the Software industry
Industry Median: 1.725 vs CLPMF: -1088.08

Clip Money Net Margin % Historical Data

The historical data trend for Clip Money'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.

Clip Money Net Margin % Chart

Clip Money Annual Data
Trend Dec21 Dec22 Dec23
Net Margin %
-215,350.00 -43,342.86 -1,611.94

Clip Money Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7,993.55 -5,571.11 -1,670.47 -521.81 -801.67

Competitive Comparison of Clip Money's Net Margin %

For the Software - Infrastructure subindustry, Clip Money'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.


Clip Money's Net Margin % Distribution in the Software Industry

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

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



Clip Money 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.

Clip Money'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 )
=-9.317/0.578
=-1,611.94 %

Clip Money's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-2.397/0.299
=-801.67 %

* 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.


Clip Money  (OTCPK:CLPMF) 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.


Clip Money Net Margin % Related Terms

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


Clip Money (Clip Money) Business Description

Traded in Other Exchanges
Address
96 Riverdale Avenue, Ottawa, ON, CAN, K1S 1R2
Clip Money Inc is a Canadian-based principally in the business of providing a proprietary deposit network to businesses and financial institutions located across North America. network of ClipDrop safes located in malls, box stores, and grocery chains, Clip improves the business deposit experience through transformational digital and mobile-enabled services. Its business is located in Canada and the United States. The majority of its revenue comes from the United States.