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CMGR (Clubhouse Media Group) Net Margin % : -111.99% (As of Jun. 2024)


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What is Clubhouse Media Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Clubhouse Media Group's Net Income for the three months ended in Jun. 2024 was $-0.47 Mil. Clubhouse Media Group's Revenue for the three months ended in Jun. 2024 was $0.42 Mil. Therefore, Clubhouse Media Group's net margin for the quarter that ended in Jun. 2024 was -111.99%.

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

CMGR' s Net Margin % Range Over the Past 10 Years
Min: -1261.99   Med: -188.26   Max: -18.32
Current: -1261.99


CMGR's Net Margin % is not ranked
in the Media - Diversified industry.
Industry Median: 0.735 vs CMGR: -1261.99

Clubhouse Media Group Net Margin % Historical Data

The historical data trend for Clubhouse Media Group'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.

Clubhouse Media Group Net Margin % Chart

Clubhouse Media Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -255.25 -522.94 -777.11 -158.53

Clubhouse Media Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -103.75 -18.49 -15.63 -437.56 -111.99

Competitive Comparison of Clubhouse Media Group's Net Margin %

For the Advertising Agencies subindustry, Clubhouse Media Group'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.


Clubhouse Media Group's Net Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Clubhouse Media Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where Clubhouse Media Group's Net Margin % falls into.


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Clubhouse Media Group 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.

Clubhouse Media Group'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 )
=-2.37/1.495
=-158.53 %

Clubhouse Media Group's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin=Net Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=-0.467/0.417
=-111.99 %

* 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.


Clubhouse Media Group  (OTCPK:CMGR) 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.


Clubhouse Media Group Net Margin % Related Terms

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Clubhouse Media Group Business Description

Traded in Other Exchanges
N/A
Address
3651 Lindell Road, Suite D517, Las Vegas, NV, USA, 89103
Clubhouse Media Group Inc is a social media firm. The company focuses its efforts and resources on growing its wholly owned, creator monetization platform, HoneyDrip.com. The platform allows celebrities and influencers to create, post, communicate, and sell content directly to their fans. The company collects 30% commission on all transactions on the site.
Executives
Christian Jonathan Young director, officer: Former Officer and Director 1744 VIRGINIA AVE, GLENDALE CA 91202