First Choice Healthcare Solutions (First Choice Healthcare Solutions) Net Margin % : -17,214.29% (As of Mar. 2024)

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What is First Choice Healthcare Solutions Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. First Choice Healthcare Solutions's Net Income for the three months ended in Mar. 2024 was $-1.21 Mil. First Choice Healthcare Solutions's Revenue for the three months ended in Mar. 2024 was $0.01 Mil. Therefore, First Choice Healthcare Solutions's net margin for the quarter that ended in Mar. 2024 was -17,214.29%.

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

FCHS' s Net Margin % Range Over the Past 10 Years
Min: -27236.67 Med: -26.84 Max: 31.14
Current: -17214.29

FCHS's Net Margin % is ranked worse than
99.7% of 658 companies
in the Healthcare Providers & Services industry
Industry Median: 1.82 vs FCHS: -17214.29

First Choice Healthcare Solutions Net Margin % Historical Data

The historical data trend for First Choice Healthcare Solutions'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.

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First Choice Healthcare Solutions Net Margin % Chart

First Choice Healthcare Solutions Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec22

Dec23

Net Margin %

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-17.53

31.14

-13.53

-930.22

-27,236.67

First Choice Healthcare Solutions Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec22	Mar23	Dec23	Mar24
Net Margin %	Get a 7-Day Free Trial															-2.72	-	2,377.65	-	-17,214.29

Competitive Comparison of First Choice Healthcare Solutions's Net Margin %

For the Medical Care Facilities subindustry, First Choice Healthcare Solutions'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.

First Choice Healthcare Solutions's Net Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, First Choice Healthcare Solutions's Net Margin % distribution charts can be found below:

* The bar in red indicates where First Choice Healthcare Solutions's Net Margin % falls into.

First Choice Healthcare Solutions 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.

First Choice Healthcare Solutions'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 )
	=	-8.171	/	0.03
	=	-27,236.67 %

First Choice Healthcare Solutions'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 )
	=	-1.205	/	0.007
	=	-17,214.29 %

First Choice Healthcare Solutions (OTCPK:FCHS) 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.

First Choice Healthcare Solutions Net Margin % Related Terms

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First Choice Healthcare Solutions (First Choice Healthcare Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » First Choice Healthcare Solutions Inc (OTCPK:FCHS) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

95 Bulldog Boulevard, Suite 202, Melbourne, FL, USA, 32901

Website

https://www.myfchs.com

First Choice Healthcare Solutions Inc is engaged in implementing a defined growth strategy aimed at building a network of localized, integrated healthcare services platforms comprised of primary care using doctors, nurse practitioners, health and well services (anti-aging, weight management and stem cells), rehabilitative therapy, pain management, and pharmacy- services. in markets throughout the U.S.

Executives

Gary Pickett	officer: Chief Financial Officer	9958 LAKE SEMINOLE DR. W., LARGO FL 33773
Michael J. West	other: Former Officer and Owner	16325 EAST DORADO AVE., CENTENNIAL CO 80111
Stephen H. West	director, officer: Secretary	16325 EAST DORADO AVE., CENTENNIAL CO 80111