Freedom Internet Group (Freedom Internet Group) Net Margin % : -215.00% (As of Jan. 2023)

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What is Freedom Internet Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Freedom Internet Group's Net Income for the three months ended in Jan. 2023 was $-0.04 Mil. Freedom Internet Group's Revenue for the three months ended in Jan. 2023 was $0.02 Mil. Therefore, Freedom Internet Group's net margin for the quarter that ended in Jan. 2023 was -215.00%.

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

FIGI's Net Margin % is not ranked ^*
in the Asset Management industry.
Industry Median: 86.37
* Ranked among companies with meaningful Net Margin % only.

Freedom Internet Group Net Margin % Historical Data

The historical data trend for Freedom Internet 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.

Freedom Internet Group Net Margin % Chart

Freedom Internet Group Annual Data

Trend

Oct19

Oct20

Oct21

Oct22

Net Margin %

-474.51

-501.52

-801.96

Freedom Internet Group Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23
Net Margin %	Get a 7-Day Free Trial									-884.62	-576.92	-307.69	-	-215.00

Competitive Comparison of Freedom Internet Group's Net Margin %

For the Asset Management subindustry, Freedom Internet 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.

Freedom Internet Group's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Freedom Internet Group's Net Margin % distribution charts can be found below:

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

Freedom Internet 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.

Freedom Internet Group's Net Margin for the fiscal year that ended in Oct. 2022 is calculated as

Net Margin	=	Net Income (A: Oct. 2022 )	/	Revenue (A: Oct. 2022 )
	=	-0.409	/	0.051
	=	-801.96 %

Freedom Internet Group's Net Margin for the quarter that ended in Jan. 2023 is calculated as

Net Margin	=	Net Income (Q: Jan. 2023 )	/	Revenue (Q: Jan. 2023 )
	=	-0.043	/	0.02
	=	-215.00 %

Freedom Internet Group (OTCPK:FIGI) 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.

Freedom Internet Group Net Margin % Related Terms

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Freedom Internet Group (Freedom Internet Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Freedom Internet Group Inc (OTCPK:FIGI) » Definitions » Net Margin %

Comparable Companies

NISN AHG LMFA PT BWMY DXF SNTG JT WEIDY AIHS V MA AXP PYPL COF BOM:500034 DFS TSE:8591 SYF ALLY

Traded in Other Exchanges

N/A

Address

151 Calle San Francisco, Suite 200, San Juan, PRI, 00901

Website

https://www.figiroyalty.com

Freedom Internet Group Inc is engaged in the business of acquiring, holding, and managing royalty interests derived from Internet-based businesses, referred to as operators. The purchase of royalty interests by a company enables entrepreneurs to raise non-dilutive capital and retain control of their businesses. The company generates revenue from physical or digital product sales, subscriptions, and advertising.

Executives

Noah Rosenfarb	director, 10 percent owner, officer: CFO	12178 NW 69TH CT PARKLAND FL 33076
Ronald Rosenfarb	director, officer: COO	4123 ISLA VERDE AVE APT 1505 CAROLINA PR 00979
Alton Chapman	director, 10 percent owner, officer: CEO	3460 KINGSBORO RD NE APT 640 ATLANTA GA 30326

Freedom Internet Group (Freedom Internet Group) Headlines

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