Co-Diagnostics (FRA:C97) Net Margin % : -1,511.42% (As of Sep. 2024)

Co-Diagnostics Net Margin % Chart

Co-Diagnostics Annual Data
	Trend	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Net Margin %		Get a 7-Day Free Trial				-2,874.23	56.98	37.45	-41.61	-518.65

Co-Diagnostics Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Net Margin %	Get a 7-Day Free Trial															-243.48	-412.82	-3,676.82	-286.02	-1,511.42

Competitive Comparison of Co-Diagnostics's Net Margin %

For the Medical Devices subindustry, Co-Diagnostics'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.

Co-Diagnostics's Net Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Co-Diagnostics's Net Margin % distribution charts can be found below:

* The bar in red indicates where Co-Diagnostics's Net Margin % falls into.

Co-Diagnostics 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.

Co-Diagnostics's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Co-Diagnostics's Net Margin for the quarter that ended in Sep. 2024 is calculated as

* 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.

Co-Diagnostics  (FRA:C97) 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.

Co-Diagnostics Net Margin % Related Terms

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Co-Diagnostics Business Description