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Lexagene Holdings (Lexagene Holdings) Net Margin % : -3,902.33% (As of Nov. 2022)


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What is Lexagene Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Lexagene Holdings's Net Income for the three months ended in Nov. 2022 was $-1.68 Mil. Lexagene Holdings's Revenue for the three months ended in Nov. 2022 was $0.04 Mil. Therefore, Lexagene Holdings's net margin for the quarter that ended in Nov. 2022 was -3,902.33%.

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


LXXGQ's Net Margin % is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: -1.045
* Ranked among companies with meaningful Net Margin % only.

Lexagene Holdings Net Margin % Historical Data

The historical data trend for Lexagene Holdings'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.

Lexagene Holdings Net Margin % Chart

Lexagene Holdings Annual Data
Trend Mar13 Mar14 Mar15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -17,053.45 -14,160.00

Lexagene Holdings Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22
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 -5,608.33 16,492.86 -14,073.33 -3,404.92 -3,902.33

Competitive Comparison of Lexagene Holdings's Net Margin %

For the Medical Devices subindustry, Lexagene Holdings'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.


Lexagene Holdings's Net Margin % Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Lexagene Holdings's Net Margin % falls into.



Lexagene Holdings 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.

Lexagene Holdings's Net Margin for the fiscal year that ended in Feb. 2022 is calculated as

Net Margin=Net Income (A: Feb. 2022 )/Revenue (A: Feb. 2022 )
=-10.62/0.075
=-14,160.00 %

Lexagene Holdings's Net Margin for the quarter that ended in Nov. 2022 is calculated as

Net Margin=Net Income (Q: Nov. 2022 )/Revenue (Q: Nov. 2022 )
=-1.678/0.043
=-3,902.33 %

* 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.


Lexagene Holdings  (OTCPK:LXXGQ) 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.


Lexagene Holdings Net Margin % Related Terms

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Lexagene Holdings (Lexagene Holdings) Business Description

Traded in Other Exchanges
N/A
Address
500 Cummings Center, Suite 4550, Beverly, MA, USA, 01915
Lexagene Holdings Inc is a molecular diagnostics company that develops molecular diagnostic systems for pathogen detection and genetic testing for other molecular markers for on-site rapid testing in veterinary diagnostics, and for use in open-access markets such as food and water safety, clinical research, agricultural testing and biodefense. The MiQLab system delivers sensitivity, specificity, and breadth of detection and can return results in approximately two hours. The unique open-access feature is designed for custom testing so that end-users can load their own real-time PCR assays onto the instrument to target any genetic target of interest.