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Simply Better Brands (Simply Better Brands) Net Margin % : -6.85% (As of Mar. 2024)


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What is Simply Better Brands Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Simply Better Brands's Net Income for the three months ended in Mar. 2024 was $-0.96 Mil. Simply Better Brands's Revenue for the three months ended in Mar. 2024 was $14.00 Mil. Therefore, Simply Better Brands's net margin for the quarter that ended in Mar. 2024 was -6.85%.

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

SBBCF' s Net Margin % Range Over the Past 10 Years
Min: -82.08   Med: -18.88   Max: 11.43
Current: -32.62


SBBCF's Net Margin % is ranked worse than
77.06% of 1020 companies
in the Drug Manufacturers industry
Industry Median: 3.225 vs SBBCF: -32.62

Simply Better Brands Net Margin % Historical Data

The historical data trend for Simply Better Brands'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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Simply Better Brands Net Margin % Chart

Simply Better Brands Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
11.43 -15.98 -82.07 -18.88 -30.37

Simply Better Brands Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -22.54 -20.40 -1.34 -135.45 -6.85

Competitive Comparison of Simply Better Brands's Net Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Simply Better Brands'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.


Simply Better Brands's Net Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Simply Better Brands's Net Margin % distribution charts can be found below:

* The bar in red indicates where Simply Better Brands's Net Margin % falls into.



Simply Better Brands 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.

Simply Better Brands'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 )
=-24.255/79.856
=-30.37 %

Simply Better Brands'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 )
=-0.959/13.996
=-6.85 %

* 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.


Simply Better Brands  (OTCPK:SBBCF) 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.


Simply Better Brands Net Margin % Related Terms

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Simply Better Brands (Simply Better Brands) Business Description

Traded in Other Exchanges
Address
595 Howe Street, Suite 206, Vancouver, BC, CAN, V6C 2T5
Simply Better Brands Corp is promoting healthy and active lifestyles. In addition to expanding its majority-owned CBD subsidiary brand, PureKana, the company has announced strategic acquisitions in industry health, wellness, beauty, pet and lifestyle brands and companies. The Company operates in one reportable segment being the sale of consumer health and wellness products with sales principally generated from the United States.