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Standard Mercantile Acquisition (TSX:SMA) Net Margin % : 57.29% (As of Jun. 2023)


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What is Standard Mercantile Acquisition Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Standard Mercantile Acquisition's Net Income for the three months ended in Jun. 2023 was C$0.11 Mil. Standard Mercantile Acquisition's Revenue for the three months ended in Jun. 2023 was C$0.20 Mil. Therefore, Standard Mercantile Acquisition's net margin for the quarter that ended in Jun. 2023 was 57.29%.

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

TSX:SMA' s Net Margin % Range Over the Past 10 Years
Min: -32.02   Med: 61.74   Max: 258.2
Current: 71.78


TSX:SMA's Net Margin % is not ranked
in the Asset Management industry.
Industry Median: 86.04 vs TSX:SMA: 71.78

Standard Mercantile Acquisition Net Margin % Historical Data

The historical data trend for Standard Mercantile Acquisition'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.

Standard Mercantile Acquisition Net Margin % Chart

Standard Mercantile Acquisition Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.27 -32.02 258.20 63.09 61.21

Standard Mercantile Acquisition Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 16.85 50.25 134.58 40.80 57.29

Competitive Comparison of Standard Mercantile Acquisition's Net Margin %

For the Asset Management subindustry, Standard Mercantile Acquisition'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.


Standard Mercantile Acquisition's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Standard Mercantile Acquisition's Net Margin % distribution charts can be found below:

* The bar in red indicates where Standard Mercantile Acquisition's Net Margin % falls into.



Standard Mercantile Acquisition 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.

Standard Mercantile Acquisition's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=0.475/0.776
=61.21 %

Standard Mercantile Acquisition's Net Margin for the quarter that ended in Jun. 2023 is calculated as

Net Margin=Net Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=0.114/0.199
=57.29 %

* 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.


Standard Mercantile Acquisition  (TSX:SMA) 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.


Standard Mercantile Acquisition Net Margin % Related Terms

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Standard Mercantile Acquisition (TSX:SMA) Business Description

Traded in Other Exchanges
N/A
Address
181 Bay Street, Suite 1800, Toronto, ON, CAN, M5J 2T9
Standard Mercantile Acquisition Corp is focused on monetizing its remaining mortgage assets and is seeking a target acquisition to enable its shareholders to participate in the potential future value of the company's public listing through a merger transaction with a private operating business.

Standard Mercantile Acquisition (TSX:SMA) Headlines

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