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Avricore Health (TSXV:AVCR) Net Margin % : -14.98% (As of Sep. 2024)


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What is Avricore Health Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Avricore Health's Net Income for the three months ended in Sep. 2024 was C$-0.18 Mil. Avricore Health's Revenue for the three months ended in Sep. 2024 was C$1.20 Mil. Therefore, Avricore Health's net margin for the quarter that ended in Sep. 2024 was -14.98%.

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

TSXV:AVCR' s Net Margin % Range Over the Past 10 Years
Min: -36683.33   Med: -2473.1   Max: 2.2
Current: 2.2


TSXV:AVCR's Net Margin % is ranked better than
58.14% of 215 companies
in the Medical Diagnostics & Research industry
Industry Median: -7.46 vs TSXV:AVCR: 2.20

Avricore Health Net Margin % Historical Data

The historical data trend for Avricore Health'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.

Avricore Health Net Margin % Chart

Avricore Health Annual Data
Trend Jun14 Jun15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6,381.82 -3,557.58 -1,388.62 -46.27 -20.11

Avricore Health 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 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 -29.91 4.43 15.04 5.17 -14.98

Competitive Comparison of Avricore Health's Net Margin %

For the Diagnostics & Research subindustry, Avricore Health'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.


Avricore Health's Net Margin % Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Avricore Health's Net Margin % distribution charts can be found below:

* The bar in red indicates where Avricore Health's Net Margin % falls into.


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Avricore Health 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.

Avricore Health'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 )
=-0.701/3.485
=-20.11 %

Avricore Health's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-0.179/1.195
=-14.98 %

* 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.


Avricore Health  (TSXV:AVCR) 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.


Avricore Health Net Margin % Related Terms

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Avricore Health Business Description

Traded in Other Exchanges
Address
1120 - 789 West Pender Street, Vancouver, BC, CAN, V6C 1H2
Avricore Health Inc is a Canada-based company. The company is involved in the business of health data and point-of-care technologies. The Company has only one segment, being the HealthTab - Point of Care Business in Canada. The Company's revenues are generated from operating leases of the POCT system and the sale of testing panels.
Executives
Kiriaki Smith Senior Officer
Rodger Mckendry Seccombe Senior Officer
Alan Arnstein Director
David Farnfield Director
David M. Hall Director
Inc. Emerald Health Therapeutics 10% Security Holder
Sukhwinder Singh Rai Director

Avricore Health Headlines

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