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Carebook Technologies (TSXV:CRBK) Net Margin % : -9.71% (As of Mar. 2024)


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What is Carebook Technologies Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Carebook Technologies's Net Income for the three months ended in Mar. 2024 was C$-0.35 Mil. Carebook Technologies's Revenue for the three months ended in Mar. 2024 was C$3.59 Mil. Therefore, Carebook Technologies's net margin for the quarter that ended in Mar. 2024 was -9.71%.

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

TSXV:CRBK' s Net Margin % Range Over the Past 10 Years
Min: -336.34   Med: -250.56   Max: -24.02
Current: -24.02


TSXV:CRBK's Net Margin % is ranked worse than
76.7% of 661 companies
in the Healthcare Providers & Services industry
Industry Median: 1.82 vs TSXV:CRBK: -24.02

Carebook Technologies Net Margin % Historical Data

The historical data trend for Carebook Technologies'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.

Carebook Technologies Net Margin % Chart

Carebook Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Margin %
-308.58 -336.34 -192.54 -27.05

Carebook Technologies Quarterly Data
Jun19 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 -18.23 -25.44 -11.20 -49.96 -9.71

Competitive Comparison of Carebook Technologies's Net Margin %

For the Health Information Services subindustry, Carebook Technologies'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.


Carebook Technologies's Net Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Carebook Technologies's Net Margin % distribution charts can be found below:

* The bar in red indicates where Carebook Technologies's Net Margin % falls into.



Carebook Technologies 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.

Carebook Technologies'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 )
=-3.315/12.255
=-27.05 %

Carebook Technologies'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 )
=-0.349/3.593
=-9.71 %

* 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.


Carebook Technologies  (TSXV:CRBK) 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.


Carebook Technologies Net Margin % Related Terms

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Carebook Technologies (TSXV:CRBK) Business Description

Traded in Other Exchanges
N/A
Address
2045 Stanley Street, Suite 1400, Montreal, QC, CAN, H3A 2V4
Carebook Technologies Inc is engaged in the development and commercialization of a complete end-to-end digital health platform that features assessment, reporting, and targeted solutions offered through an array of selected partners and resellers, and its primary customers are large employers across a variety of industries and pharmacies. Its products include Corehealth, Pharmacy and Wellness Checkpoint.
Executives
L.p. Medtech Investments 10% Security Holder
Stuart Mitchell Elman Director

Carebook Technologies (TSXV:CRBK) Headlines

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