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Oceanic Iron Ore (TSXV:FEO) Net Margin % : 0.00% (As of Mar. 2024)


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What is Oceanic Iron Ore Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Oceanic Iron Ore's Net Income for the three months ended in Mar. 2024 was C$-0.51 Mil. Oceanic Iron Ore's Revenue for the three months ended in Mar. 2024 was C$0.00 Mil. Therefore, Oceanic Iron Ore's net margin for the quarter that ended in Mar. 2024 was 0.00%.

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


TSXV:FEO's Net Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 0.04
* Ranked among companies with meaningful Net Margin % only.

Oceanic Iron Ore Net Margin % Historical Data

The historical data trend for Oceanic Iron Ore'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.

Oceanic Iron Ore Net Margin % Chart

Oceanic Iron Ore Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
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Oceanic Iron Ore Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Oceanic Iron Ore's Net Margin %

For the Other Industrial Metals & Mining subindustry, Oceanic Iron Ore'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.


Oceanic Iron Ore's Net Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Oceanic Iron Ore's Net Margin % distribution charts can be found below:

* The bar in red indicates where Oceanic Iron Ore's Net Margin % falls into.



Oceanic Iron Ore 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.

Oceanic Iron Ore'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 )
=0.052/0
= %

Oceanic Iron Ore'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 )
=-0.509/0
= %

* 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.


Oceanic Iron Ore  (TSXV:FEO) 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.


Oceanic Iron Ore Net Margin % Related Terms

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Oceanic Iron Ore (TSXV:FEO) Business Description

Traded in Other Exchanges
Address
595 Burrard Street, Suite 3083, Three Bentall Centre, Vancouver, BC, CAN, V7X 1L3
Oceanic Iron Ore Corp is an exploration-stage company. It is engaged in the acquisition and exploration of iron ore properties in Quebec, Canada. The company focuses on the operations of the Ungava Bay iron property in Nunavik, Quebec which consists of three project areas: Hopes Advance, Morgan Lake, and Roberts Lake.
Executives
Gordon Keep Director, Senior Officer
Steven Dean Director
Bing Pan Senior Officer
John Reynolds Director