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Mako Mining (TSXV:MKO) Net Margin % : 2.40% (As of Sep. 2024)


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What is Mako Mining Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Mako Mining's Net Income for the three months ended in Sep. 2024 was C$0.5 Mil. Mako Mining's Revenue for the three months ended in Sep. 2024 was C$21.3 Mil. Therefore, Mako Mining's net margin for the quarter that ended in Sep. 2024 was 2.40%.

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

TSXV:MKO' s Net Margin % Range Over the Past 10 Years
Min: -867.45   Med: -18.9   Max: 28.07
Current: 26.76


TSXV:MKO's Net Margin % is ranked better than
89.93% of 854 companies
in the Metals & Mining industry
Industry Median: 1.33 vs TSXV:MKO: 26.76

Mako Mining Net Margin % Historical Data

The historical data trend for Mako Mining'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.

Mako Mining Net Margin % Chart

Mako Mining Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -318.09 -867.45 28.07 -18.90 10.31

Mako Mining Quarterly Data
Oct19 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 -13.75 35.95 27.84 31.01 2.40

Competitive Comparison of Mako Mining's Net Margin %

For the Gold subindustry, Mako Mining'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.


Mako Mining's Net Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Mako Mining's Net Margin % falls into.


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Mako Mining 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.

Mako Mining'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 )
=9.122/88.476
=10.31 %

Mako Mining'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 )
=0.512/21.32
=2.40 %

* 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.


Mako Mining  (TSXV:MKO) 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.


Mako Mining Net Margin % Related Terms

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Mako Mining Business Description

Traded in Other Exchanges
Address
838 West Hastings Street, Suite 700, Vancouver, BC, CAN, V6C 0A6
Mako Mining Corp is a gold mining, development, and exploration firm. The Company's primary asset is the San Albino mine, an open-pit mine located in Nicaragua. In addition to its mining operation, the company continues to explore its other concessions in Nicaragua.
Executives
Akiba Jacob Issachar Leisman Director
Jesse Munoz Director or Senior Officer of 10% Security Holder
Wexford Capital Lp 10% Security Holder
Maria Milagros Paredes Senior Officer
Mako Mining Corp. Issuer
Rael Desmond Lipson Director
John Walter Wallen Hick Director
Cesar Gonzalez Senior Officer

Mako Mining Headlines

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