Hydreight Technologies (TSXV:NURS) Net Margin % : -1.99% (As of Sep. 2024)

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What is Hydreight Technologies Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Hydreight Technologies's Net Income for the three months ended in Sep. 2024 was C$-0.09 Mil. Hydreight Technologies's Revenue for the three months ended in Sep. 2024 was C$4.53 Mil. Therefore, Hydreight Technologies's net margin for the quarter that ended in Sep. 2024 was -1.99%.

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

TSXV:NURS' s Net Margin % Range Over the Past 10 Years
Min: -485.71 Med: -50.99 Max: -8.47
Current: -8.47

TSXV:NURS's Net Margin % is ranked worse than
73.2% of 668 companies
in the Healthcare Providers & Services industry
Industry Median: 2.005 vs TSXV:NURS: -8.47

Hydreight Technologies Net Margin % Historical Data

The historical data trend for Hydreight 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.

Hydreight Technologies Net Margin % Chart

Hydreight Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

-485.71

-50.99

-44.04

-140.46

-16.83

Hydreight Technologies Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Net Margin %	Get a 7-Day Free Trial										-15.12	-25.97	-9.15	-0.66	-1.99

Competitive Comparison of Hydreight Technologies's Net Margin %

For the Health Information Services subindustry, Hydreight 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.

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

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

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

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Hydreight 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.

Hydreight 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 )
	=	-1.937	/	11.509
	=	-16.83 %

Hydreight Technologies'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 )
	=	-0.09	/	4.526
	=	-1.99 %

Hydreight Technologies (TSXV:NURS) 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.

Hydreight Technologies Net Margin % Related Terms

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Hydreight Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Hydreight Technologies Inc (TSXV:NURS) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

HYDTF:USA

Address

1500 West Georgia Street, Suite 800, Vancouver, BC, CAN, V6G 2Z6

Website

https://www.hydreight.com

Hydreight Technologies Inc is a home healthcare and wellness platform that bridges the gap between provider compliance and patient convenience, empowering nurses, med spa technicians, and other licensed healthcare professionals. It delivers services independently, on its own terms, or adds mobile services to existing location-based operations. The platform includes a built-in, easy-to-use suite of fully-integrated tools for accounting, documentation, sales, inventory, booking, managing patient data, and more, Hydreight has a 503B pharmacy license and is a U.S. certified e-script and telemedicine provider that allows it to provide services in over 50 states.

Executives

Gabi Kabazo

Director

Hydreight Technologies Headlines

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