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Progressive Planet Solutions (TSXV:PLAN) Net Margin % : 7.25% (As of Jan. 2024)


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What is Progressive Planet Solutions Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Progressive Planet Solutions's Net Income for the three months ended in Jan. 2024 was C$0.35 Mil. Progressive Planet Solutions's Revenue for the three months ended in Jan. 2024 was C$4.81 Mil. Therefore, Progressive Planet Solutions's net margin for the quarter that ended in Jan. 2024 was 7.25%.

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

TSXV:PLAN' s Net Margin % Range Over the Past 10 Years
Min: -85.86   Med: -45.91   Max: -2
Current: -2


TSXV:PLAN's Net Margin % is ranked worse than
52.85% of 859 companies
in the Metals & Mining industry
Industry Median: -0.04 vs TSXV:PLAN: -2.00

Progressive Planet Solutions Net Margin % Historical Data

The historical data trend for Progressive Planet Solutions'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.

Progressive Planet Solutions Net Margin % Chart

Progressive Planet Solutions Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -85.86 -5.96

Progressive Planet Solutions Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -12.12 -1.65 -9.89 -3.35 7.25

Competitive Comparison of Progressive Planet Solutions's Net Margin %

For the Other Industrial Metals & Mining subindustry, Progressive Planet Solutions'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.


Progressive Planet Solutions's Net Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Progressive Planet Solutions's Net Margin % falls into.



Progressive Planet Solutions 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.

Progressive Planet Solutions's Net Margin for the fiscal year that ended in Apr. 2023 is calculated as

Net Margin=Net Income (A: Apr. 2023 )/Revenue (A: Apr. 2023 )
=-1.164/19.543
=-5.96 %

Progressive Planet Solutions's Net Margin for the quarter that ended in Jan. 2024 is calculated as

Net Margin=Net Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=0.349/4.813
=7.25 %

* 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.


Progressive Planet Solutions  (TSXV:PLAN) 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.


Progressive Planet Solutions Net Margin % Related Terms

Thank you for viewing the detailed overview of Progressive Planet Solutions's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Progressive Planet Solutions (TSXV:PLAN) Business Description

Traded in Other Exchanges
Address
724 East Sarcee Street, Kamloops, BC, CAN, V2H 1E7
Progressive Planet Solutions Inc is a leader in supplying solutions for a livable planet by developing low-carbon, pozzolan-based, cementing products that replace equivalent amounts of Portland Cement and fly ash in concrete. Progressive Planet operates its flagship Z1 Natural Pozzolan Quarry in Cache Creek, British Columbia, and is earning a 100% interest in the Z2 Natural Pozzolan Property near Falkland, BC, and earning a 100% interest in the Heffley Creek Metals and Natural Pozzolan Property. All three properties are within a one-hour drive of Kamloops, BC, an industrial hub with rail access to Canadian and U.S. markets.
Executives
Steve Gurney Senior Officer
Stephen Kenneth Harpur Director, Senior Officer
George David Richardson 10% Security Holder

Progressive Planet Solutions (TSXV:PLAN) Headlines

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