Therma Bright (TSXV:THRM) Net Margin %: -337.14% (As of Apr. 2026)


What is Therma Bright Net Margin %?

Therma Bright TSXV:THRM Net Margin % is -337.14% as of Apr. 2026. The stock has 5 warning signs investors should review. Among 816 Medical Devices & Instruments companies, Therma Bright ranks worse than 95.83% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Therma Bright's Net Income for the three months ended in Apr. 2026 was C$-0.24 Mil. Therma Bright's Revenue for the three months ended in Apr. 2026 was C$0.07 Mil. Therefore, Therma Bright's net margin for the quarter that ended in Apr. 2026 was -337.14%.

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

TSXV:THRM' s Net Margin % Range Over the Past 10 Years
Min: -215250   Med: -7428.57   Max: -2969.63
Current: -2969.63

TSXV:THRM's Net Margin % is ranked worse than
95.83% of 816 companies
in the Medical Devices & Instruments industry
Industry Median: 2.06 vs TSXV:THRM: -2969.63

Therma Bright  (TSXV:THRM) 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.

Therma Bright Net Margin % Related Terms

Therma Bright Net Margin % Historical Data

* Premium members only.

The historical data trend for Therma Bright'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.

Therma Bright Net Margin % Chart

Therma Bright Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -215,250.00 -4,230.94 -15,700.00 -9,426.92 -5,428.75

Therma Bright Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -9,800.00 -7,013.04 0.00 -1,663.16 -337.14

TSXV:THRM vs ABT, SYK, MDT: Net Margin % Comparison

For the Medical Devices subindustry, Therma Bright'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.

Therma Bright Net Margin % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Therma Bright's Net Margin % distribution charts can be found below:

* The bar in red indicates where Therma Bright's Net Margin % falls into.


Therma Bright 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.

Therma Bright's Net Margin for the fiscal year that ended in Jul. 2025 is calculated as

Net Margin=Net Income (A: Jul. 2025 )/Revenue (A: Jul. 2025 )
=-4.343/0.08
=-5,428.75 %

Therma Bright's Net Margin for the quarter that ended in Apr. 2026 is calculated as

Net Margin=Net Income (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=-0.236/0.07
=-337.14 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of -337.14% mean?
Therma Bright (TSXV:THRM) has a Net Margin % of -337.14% as of Apr. 2026. Net margin is the ratio of total net income to net sales. View historical data on Therma Bright and its competitors. According to the industry distribution chart, Therma Bright ranks #782 out of 816 companies in the Medical Devices & Instruments industry, placing it in the top 95.8%.
Is Therma Bright's Net Margin % too high?
Therma Bright's current Net Margin % is -337.14%. Based on the distribution chart, Therma Bright ranks #782 out of 816 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers.
How does Therma Bright's Net Margin % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Therma Bright ranks #782 out of 816 companies for Net Margin %. This places Therma Bright in the lower half of its industry. The industry median Net Margin % is 2.06. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Medical Devices & Instruments company?
The median Net Margin % among Medical Devices & Instruments companies is 2.06, based on 816 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Therma Bright and its competitors. For the Medical Devices & Instruments industry, the median Net Margin % is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Therma Bright's current Net Margin % is -337.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Therma Bright stock overvalued right now?
Therma Bright (TSXV:THRM) has a current Net Margin % of -337.14%. The current Net Margin % is -337.14%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Therma Bright (TSXV:THRM), the current Net Margin % is -337.14% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Therma Bright Business Description

Other Exchanges TBRIF:USA
Address 345 Danforth Avenue, Toronto, ON, CAN, M4K 1N7
Therma Bright Inc is a developer and partner in a range of proprietary diagnostic and medical device technologies focused on providing consumers and medical professionals with solutions to address important medical and healthcare challenges. The Company is developing, acquiring, manufacturing and marketing proprietary healthcare and medical devices for the consumer and institutional marketplace focused on 3 key strategic areas: respiratory disease, vascular health, and consumer medical devices.