GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Vibe Growth Corp (OTCPK:VIBEF) » Definitions » Net Margin %

VIBEF (Vibe Growth) Net Margin % : -2.85% (As of Sep. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Vibe Growth Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Vibe Growth's Net Income for the three months ended in Sep. 2024 was $-0.09 Mil. Vibe Growth's Revenue for the three months ended in Sep. 2024 was $3.27 Mil. Therefore, Vibe Growth's net margin for the quarter that ended in Sep. 2024 was -2.85%.

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

VIBEF' s Net Margin % Range Over the Past 10 Years
Min: -78.68   Med: -45.64   Max: 3.01
Current: -68.17


VIBEF's Net Margin % is ranked worse than
86.23% of 995 companies
in the Drug Manufacturers industry
Industry Median: 3.96 vs VIBEF: -68.17

Vibe Growth Net Margin % Historical Data

The historical data trend for Vibe Growth'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.

Vibe Growth Net Margin % Chart

Vibe Growth Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -68.40 3.01 -14.68 -45.64 -78.68

Vibe Growth Quarterly Data
Dec19 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 -39.49 -236.84 -24.35 -14.02 -2.85

Competitive Comparison of Vibe Growth's Net Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Vibe Growth'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.


Vibe Growth's Net Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Vibe Growth's Net Margin % distribution charts can be found below:

* The bar in red indicates where Vibe Growth's Net Margin % falls into.



Vibe Growth 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.

Vibe Growth'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 )
=-11.132/14.149
=-78.68 %

Vibe Growth'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 )
=-0.093/3.265
=-2.85 %

* 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.


Vibe Growth  (OTCPK:VIBEF) 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.


Vibe Growth Net Margin % Related Terms

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


Vibe Growth Business Description

Traded in Other Exchanges
Address
997 Seymour Street, Suite 250, Vancouver, BC, CAN, V6B3M1
Vibe Growth Corp is engaged in the evaluation, acquiring, and developing cannabis cultivation, distribution, and manufacturing assets and retail cannabis dispensaries, predominantly in the U.S., in order to become a vertically integrated cannabis operator. The Company currently operates five dispensaries, one distribution and two cultivation operations in the State of California plus one dispensary in Portland, Oregon.

Vibe Growth Headlines

From GuruFocus