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WDGRF (Wedgemount Resources) Net Margin % : -266.67% (As of Oct. 2024)


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What is Wedgemount Resources Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Wedgemount Resources's Net Income for the three months ended in Oct. 2024 was $-0.86 Mil. Wedgemount Resources's Revenue for the three months ended in Oct. 2024 was $0.32 Mil. Therefore, Wedgemount Resources's net margin for the quarter that ended in Oct. 2024 was -266.67%.

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

WDGRF' s Net Margin % Range Over the Past 10 Years
Min: -465.41   Med: -304.33   Max: -143.25
Current: -199.29


WDGRF's Net Margin % is ranked worse than
91.81% of 940 companies
in the Oil & Gas industry
Industry Median: 3.76 vs WDGRF: -199.29

Wedgemount Resources Net Margin % Historical Data

The historical data trend for Wedgemount Resources'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.

Wedgemount Resources Net Margin % Chart

Wedgemount Resources Annual Data
Trend Jul21 Jul22 Jul23 Jul24
Net Margin %
- - -465.61 -143.22

Wedgemount Resources Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 -79.03 -270.30 -108.47 -172.01 -266.67

Competitive Comparison of Wedgemount Resources's Net Margin %

For the Oil & Gas E&P subindustry, Wedgemount Resources'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.


Wedgemount Resources's Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Wedgemount Resources's Net Margin % distribution charts can be found below:

* The bar in red indicates where Wedgemount Resources's Net Margin % falls into.


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Wedgemount Resources 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.

Wedgemount Resources's Net Margin for the fiscal year that ended in Jul. 2024 is calculated as

Net Margin=Net Income (A: Jul. 2024 )/Revenue (A: Jul. 2024 )
=-1.13/0.789
=-143.22 %

Wedgemount Resources's Net Margin for the quarter that ended in Oct. 2024 is calculated as

Net Margin=Net Income (Q: Oct. 2024 )/Revenue (Q: Oct. 2024 )
=-0.856/0.321
=-266.67 %

* 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.


Wedgemount Resources  (OTCPK:WDGRF) 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.


Wedgemount Resources Net Margin % Related Terms

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Wedgemount Resources Business Description

Traded in Other Exchanges
Address
2303 Lawson Avenue, West Vancouver, BC, CAN, V7V 2E5
Wedgemount Resources Corp is a Vancouver based company engaged in the exploration for and the development and operation of petroleum and natural gas in the U.S.A. The company's project includes Willowbend, TCS and Millican Projects. The company is focused on consolidating oil and gas assets through the acquisition, development, and operation of distressed oil properties.