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Blender Bites (XCNQ:BITE) Net Margin % : -108.01% (As of Jan. 2024)


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What is Blender Bites Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Blender Bites's Net Income for the three months ended in Jan. 2024 was C$-0.62 Mil. Blender Bites's Revenue for the three months ended in Jan. 2024 was C$0.57 Mil. Therefore, Blender Bites's net margin for the quarter that ended in Jan. 2024 was -108.01%.

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

XCNQ:BITE' s Net Margin % Range Over the Past 10 Years
Min: -1693.52   Med: -254.09   Max: -120.49
Current: -248.58


XCNQ:BITE's Net Margin % is ranked worse than
97.21% of 1861 companies
in the Consumer Packaged Goods industry
Industry Median: 3.29 vs XCNQ:BITE: -248.58

Blender Bites Net Margin % Historical Data

The historical data trend for Blender Bites'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.

Blender Bites Net Margin % Chart

Blender Bites Annual Data
Trend Nov14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Oct21 Oct22 Oct23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -1,693.52 -120.49 -254.09

Blender Bites Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 -107.29 -1,010.60 -335.05 -109.54 -108.01

Competitive Comparison of Blender Bites's Net Margin %

For the Packaged Foods subindustry, Blender Bites'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.


Blender Bites's Net Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Blender Bites's Net Margin % distribution charts can be found below:

* The bar in red indicates where Blender Bites's Net Margin % falls into.



Blender Bites 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.

Blender Bites's Net Margin for the fiscal year that ended in Oct. 2023 is calculated as

Net Margin=Net Income (A: Oct. 2023 )/Revenue (A: Oct. 2023 )
=-8.484/3.339
=-254.09 %

Blender Bites'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 )
=-0.62/0.574
=-108.01 %

* 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.


Blender Bites  (XCNQ:BITE) 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.


Blender Bites Net Margin % Related Terms

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Blender Bites (XCNQ:BITE) Business Description

Traded in Other Exchanges
Address
1199 West Hastings Street, Suite 800, Vancouver, BC, CAN, V6E 3T5
Blender Bites Ltd is functional foods company which is focused on the manufacturing and distribution of natural and organic frozen smoothie products.
Executives
Chelsie Hodge 10% Security Holder, Director