Greenway Greenhouse Cannabis (XCNQ:GWAY) Net Margin % : -116.50% (As of Dec. 2023)

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What is Greenway Greenhouse Cannabis Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Greenway Greenhouse Cannabis's Net Income for the three months ended in Dec. 2023 was C$-1.62 Mil. Greenway Greenhouse Cannabis's Revenue for the three months ended in Dec. 2023 was C$1.39 Mil. Therefore, Greenway Greenhouse Cannabis's net margin for the quarter that ended in Dec. 2023 was -116.50%.

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

XCNQ:GWAY' s Net Margin % Range Over the Past 10 Years
Min: -147.33 Med: -96.84 Max: -46.35
Current: -96.74

XCNQ:GWAY's Net Margin % is ranked worse than
84.82% of 1021 companies
in the Drug Manufacturers industry
Industry Median: 3.69 vs XCNQ:GWAY: -96.74

Greenway Greenhouse Cannabis Net Margin % Historical Data

The historical data trend for Greenway Greenhouse Cannabis'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.

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Greenway Greenhouse Cannabis Net Margin % Chart

Greenway Greenhouse Cannabis Annual Data

Trend

Mar21

Mar22

Mar23

Net Margin %

-147.33

-46.35

Greenway Greenhouse Cannabis Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial								-35.84	-55.49	-112.32	-55.82	-116.50

Competitive Comparison of Greenway Greenhouse Cannabis's Net Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Greenway Greenhouse Cannabis'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.

Greenway Greenhouse Cannabis's Net Margin % Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Greenway Greenhouse Cannabis's Net Margin % falls into.

Greenway Greenhouse Cannabis 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.

Greenway Greenhouse Cannabis's Net Margin for the fiscal year that ended in Mar. 2023 is calculated as

Net Margin	=	Net Income (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	-2.606	/	5.622
	=	-46.35 %

Greenway Greenhouse Cannabis's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-1.617	/	1.388
	=	-116.50 %

Greenway Greenhouse Cannabis (XCNQ:GWAY) 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.

Greenway Greenhouse Cannabis Net Margin % Related Terms

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Greenway Greenhouse Cannabis (XCNQ:GWAY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Greenway Greenhouse Cannabis Corp (XCNQ:GWAY) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

GWAYF:USA

Address

1478 Seacliff Drive, Kingsville, ON, CAN, N9Y 2M2

Website

https://www.greenway.ca

Greenway Greenhouse Cannabis Corp is licensed to cultivate, process and sell to ensures harvests always consist of the highest quality cannabis strains with resinous flowers, trichomes, and rich cannabinoid profiles. The Company's nursery facility is located in Kingsville, Ontario, and its flowering and processing facility is located in Leamington, Ontario. The business model is to supply bulk packaged, high quality cannabis to the Canadian, cannabis industry at prices that ultimately provide a value proposition to the consumers. Greenway has three divisions with various locations; Greenway Nursery, Greenway Cultivation and future plans for Greenway Farmgate Retail Store.

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