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MetaWorks Platforms (XCNQ:MWRK) Net Margin % : 0.00% (As of Mar. 2024)


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What is MetaWorks Platforms Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. MetaWorks Platforms's Net Income for the three months ended in Mar. 2024 was C$-0.73 Mil. MetaWorks Platforms's Revenue for the three months ended in Mar. 2024 was C$0.00 Mil. Therefore, MetaWorks Platforms's net margin for the quarter that ended in Mar. 2024 was 0.00%.

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

XCNQ:MWRK' s Net Margin % Range Over the Past 10 Years
Min: -4819.7   Med: -1600.33   Max: -93.4
Current: -1540.79


XCNQ:MWRK's Net Margin % is ranked worse than
97.54% of 2760 companies
in the Software industry
Industry Median: 1.85 vs XCNQ:MWRK: -1540.79

MetaWorks Platforms Net Margin % Historical Data

The historical data trend for MetaWorks Platforms'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.

MetaWorks Platforms Net Margin % Chart

MetaWorks Platforms Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,840.43 -2,115.23 -4,821.03 -338.37 -1,360.86

MetaWorks Platforms Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -974.47 -310.35 -141.77 3,549.35 -

Competitive Comparison of MetaWorks Platforms's Net Margin %

For the Software - Application subindustry, MetaWorks Platforms'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.


MetaWorks Platforms's Net Margin % Distribution in the Software Industry

For the Software industry and Technology sector, MetaWorks Platforms's Net Margin % distribution charts can be found below:

* The bar in red indicates where MetaWorks Platforms's Net Margin % falls into.



MetaWorks Platforms 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.

MetaWorks Platforms'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 )
=-7.58/0.557
=-1,360.86 %

MetaWorks Platforms's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-0.731/0
= %

* 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.


MetaWorks Platforms  (XCNQ:MWRK) 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.


MetaWorks Platforms Net Margin % Related Terms

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MetaWorks Platforms (XCNQ:MWRK) Business Description

Traded in Other Exchanges
Address
3250 Oakland Hills Court, Fairfield, CA, USA, 94534
MetaWorks Platforms Inc is a full-service blockchain and web development platform provider. The Company's business model is to provide a turnkey set of services to develop and integrate Web 3.0 / Metaverse technologies, NFT, blockchain, and cryptocurrency technologies. It offers a set of services for companies to develop and integrate blockchain and payment technologies into their business operations. It builds and operates FinTech Platforms-as-a-Service for digital currencies, digital securities tokens, and digital assets. The firm generates the majority of its revenue from the sale of movie rights.

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