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Predictmedix AI (XCNQ:PMED) Net Margin % : 0.00% (As of Jul. 2024)


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What is Predictmedix AI Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Predictmedix AI's Net Income for the three months ended in Jul. 2024 was C$-0.26 Mil. Predictmedix AI's Revenue for the three months ended in Jul. 2024 was C$0.00 Mil. Therefore, Predictmedix AI's net margin for the quarter that ended in Jul. 2024 was 0.00%.

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


XCNQ:PMED's Net Margin % is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: -1.28
* Ranked among companies with meaningful Net Margin % only.

Predictmedix AI Net Margin % Historical Data

The historical data trend for Predictmedix AI'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.

Predictmedix AI Net Margin % Chart

Predictmedix AI Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23
Net Margin %
- - - -1,394.07 -5,908.57

Predictmedix AI Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Jul23 Oct23 Jul24
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 -11,475.00 -18,480.00 - - -

Competitive Comparison of Predictmedix AI's Net Margin %

For the Medical Devices subindustry, Predictmedix AI'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.


Predictmedix AI's Net Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Predictmedix AI's Net Margin % distribution charts can be found below:

* The bar in red indicates where Predictmedix AI's Net Margin % falls into.



Predictmedix AI 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.

Predictmedix AI's Net Margin for the fiscal year that ended in Jan. 2023 is calculated as

Net Margin=Net Income (A: Jan. 2023 )/Revenue (A: Jan. 2023 )
=-2.068/0.035
=-5,908.57 %

Predictmedix AI's Net Margin for the quarter that ended in Jul. 2024 is calculated as

Net Margin=Net Income (Q: Jul. 2024 )/Revenue (Q: Jul. 2024 )
=-0.258/0
= %

* 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.


Predictmedix AI  (XCNQ:PMED) 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.


Predictmedix AI Net Margin % Related Terms

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Predictmedix AI Business Description

Traded in Other Exchanges
Address
77 King Street West, Suite 3000, Toronto, ON, CAN, M5K 1G8
Predictmedix AI Inc provides rapid health screening and remote patient care solutions globally. The company's Safe Entry Stations are powered by a proprietary artificial intelligence (AI) that uses multispectral cameras to analyze physiological data patterns and predict a variety of health issues including infectious diseases such as COVID-19, impairment by drugs or alcohol, fatigue or various mental illnesses.

Predictmedix AI Headlines

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