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Spetz (XCNQ:SPTZ) Net Margin % : -77.01% (As of Mar. 2024)


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What is Spetz Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Spetz's Net Income for the three months ended in Mar. 2024 was C$-0.57 Mil. Spetz's Revenue for the three months ended in Mar. 2024 was C$0.74 Mil. Therefore, Spetz's net margin for the quarter that ended in Mar. 2024 was -77.01%.

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

XCNQ:SPTZ' s Net Margin % Range Over the Past 10 Years
Min: -15180   Med: -732.19   Max: -362.05
Current: -362.05


XCNQ:SPTZ's Net Margin % is ranked worse than
94.39% of 2765 companies
in the Software industry
Industry Median: 1.78 vs XCNQ:SPTZ: -362.05

Spetz Net Margin % Historical Data

The historical data trend for Spetz'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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Spetz Net Margin % Chart

Spetz Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Dec23
Net Margin %
-15,180.00 -682.42 -781.95 - -388.84

Spetz Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 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 -201.55 -148.25 -138.31 -1,364.11 -77.01

Competitive Comparison of Spetz's Net Margin %

For the Software - Application subindustry, Spetz'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.


Spetz's Net Margin % Distribution in the Software Industry

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

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



Spetz 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.

Spetz'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 )
=-10.596/2.725
=-388.84 %

Spetz'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 )
=-0.566/0.735
=-77.01 %

* 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.


Spetz  (XCNQ:SPTZ) 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.


Spetz Net Margin % Related Terms

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Spetz (XCNQ:SPTZ) Business Description

Traded in Other Exchanges
Address
200 Cochrane Drive, Unit 1A, Markham, ON, CAN, L3R 8E7
Spetz Inc is a technology company that primarily operates Spetz, a global online, AIpowered marketplace platform that dynamically connects consumers to nearby top-rated service providers in as little as 30 seconds. Spetz currently operates in the United States, United Kingdom, Australia and Israel. The Company has launched two Spetz applications for both sides of the market; one for consumers and one for service providers (collectively the Spetz App). The Spetz App is available for download on the iOS App Store and Google Play Store.

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