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Wesana Health Holdings (XCNQ:WESA.X) Net Margin % : 0.00% (As of Mar. 2024)


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What is Wesana Health Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Wesana Health Holdings's Net Income for the three months ended in Mar. 2024 was C$-0.29 Mil. Wesana Health Holdings's Revenue for the three months ended in Mar. 2024 was C$0.00 Mil. Therefore, Wesana Health Holdings's net margin for the quarter that ended in Mar. 2024 was 0.00%.

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


XCNQ:WESA.X's Net Margin % is not ranked *
in the Biotechnology industry.
Industry Median: -151.78
* Ranked among companies with meaningful Net Margin % only.

Wesana Health Holdings Net Margin % Historical Data

The historical data trend for Wesana Health Holdings'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.

Wesana Health Holdings Net Margin % Chart

Wesana Health Holdings Annual Data
Trend Apr20 Apr21 Dec22 Dec23
Net Margin %
- - - -

Wesana Health Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - - - - -

Competitive Comparison of Wesana Health Holdings's Net Margin %

For the Biotechnology subindustry, Wesana Health Holdings'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.


Wesana Health Holdings's Net Margin % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Wesana Health Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Wesana Health Holdings's Net Margin % falls into.



Wesana Health Holdings 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.

Wesana Health Holdings'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 )
=-2.312/0
= %

Wesana Health Holdings'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 )
=-0.287/0
= %

* 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.


Wesana Health Holdings  (XCNQ:WESA.X) 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.


Wesana Health Holdings Net Margin % Related Terms

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Wesana Health Holdings (XCNQ:WESA.X) Business Description

Traded in Other Exchanges
Address
745 Thurlow Street, Suite 2400, Vancouver, BC, CAN, V6E 0C5
Wesana Health Holdings Inc is an emerging life sciences company championing the development and delivery of psychedelic and naturally-sourced therapies to treat traumatic brain injury. The Company is developing evidence-based formulations and protocols that empower patients to overcome neurological, psychological, and mental health ailments caused by trauma with the help of extensive clinical research and academic partnerships.

Wesana Health Holdings (XCNQ:WESA.X) Headlines

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