EcoSynthetix (EcoSynthetix) Net Margin % : -20.58% (As of Dec. 2023)

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What is EcoSynthetix Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. EcoSynthetix's Net Income for the three months ended in Dec. 2023 was $-0.59 Mil. EcoSynthetix's Revenue for the three months ended in Dec. 2023 was $2.84 Mil. Therefore, EcoSynthetix's net margin for the quarter that ended in Dec. 2023 was -20.58%.

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

ECSNF' s Net Margin % Range Over the Past 10 Years
Min: -98.88 Med: -19.93 Max: -7.88
Current: -22.27

ECSNF's Net Margin % is ranked worse than
92.37% of 1533 companies
in the Chemicals industry
Industry Median: 4.26 vs ECSNF: -22.27

EcoSynthetix Net Margin % Historical Data

The historical data trend for EcoSynthetix'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.

EcoSynthetix Net Margin % Chart

EcoSynthetix Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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-7.88

-17.58

-17.51

-12.48

-22.28

EcoSynthetix Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial															-11.61	-32.27	-33.18	-7.05	-20.58

Competitive Comparison of EcoSynthetix's Net Margin %

For the Specialty Chemicals subindustry, EcoSynthetix'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.

EcoSynthetix's Net Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, EcoSynthetix's Net Margin % distribution charts can be found below:

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

EcoSynthetix 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.

EcoSynthetix'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 )
	=	-2.821	/	12.66
	=	-22.28 %

EcoSynthetix'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 )
	=	-0.585	/	2.843
	=	-20.58 %

EcoSynthetix (OTCPK:ECSNF) 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.

EcoSynthetix Net Margin % Related Terms

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EcoSynthetix (EcoSynthetix) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » EcoSynthetix Inc (OTCPK:ECSNF) » Definitions » Net Margin %

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ECO:Canada

Address

3365 Mainway, Burlington, ON, CAN, L7M 1A6

Website

http://www.ecosynthetix.com

EcoSynthetix Inc is a renewable chemicals company. It is engaged in the development and commercialization of ecologically friendly bio-based technologies as replacement solutions for synthetic, petrochemical-based adhesives and other related products. The company operates in one reportable segment and generates revenue primarily from its biopolymer nanosphere technology platform. Its products include EcoSphere biolatex and DuraBindTM biopolymers. EcoSphere biolatex binders are used by manufacturers within the coated paper and paperboard industry, whereas the DuraBindTM is used in the production of wood composite panels. Geographically it has a business presence in the America, Africa (EMEA), and the Asia Pacific.