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Mirriad Advertising (LSE:MIRI) Net Margin % : -1,209.63% (As of Jun. 2023)


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What is Mirriad Advertising Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Mirriad Advertising's Net Income for the six months ended in Jun. 2023 was £-7.16 Mil. Mirriad Advertising's Revenue for the six months ended in Jun. 2023 was £0.59 Mil. Therefore, Mirriad Advertising's net margin for the quarter that ended in Jun. 2023 was -1,209.63%.

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

LSE:MIRI' s Net Margin % Range Over the Past 10 Years
Min: -3444.47   Med: -1005.77   Max: -415.41
Current: -927


LSE:MIRI's Net Margin % is ranked worse than
98.36% of 1039 companies
in the Media - Diversified industry
Industry Median: 1.53 vs LSE:MIRI: -927.00

Mirriad Advertising Net Margin % Historical Data

The historical data trend for Mirriad Advertising'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.

Mirriad Advertising Net Margin % Chart

Mirriad Advertising Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
Get a 7-Day Free Trial -3,444.47 -1,060.96 -415.41 -545.87 -1,002.06

Mirriad Advertising Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 -519.88 -580.39 -1,413.00 -747.10 -1,209.63

Competitive Comparison of Mirriad Advertising's Net Margin %

For the Advertising Agencies subindustry, Mirriad Advertising'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.


Mirriad Advertising's Net Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Mirriad Advertising's Net Margin % distribution charts can be found below:

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



Mirriad Advertising 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.

Mirriad Advertising's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=-15.101/1.507
=-1,002.06 %

Mirriad Advertising's Net Margin for the quarter that ended in Jun. 2023 is calculated as

Net Margin=Net Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=-7.161/0.592
=-1,209.63 %

* 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.


Mirriad Advertising  (LSE:MIRI) 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.


Mirriad Advertising Net Margin % Related Terms

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Mirriad Advertising (LSE:MIRI) Business Description

Traded in Other Exchanges
Address
One London Wall, 6th Floor, London, GBR, EC2Y 5EB
Mirriad Advertising PLC provides an in-content advertising platform. Its artificial intelligence (AI) based platform is a solution for in-content advertising and virtual product placement. Geographically, it derives the majority of its revenue from the United States and has a presence in the UK, China, and other countries.

Mirriad Advertising (LSE:MIRI) Headlines

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