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Lucara Diamond (Lucara Diamond) Net Margin % : -100.39% (As of Dec. 2023)


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What is Lucara Diamond Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Lucara Diamond's Net Income for the three months ended in Dec. 2023 was $-36.7 Mil. Lucara Diamond's Revenue for the three months ended in Dec. 2023 was $36.5 Mil. Therefore, Lucara Diamond's net margin for the quarter that ended in Dec. 2023 was -100.39%.

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

LUCRF' s Net Margin % Range Over the Past 10 Years
Min: -20.98   Med: 14.09   Max: 34.78
Current: -11.29


LUCRF's Net Margin % is ranked worse than
60.86% of 861 companies
in the Metals & Mining industry
Industry Median: 0.28 vs LUCRF: -11.29

Lucara Diamond Net Margin % Historical Data

The historical data trend for Lucara Diamond'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.

Lucara Diamond Net Margin % Chart

Lucara Diamond Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.60 -20.98 10.36 18.99 -11.38

Lucara Diamond 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 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 16.73 2.23 12.15 18.52 -100.39

Competitive Comparison of Lucara Diamond's Net Margin %

For the Other Precious Metals & Mining subindustry, Lucara Diamond'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.


Lucara Diamond's Net Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lucara Diamond's Net Margin % distribution charts can be found below:

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



Lucara Diamond 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.

Lucara Diamond'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 )
=-20.191/177.371
=-11.38 %

Lucara Diamond'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 )
=-36.685/36.542
=-100.39 %

* 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.


Lucara Diamond  (OTCPK:LUCRF) 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.


Lucara Diamond Net Margin % Related Terms

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Lucara Diamond (Lucara Diamond) Business Description

Traded in Other Exchanges
Address
1250 Homer Street, 502, Vancouver, BC, CAN, V6B 2Y5
Lucara Diamond Corp is a diamond mining company engaged in the development and operations of diamond properties in Africa. Its business segment includes Karowe Mine, Corporate and other. The company earns the majority of its revenue from the Karowe Mine segment.

Lucara Diamond (Lucara Diamond) Headlines

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