Nano X Imaging (Nano X Imaging) Net Margin % : -427.53% (As of Dec. 2023)

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What is Nano X Imaging Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Nano X Imaging's Net Income for the three months ended in Dec. 2023 was $-10.25 Mil. Nano X Imaging's Revenue for the three months ended in Dec. 2023 was $2.40 Mil. Therefore, Nano X Imaging's net margin for the quarter that ended in Dec. 2023 was -427.53%.

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

NNOX' s Net Margin % Range Over the Past 10 Years
Min: -4739.11 Med: -1320.16 Max: -613.59
Current: -613.59

NNOX's Net Margin % is ranked worse than
89.83% of 816 companies
in the Medical Devices & Instruments industry
Industry Median: -0.21 vs NNOX: -613.59

Nano X Imaging Net Margin % Historical Data

The historical data trend for Nano X Imaging'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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Nano X Imaging Net Margin % Chart

Nano X Imaging Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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-4,739.11

-1,320.16

-613.59

Nano X Imaging Quarterly Data
	Dec18	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															-2,478.28	-480.63	-672.50	-863.37	-427.53

Competitive Comparison of Nano X Imaging's Net Margin %

For the Medical Devices subindustry, Nano X Imaging'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.

Nano X Imaging's Net Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Nano X Imaging's Net Margin % distribution charts can be found below:

* The bar in red indicates where Nano X Imaging's Net Margin % falls into.

Nano X Imaging 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.

Nano X Imaging'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 )
	=	-60.776	/	9.905
	=	-613.59 %

Nano X Imaging'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 )
	=	-10.248	/	2.397
	=	-427.53 %

Nano X Imaging (NAS:NNOX) 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.

Nano X Imaging Net Margin % Related Terms

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Nano X Imaging (Nano X Imaging) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Nano X Imaging Ltd (NAS:NNOX) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Communications Center, Neve Ilan, Jerusalem, ISR, 9085000

Website

https://www.nanox.vision

Nano X Imaging Ltd is engaged in the business of manufacturing medical imaging systems. It offers a Nanox System which is a combination of hardware and software. It develops a prototype of the Nanox.ARC, a medical imaging system incorporating its novel digital X-ray source; and Nanox.CLOUD, a companion cloud-based software that will allow for the delivery of medical screening as a service.