Glass House Brands (Glass House Brands) Net Margin %

: -87.93% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Glass House Brands's Net Income for the three months ended in Dec. 2023 was $-34.3 Mil. Glass House Brands's Revenue for the three months ended in Dec. 2023 was $39.0 Mil. Therefore, Glass House Brands's net margin for the quarter that ended in Dec. 2023 was -87.93%.

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

GLASF' s Net Margin % Range Over the Past 10 Years
Min: -68.21 Med: -49.94 Max: -34.52
Current: -61.1

GLASF's Net Margin % is ranked worse than
81.45% of 1019 companies
in the Drug Manufacturers industry
Industry Median: 3.77 vs GLASF: -61.10

Glass House Brands Net Margin % Historical Data

The historical data trend for Glass House Brands'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.

Glass House Brands Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Net Margin %

-34.52

-68.21

-38.77

-61.10

Glass House Brands Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial											-53.90	-133.46	-55.98	-0.57	-87.93

Competitive Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Glass House Brands'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.

Glass House Brands Net Margin % Distribution

For the Drug Manufacturers industry and Healthcare sector, Glass House Brands's Net Margin % distribution charts can be found below:

* The bar in red indicates where Glass House Brands's Net Margin % falls into.

Glass House Brands 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.

Glass House Brands'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 )
	=	-98.269	/	160.836
	=	-61.10 %

Glass House Brands'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 )
	=	-34.259	/	38.962
	=	-87.93 %

Glass House Brands (OTCPK:GLASF) 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.

Glass House Brands Net Margin % Related Terms

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Glass House Brands (Glass House Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Glass House Brands Inc (OTCPK:GLASF) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

4KF0:Germany GLAS.A.U:Canada

Address

3645 Long Beach Boulevard, Long Beach, CA, USA, 90807

Website

https://www.glasshousegroup.com

Glass House Brands Inc is a vertically integrated cannabis and hemp company with a focus on the California market. Its portfolio of brands includes Glass House Farms, Forbidden Flowers, and Mama Sue Wellness.