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Trutankless (Trutankless) Net Margin % : -24,400.00% (As of Sep. 2023)


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What is Trutankless Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Trutankless's Net Income for the three months ended in Sep. 2023 was $-0.73 Mil. Trutankless's Revenue for the three months ended in Sep. 2023 was $0.00 Mil. Therefore, Trutankless's net margin for the quarter that ended in Sep. 2023 was -24,400.00%.

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

TKLS' s Net Margin % Range Over the Past 10 Years
Min: -7065.04   Med: -761.16   Max: -229.91
Current: -5417.31


TKLS's Net Margin % is ranked worse than
99.63% of 2462 companies
in the Hardware industry
Industry Median: 2.845 vs TKLS: -5417.31

Trutankless Net Margin % Historical Data

The historical data trend for Trutankless'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.

Trutankless Net Margin % Chart

Trutankless Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -229.91 -256.31 -636.18 -7,065.04 -6,364.38

Trutankless Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -18,820.00 -1,789.58 -72,200.00 - -24,400.00

Competitive Comparison of Trutankless's Net Margin %

For the Consumer Electronics subindustry, Trutankless'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.


Trutankless's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Trutankless's Net Margin % distribution charts can be found below:

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



Trutankless 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.

Trutankless'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 )
=-4.646/0.073
=-6,364.38 %

Trutankless's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin=Net Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-0.732/0.003
=-24,400.00 %

* 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.


Trutankless  (OTCPK:TKLS) 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.


Trutankless Net Margin % Related Terms

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Trutankless (Trutankless) Business Description

Traded in Other Exchanges
N/A
Address
15900 North 78th Street, Suite 200, Scottsdale, AZ, USA, 85260
Trutankless Inc is engaged in manufacturing electric tankless water heaters that far surpasses traditional tank water heaters in energy efficiency, output, dependability, and environmental sustainability. The company anticipates its second generation Trutankless water heaters, with Wi-Fi, Bluetooth, and Zigbee capabilities to help modernize the water heating industry. The Trutankless brand mission is to apply smart engineering to forward-thinking technologies that save customers money, energy, and space.
Executives
Buit Right Holdings, Llc 10 percent owner 8790 E. VIA DE VENTURA, SUITE 4640, SCOTTSDALE AZ 85258
Michael Stebbins director 14646 N KIERLAND BLVD, SUITE 270, SCOTTSDALE AZ 85254
Robertson J Orr director, officer: President & CEO 14646 N KIERLAND BLVD, SUITE 270, SCOTTSDALE AZ 85254