GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Taiga Motors Corp (TSX:TAIG) » Definitions » Net Margin %
中文

Taiga Motors (TSX:TAIG) Net Margin % : -363.75% (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Taiga Motors Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Taiga Motors's Net Income for the three months ended in Dec. 2023 was C$-22.19 Mil. Taiga Motors's Revenue for the three months ended in Dec. 2023 was C$6.10 Mil. Therefore, Taiga Motors's net margin for the quarter that ended in Dec. 2023 was -363.75%.

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

TSX:TAIG' s Net Margin % Range Over the Past 10 Years
Min: -1852.93   Med: -1151.24   Max: -449.54
Current: -449.54


TSX:TAIG's Net Margin % is ranked worse than
97.27% of 1284 companies
in the Vehicles & Parts industry
Industry Median: 3.38 vs TSX:TAIG: -449.54

Taiga Motors Net Margin % Historical Data

The historical data trend for Taiga Motors'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.

Taiga Motors Net Margin % Chart

Taiga Motors Annual Data
Trend May17 May18 May19 May20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial - - - -1,852.93 -449.54

Taiga Motors Quarterly Data
May18 May19 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 -1,748.06 -751.13 -418.85 -479.84 -363.75

Competitive Comparison of Taiga Motors's Net Margin %

For the Recreational Vehicles subindustry, Taiga Motors'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.


Taiga Motors's Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Taiga Motors's Net Margin % distribution charts can be found below:

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



Taiga Motors 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.

Taiga Motors'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 )
=-72.498/16.127
=-449.54 %

Taiga Motors'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 )
=-22.189/6.1
=-363.75 %

* 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.


Taiga Motors  (TSX:TAIG) 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.


Taiga Motors Net Margin % Related Terms

Thank you for viewing the detailed overview of Taiga Motors's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Taiga Motors (TSX:TAIG) Business Description

Traded in Other Exchanges
Address
2695 Dollard Avenue, LaSalle, Montreal, QC, CAN, H8N 2J8
Taiga Motors Corp is a Canadian company focused on the production and delivery of all-electric vehicles. its activities of research and development, design, and marketing. Its product lineup includes electric snowmobiles and personal watercraft. Its geographic regions are Canada and the United states of America, and the majority of its revenue comes from Canada.

Taiga Motors (TSX:TAIG) Headlines

No Headlines