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WELL Health Technologies (TSX:WELL) Net Margin % : 12.03% (As of Dec. 2023)


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What is WELL Health Technologies Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. WELL Health Technologies's Net Income for the three months ended in Dec. 2023 was C$27.8 Mil. WELL Health Technologies's Revenue for the three months ended in Dec. 2023 was C$231.2 Mil. Therefore, WELL Health Technologies's net margin for the quarter that ended in Dec. 2023 was 12.03%.

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

TSX:WELL' s Net Margin % Range Over the Past 10 Years
Min: -205.26   Med: -14.61   Max: 0.24
Current: 0.01


TSX:WELL's Net Margin % is ranked worse than
56.92% of 650 companies
in the Healthcare Providers & Services industry
Industry Median: 1.66 vs TSX:WELL: 0.01

WELL Health Technologies Net Margin % Historical Data

The historical data trend for WELL Health Technologies'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.

WELL Health Technologies Net Margin % Chart

WELL Health Technologies Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -23.83 -7.41 -14.61 0.24 0.01

WELL Health Technologies 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 13.18 -8.47 -3.37 -3.72 12.03

Competitive Comparison of WELL Health Technologies's Net Margin %

For the Medical Care Facilities subindustry, WELL Health Technologies'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.


WELL Health Technologies's Net Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, WELL Health Technologies's Net Margin % distribution charts can be found below:

* The bar in red indicates where WELL Health Technologies's Net Margin % falls into.



WELL Health Technologies 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.

WELL Health Technologies'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 )
=0.082/776.054
=0.01 %

WELL Health Technologies'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 )
=27.813/231.246
=12.03 %

* 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.


WELL Health Technologies  (TSX:WELL) 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.


WELL Health Technologies Net Margin % Related Terms

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WELL Health Technologies (TSX:WELL) Business Description

Traded in Other Exchanges
Address
375 Water Street, Suite 550, Vancouver, BC, CAN, V6B 5C6
WELL Health Technologies Corp is the owner and operator of a portfolio of Primary Hclinics delivering healthcare-related services It operates through below segments: clinical operations and allied health, Electronic medical record (EMR), Billing and revenue cycle management solutions, Digital apps, Cybersecurity, CRH, MyHealth, and corporate/shared services. Its segments are grouped into three divisions; Omni-channel Patient Services - Primary includes clinical operations and allied health. Omni-channel Patient Services - Specialized comprises CRH and MyHealth under two segments. Virtual Services include EMR, billing and revenue cycle management solutions, digital apps, and cybersecurity.

WELL Health Technologies (TSX:WELL) Headlines