BEACN Wizardry & Magic (TSXV:BECN) Net Margin %

: -70.12% (As of Sep. 2023)

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Net margin is calculated as Net Income divided by its Revenue. BEACN Wizardry & Magic's Net Income for the three months ended in Sep. 2023 was C$-0.62 Mil. BEACN Wizardry & Magic's Revenue for the three months ended in Sep. 2023 was C$0.89 Mil. Therefore, BEACN Wizardry & Magic's net margin for the quarter that ended in Sep. 2023 was -70.12%.

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

TSXV:BECN' s Net Margin % Range Over the Past 10 Years
Min: -86.54 Med: -10.43 Max: -10.43
Current: -86.54

TSXV:BECN's Net Margin % is ranked worse than
94.39% of 2462 companies
in the Hardware industry
Industry Median: 2.815 vs TSXV:BECN: -86.54

BEACN Wizardry & Magic Net Margin % Historical Data

The historical data trend for BEACN Wizardry & Magic'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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BEACN Wizardry & Magic Annual Data

Trend

Dec20

Dec21

Dec22

Net Margin %

-10.43

BEACN Wizardry & Magic Quarterly Data
	Nov20	Feb21	May21	Aug21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Net Margin %								-27.79	-87.47	-88.33	-112.32	-70.12

Competitive Comparison

For the Consumer Electronics subindustry, BEACN Wizardry & Magic'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.

BEACN Wizardry & Magic Net Margin % Distribution

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

* The bar in red indicates where BEACN Wizardry & Magic's Net Margin % falls into.

BEACN Wizardry & Magic 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.

BEACN Wizardry & Magic'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 )
	=	-0.451	/	4.325
	=	-10.43 %

BEACN Wizardry & Magic'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 )
	=	-0.622	/	0.887
	=	-70.12 %

BEACN Wizardry & Magic (TSXV:BECN) 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.

BEACN Wizardry & Magic Net Margin % Related Terms

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BEACN Wizardry & Magic (TSXV:BECN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » BEACN Wizardry & Magic Inc (TSXV:BECN) » Definitions » Net Margin %

Traded in Other Exchanges

N/A

Address

3450 Uptown Boulevard, Suite 301, Victoria, BC, CAN, V8Z 0B9

Website

BEACN Wizardry & Magic Inc develops innovative audio equipment, peripherals, and technology for gamers, live streamers, and content creators. The group delivers premium products that produce studio-quality content. Its product portfolio consists of Beacn Mic, Beacn Mix, and?Beacn Mix Create. The group has two reportable geographic segments namely North America and Other.