Comet Industries (TSXV:CMU) Net Margin % : 23,475.61% (As of Oct. 2023)

Comet Industries Net Margin % Chart

Comet Industries Annual Data
	Trend	Jan14	Jan15	Jan16	Jan17	Jan18	Jan19	Jan20	Jan21	Jan22	Jan23
Net Margin %		Get a 7-Day Free Trial					6.27	9.69	-21.94	84.71	-19.87

Comet Industries Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Net Margin %	Get a 7-Day Free Trial															-28.29	-104.79	22.64	-116.94	23,475.61

Competitive Comparison of Comet Industries's Net Margin %

For the Real Estate Services subindustry, Comet Industries'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.

Comet Industries's Net Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Comet Industries's Net Margin % distribution charts can be found below:

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

Comet Industries 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.

Comet Industries's Net Margin for the fiscal year that ended in Jan. 2023 is calculated as

Comet Industries's Net Margin for the quarter that ended in Oct. 2023 is calculated as

* 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.

Comet Industries  (TSXV:CMU) 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.

Comet Industries Net Margin % Related Terms

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Comet Industries (TSXV:CMU) Business Description