Shiny Health & Wellness (TSXV:SNYB) Net Margin % : -139.41% (As of Oct. 2023)

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What is Shiny Health & Wellness Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Shiny Health & Wellness's Net Income for the three months ended in Oct. 2023 was C$-5.96 Mil. Shiny Health & Wellness's Revenue for the three months ended in Oct. 2023 was C$4.28 Mil. Therefore, Shiny Health & Wellness's net margin for the quarter that ended in Oct. 2023 was -139.41%.

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

TSXV:SNYB's Net Margin % is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median: 1.745
* Ranked among companies with meaningful Net Margin % only.

Shiny Health & Wellness Net Margin % Historical Data

The historical data trend for Shiny Health & Wellness'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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Shiny Health & Wellness Net Margin % Chart

Shiny Health & Wellness Annual Data

Trend

Jan22

Jan23

Net Margin %

-28.05

-43.34

Shiny Health & Wellness Quarterly Data
	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Net Margin %	Get a 7-Day Free Trial						-23.53	-131.77	-15.51	-33.96	-139.41

Competitive Comparison of Shiny Health & Wellness's Net Margin %

For the Pharmaceutical Retailers subindustry, Shiny Health & Wellness'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.

Shiny Health & Wellness's Net Margin % Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Shiny Health & Wellness's Net Margin % falls into.

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Shiny Health & Wellness 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.

Shiny Health & Wellness's Net Margin for the fiscal year that ended in Jan. 2023 is calculated as

Net Margin	=	Net Income (A: Jan. 2023 )	/	Revenue (A: Jan. 2023 )
	=	-12.831	/	29.606
	=	-43.34 %

Shiny Health & Wellness's Net Margin for the quarter that ended in Oct. 2023 is calculated as

Net Margin	=	Net Income (Q: Oct. 2023 )	/	Revenue (Q: Oct. 2023 )
	=	-5.964	/	4.278
	=	-139.41 %

Shiny Health & Wellness (TSXV:SNYB) 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.

Shiny Health & Wellness Net Margin % Related Terms

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Shiny Health & Wellness Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Shiny Health & Wellness Corp (TSXV:SNYB) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Frederick Street, Suite 700, Kitchener, ON, CAN, N2H 6M6

Website

https://shinyhealthandwellness.com

Shiny Health & Wellness Corp is on a mission to help people never settle, live fully by being a trusted source for health and wellness solutions and services. The company broadened its retail growth strategy beyond adult-use cannabis by establishing mihi Health & Wellness, a new line of business focused on building a network of community pharmacies across Ontario. It also operates ShinyBud Cannabis Co., a well-established brand in Ontario strategically located in markets less saturated with cannabis retailers.

Shiny Health & Wellness Headlines

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