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The Very Good Food Co (TSXV:VERY.H) Net Margin % : -87.19% (As of Sep. 2022)


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What is The Very Good Food Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. The Very Good Food Co's Net Income for the three months ended in Sep. 2022 was C$-1.53 Mil. The Very Good Food Co's Revenue for the three months ended in Sep. 2022 was C$1.76 Mil. Therefore, The Very Good Food Co's net margin for the quarter that ended in Sep. 2022 was -87.19%.

The historical rank and industry rank for The Very Good Food Co's Net Margin % or its related term are showing as below:


TSXV:VERY.H's Net Margin % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 3.21
* Ranked among companies with meaningful Net Margin % only.

The Very Good Food Co Net Margin % Historical Data

The historical data trend for The Very Good Food Co'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.

The Very Good Food Co Net Margin % Chart

The Very Good Food Co Annual Data
Trend Dec19 Dec20 Dec21
Net Margin %
-234.20 -298.88 -445.06

The Very Good Food Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -540.22 -310.10 -474.38 -446.30 -87.19

Competitive Comparison of The Very Good Food Co's Net Margin %

For the Packaged Foods subindustry, The Very Good Food Co'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.


The Very Good Food Co's Net Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Very Good Food Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where The Very Good Food Co's Net Margin % falls into.



The Very Good Food Co 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.

The Very Good Food Co's Net Margin for the fiscal year that ended in Dec. 2021 is calculated as

Net Margin=Net Income (A: Dec. 2021 )/Revenue (A: Dec. 2021 )
=-54.56/12.259
=-445.06 %

The Very Good Food Co's Net Margin for the quarter that ended in Sep. 2022 is calculated as

Net Margin=Net Income (Q: Sep. 2022 )/Revenue (Q: Sep. 2022 )
=-1.532/1.757
=-87.19 %

* 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.


The Very Good Food Co  (TSXV:VERY.H) 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.


The Very Good Food Co Net Margin % Related Terms

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The Very Good Food Co (TSXV:VERY.H) Business Description

Traded in Other Exchanges
N/A
Address
2748 Rupert Street, Vancouver, BC, CAN, V5M 3T7
The Very Good Food Co Inc operates in the food industry. The company is a food technology company that designs, develops, produces, distributes, and sells a variety of plant-based meat and other food alternatives.

The Very Good Food Co (TSXV:VERY.H) Headlines

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