Nextleaf Solutions (XCNQ:OILS) Net Margin % : 4.15% (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Nextleaf Solutions Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Nextleaf Solutions's Net Income for the three months ended in Dec. 2023 was C$0.13 Mil. Nextleaf Solutions's Revenue for the three months ended in Dec. 2023 was C$3.20 Mil. Therefore, Nextleaf Solutions's net margin for the quarter that ended in Dec. 2023 was 4.15%.

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

XCNQ:OILS' s Net Margin % Range Over the Past 10 Years
Min: -2790 Med: -159.37 Max: 2.73
Current: 2.01

XCNQ:OILS's Net Margin % is ranked worse than
54.8% of 1020 companies
in the Drug Manufacturers industry
Industry Median: 3.5 vs XCNQ:OILS: 2.01

Nextleaf Solutions Net Margin % Historical Data

The historical data trend for Nextleaf Solutions'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.

Nextleaf Solutions Net Margin % Chart

Nextleaf Solutions Annual Data

Trend

Mar17

Mar18

Sep19

Sep20

Sep21

Sep22

Sep23

Net Margin %

Get a 7-Day Free Trial

-861.65

-159.37

-79.07

2.73

Nextleaf Solutions Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial															-100.00	-47.09	-1.15	-	4.15

Competitive Comparison of Nextleaf Solutions's Net Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Nextleaf Solutions'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.

Nextleaf Solutions's Net Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Nextleaf Solutions's Net Margin % distribution charts can be found below:

* The bar in red indicates where Nextleaf Solutions's Net Margin % falls into.

Nextleaf Solutions 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.

Nextleaf Solutions's Net Margin for the fiscal year that ended in Sep. 2023 is calculated as

Net Margin	=	Net Income (A: Sep. 2023 )	/	Revenue (A: Sep. 2023 )
	=	0.223	/	8.18
	=	2.73 %

Nextleaf Solutions'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 )
	=	0.133	/	3.204
	=	4.15 %

Nextleaf Solutions (XCNQ:OILS) 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.

Nextleaf Solutions Net Margin % Related Terms

Thank you for viewing the detailed overview of Nextleaf Solutions's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Nextleaf Solutions (XCNQ:OILS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Nextleaf Solutions Ltd (XCNQ:OILS) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

OILFF:USA

Address

68 Water Street, Suite 304, Vancouver, BC, CAN, V6B 1A4

Website

https://www.nextleafsolutions.com

Nextleaf Solutions Ltd is is a Canadian cannabis extractor and processor, with a focus on developing intellectual property for the extraction, distillation formulation, and delivery of cannabinoids. The Company has a single reportable segment being the provision of goods and services to the cannabis industry in Canada. All the Company's revenues are generated in Canada. Revenue from sale of goods and services includes sales of bulk distillate, branded (Glacial Gold) vape pens, oils, and softgels (branded extract products), and private label which includes toll processing and other services. Majority being from Branded extract products.

Nextleaf Solutions (XCNQ:OILS) Headlines

No Headlines