GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Planet 13 Holdings Inc (XCNQ:PLTH) » Definitions » Net Margin %

Planet 13 Holdings (XCNQ:PLTH) Net Margin % : -62.08% (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Planet 13 Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Planet 13 Holdings's Net Income for the three months ended in Dec. 2023 was C$-19.1 Mil. Planet 13 Holdings's Revenue for the three months ended in Dec. 2023 was C$30.8 Mil. Therefore, Planet 13 Holdings's net margin for the quarter that ended in Dec. 2023 was -62.08%.

The historical rank and industry rank for Planet 13 Holdings's Net Margin % or its related term are showing as below:

XCNQ:PLTH' s Net Margin % Range Over the Past 10 Years
Min: -74.91   Med: -43.07   Max: -18.8
Current: -74.91


XCNQ:PLTH's Net Margin % is ranked worse than
83.14% of 1020 companies
in the Drug Manufacturers industry
Industry Median: 3.765 vs XCNQ:PLTH: -74.91

Planet 13 Holdings Net Margin % Historical Data

The historical data trend for Planet 13 Holdings'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.

Planet 13 Holdings Net Margin % Chart

Planet 13 Holdings Annual Data
Trend Jun16 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial -19.35 -35.48 -18.80 -56.94 -74.73

Planet 13 Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -169.42 -34.04 -17.87 -186.60 -62.08

Competitive Comparison of Planet 13 Holdings's Net Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Planet 13 Holdings'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.


Planet 13 Holdings's Net Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Planet 13 Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Planet 13 Holdings's Net Margin % falls into.



Planet 13 Holdings 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.

Planet 13 Holdings's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-98.754/132.154
=-74.73 %

Planet 13 Holdings'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 )
=-19.129/30.815
=-62.08 %

* 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.


Planet 13 Holdings  (XCNQ:PLTH) 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.


Planet 13 Holdings Net Margin % Related Terms

Thank you for viewing the detailed overview of Planet 13 Holdings's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Planet 13 Holdings (XCNQ:PLTH) Business Description

Traded in Other Exchanges
Address
2548 West Desert Inn Road, Las Vegas, NV, USA, 89109
Planet 13 Holdings Inc operates as an integrated cannabis company based in Nevada, with cultivation, production, and dispensary operations in Las Vegas. The company is focused on providing an unparalleled dispensary experience and optimizing cultivation efficiencies through its technology as the vanguard of cannabis.

Planet 13 Holdings (XCNQ:PLTH) Headlines

No Headlines