GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » NorthStar Gaming Holdings Inc (TSXV:BET) » Definitions » Operating Margin %

NorthStar Gaming Holdings (TSXV:BET) Operating Margin % : -134.97% (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is NorthStar Gaming Holdings Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. NorthStar Gaming Holdings's Operating Income for the three months ended in Dec. 2023 was C$-8.71 Mil. NorthStar Gaming Holdings's Revenue for the three months ended in Dec. 2023 was C$6.45 Mil. Therefore, NorthStar Gaming Holdings's Operating Margin % for the quarter that ended in Dec. 2023 was -134.97%.

The historical rank and industry rank for NorthStar Gaming Holdings's Operating Margin % or its related term are showing as below:

TSXV:BET' s Operating Margin % Range Over the Past 10 Years
Min: -137.21   Med: -137.21   Max: -134.26
Current: -134.26


TSXV:BET's Operating Margin % is ranked worse than
90.67% of 579 companies
in the Interactive Media industry
Industry Median: 0.77 vs TSXV:BET: -134.26

NorthStar Gaming Holdings's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

NorthStar Gaming Holdings's Operating Income for the three months ended in Dec. 2023 was C$-8.71 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was C$-26.07 Mil.


NorthStar Gaming Holdings Operating Margin % Historical Data

The historical data trend for NorthStar Gaming Holdings's Operating 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.

NorthStar Gaming Holdings Operating Margin % Chart

NorthStar Gaming Holdings Annual Data
Trend Jun22 Dec23
Operating Margin %
- -137.21

NorthStar Gaming Holdings Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % - -235.87 -98.92 -89.13 -134.97

Competitive Comparison of NorthStar Gaming Holdings's Operating Margin %

For the Electronic Gaming & Multimedia subindustry, NorthStar Gaming Holdings's Operating Margin %, along with its competitors' market caps and Operating 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.


NorthStar Gaming Holdings's Operating Margin % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, NorthStar Gaming Holdings's Operating Margin % distribution charts can be found below:

* The bar in red indicates where NorthStar Gaming Holdings's Operating Margin % falls into.



NorthStar Gaming Holdings Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

NorthStar Gaming Holdings's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=-26.636 / 19.413
=-137.21 %

NorthStar Gaming Holdings's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=-8.707 / 6.451
=-134.97 %

* 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.


NorthStar Gaming Holdings  (TSXV:BET) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


NorthStar Gaming Holdings Operating Margin % Related Terms

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


NorthStar Gaming Holdings (TSXV:BET) Business Description

Traded in Other Exchanges
Address
220 King Street West, Suite 200, Toronto, ON, CAN, M5V 3M2
NorthStar Gaming Holdings Inc owns and operates a casino and sportsbook gaming platform. This segment's gaming revenue is primarily generated from the proceeds from the Company's online casino and sportsbook.
Executives
Corey Goodman Senior Officer

NorthStar Gaming Holdings (TSXV:BET) Headlines

No Headlines