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Geomega Resources (TSXV:GMA) Operating Margin % : 246.63% (As of May. 2024)


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What is Geomega Resources Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Geomega Resources's Operating Income for the three months ended in May. 2024 was C$-0.99 Mil. Geomega Resources's Revenue for the three months ended in May. 2024 was C$-0.40 Mil. Therefore, Geomega Resources's Operating Margin % for the quarter that ended in May. 2024 was 246.63%.

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

TSXV:GMA' s Operating Margin % Range Over the Past 10 Years
Min: -1108.33   Med: -1108.33   Max: 213500
Current: 213500


TSXV:GMA's Operating Margin % is ranked better than
99.88% of 863 companies
in the Metals & Mining industry
Industry Median: 2.41 vs TSXV:GMA: 213500.00

Geomega Resources's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Geomega Resources's Operating Income for the three months ended in May. 2024 was C$-0.99 Mil. Its Operating Income for the trailing twelve months (TTM) ended in May. 2024 was C$-2.14 Mil.


Geomega Resources Operating Margin % Historical Data

The historical data trend for Geomega Resources'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.

Geomega Resources Operating Margin % Chart

Geomega Resources Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -1,108.33 - -

Geomega Resources Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
Operating 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 220.73 -320.16 -158.88 -689.47 246.63

Competitive Comparison of Geomega Resources's Operating Margin %

For the Other Industrial Metals & Mining subindustry, Geomega Resources'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.


Geomega Resources's Operating Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Geomega Resources's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Geomega Resources's Operating Margin % falls into.



Geomega Resources 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.

Geomega Resources's Operating Margin % for the fiscal year that ended in May. 2024 is calculated as

Operating Margin %=Operating Income (A: May. 2024 ) / Revenue (A: May. 2024 )
=-2.114 / 0
= %

Geomega Resources's Operating Margin % for the quarter that ended in May. 2024 is calculated as

Operating Margin %=Operating Income (Q: May. 2024 ) / Revenue (Q: May. 2024 )
=-0.989 / -0.401
=246.63 %

* 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.


Geomega Resources  (TSXV:GMA) 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.


Geomega Resources Operating Margin % Related Terms

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


Geomega Resources Business Description

Traded in Other Exchanges
Address
75 Boulevard de Mortagne, Boucherville, QC, CAN, J4B 6Y4
Geomega Resources Inc is engaged in the acquisition, exploration, and evaluation of mining properties in Canada. It primarily explores for rare earth elements and niobium deposits. It holds an interest in Montviel property on the discovery and development of deposits of metals in Quebec. The Montviel property is located approximately 100 kilometers north of Lebel-sur-Quevillon and Buckingham property.
Executives
Mathieu Bourdeau Senior Officer