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Shiny Health & Wellness (TSXV:SNYB) Operating Margin % : -16.15% (As of Oct. 2023)


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What is Shiny Health & Wellness Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Shiny Health & Wellness's Operating Income for the three months ended in Oct. 2023 was C$-0.69 Mil. Shiny Health & Wellness's Revenue for the three months ended in Oct. 2023 was C$4.28 Mil. Therefore, Shiny Health & Wellness's Operating Margin % for the quarter that ended in Oct. 2023 was -16.15%.

The historical rank and industry rank for Shiny Health & Wellness's Operating Margin % or its related term are showing as below:

TSXV:SNYB' s Operating Margin % Range Over the Past 10 Years
Min: -15.31   Med: -10.89   Max: -6.5
Current: -15.31


TSXV:SNYB's Operating Margin % is ranked worse than
76.89% of 649 companies
in the Healthcare Providers & Services industry
Industry Median: 3.87 vs TSXV:SNYB: -15.31

Shiny Health & Wellness's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Shiny Health & Wellness's Operating Income for the three months ended in Oct. 2023 was C$-0.69 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Oct. 2023 was C$-3.63 Mil.


Shiny Health & Wellness Operating Margin % Historical Data

The historical data trend for Shiny Health & Wellness'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.

Shiny Health & Wellness Operating Margin % Chart

Shiny Health & Wellness Annual Data
Trend Jan22 Jan23
Operating Margin %
-6.50 -15.28

Shiny Health & Wellness Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -9.67 -21.05 -9.80 -14.07 -16.15

Competitive Comparison of Shiny Health & Wellness's Operating Margin %

For the Pharmaceutical Retailers subindustry, Shiny Health & Wellness'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.


Shiny Health & Wellness's Operating Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Shiny Health & Wellness's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Shiny Health & Wellness's Operating Margin % falls into.



Shiny Health & Wellness 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.

Shiny Health & Wellness's Operating Margin % for the fiscal year that ended in Jan. 2023 is calculated as

Operating Margin %=Operating Income (A: Jan. 2023 ) / Revenue (A: Jan. 2023 )
=-4.524 / 29.606
=-15.28 %

Shiny Health & Wellness's Operating Margin % for the quarter that ended in Oct. 2023 is calculated as

Operating Margin %=Operating Income (Q: Oct. 2023 ) / Revenue (Q: Oct. 2023 )
=-0.691 / 4.278
=-16.15 %

* 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.


Shiny Health & Wellness  (TSXV:SNYB) 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.


Shiny Health & Wellness Operating Margin % Related Terms

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Shiny Health & Wellness (TSXV:SNYB) Business Description

Traded in Other Exchanges
N/A
Address
22 Frederick Street, Suite 700, Kitchener, ON, CAN, N2H 6M6
Shiny Health & Wellness Corp is on a mission to help people never settle, live fully by being a trusted source for health and wellness solutions and services. The company broadened its retail growth strategy beyond adult-use cannabis by establishing mihi Health & Wellness, a new line of business focused on building a network of community pharmacies across Ontario. It also operates ShinyBud Cannabis Co., a well-established brand in Ontario strategically located in markets less saturated with cannabis retailers.

Shiny Health & Wellness (TSXV:SNYB) Headlines

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