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TruTrace Technologies (XCNQ:TTT) Profitability Rank : 0 (As of Jan. 2023)


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What is TruTrace Technologies Profitability Rank?

TruTrace Technologies has the Profitability Rank of 0.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

TruTrace Technologies's Operating Margin % for the quarter that ended in Jan. 2023 was -480.77%. As of today, TruTrace Technologies's Piotroski F-Score is 0.


Competitive Comparison of TruTrace Technologies's Profitability Rank

For the Software - Application subindustry, TruTrace Technologies's Profitability Rank, along with its competitors' market caps and Profitability Rank 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.


TruTrace Technologies's Profitability Rank Distribution in the Software Industry

For the Software industry and Technology sector, TruTrace Technologies's Profitability Rank distribution charts can be found below:

* The bar in red indicates where TruTrace Technologies's Profitability Rank falls into.



TruTrace Technologies Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

TruTrace Technologies has the Profitability Rank of 0.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

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.

TruTrace Technologies's Operating Margin % for the quarter that ended in Jan. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Jan. 2023 ) / Revenue (Q: Jan. 2023 )
=-0.125 / 0.026
=-480.77 %

* 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.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

TruTrace Technologies has an F-score of 0. It is a bad or low score, which usually implies poor business operation.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

4. Consistency of the profitability

5. Predictability Rank


TruTrace Technologies Profitability Rank Related Terms

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TruTrace Technologies (XCNQ:TTT) Business Description

Traded in Other Exchanges
Address
61 Regal Road, Toronto, ON, CAN, M6H 2J6
TruTrace Technologies Inc is the developer of fully integrated software, secured on a blockchain infrastructure, that gives clients' the ability to store, manage, share and immediately access quality assurance and testing details, COAs, as well as motion and movement intelligence on inventory. The platform was specifically designed to power the traceability of testing standards within the legal cannabis, nutraceutical, food and pharmaceutical space with a focus on the authentication of source materials or ingredients used in formulation.
Executives
Michael Kraft Director

TruTrace Technologies (XCNQ:TTT) Headlines

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