Borealis Foods (Borealis Foods) Net Margin % : 0.00% (As of Dec. 2023)

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What is Borealis Foods Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Borealis Foods's Net Income for the six months ended in Dec. 2023 was $-2.94 Mil. Borealis Foods's Revenue for the six months ended in Dec. 2023 was $0.00 Mil. Therefore, Borealis Foods's net margin for the quarter that ended in Dec. 2023 was 0.00%.

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

BRLS's Net Margin % is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 3.3
* Ranked among companies with meaningful Net Margin % only.

Borealis Foods Net Margin % Historical Data

The historical data trend for Borealis Foods'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.

Borealis Foods Net Margin % Chart

Borealis Foods Annual Data

Trend

Dec21

Dec22

Dec23

Net Margin %

-74.24

Borealis Foods Semi-Annual Data
	Dec21	Dec22	Dec23
Net Margin %	-74.24	-	-

Competitive Comparison of Borealis Foods's Net Margin %

For the Packaged Foods subindustry, Borealis Foods'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.

Borealis Foods's Net Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Borealis Foods's Net Margin % distribution charts can be found below:

* The bar in red indicates where Borealis Foods's Net Margin % falls into.

Borealis Foods 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.

Borealis Foods'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 )
	=	-2.941	/	0
	=	%

Borealis Foods'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 )
	=	-2.941	/	0
	=	%

Borealis Foods (NAS:BRLS) 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.

Borealis Foods Net Margin % Related Terms

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Borealis Foods (Borealis Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Borealis Foods Inc (NAS:BRLS) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1540 Cornwall Road, Suite 104, Oakville, ON, CAN, L6J7W5

Website

https://www.borealisfoods.com

Borealis Foods Inc is a food technology company that has developed high-quality, affordable, sustainable, and nutritious ready-to-eat meals. It is a mission-driven company committed to utilizing its products to help solve national and global food security and nutrition challenges. Its commitment to nutrition, affordability and sustainability reflects its goal of positively impacting both human life and the planet. Through the development and launch of its ready-made ramen, featuring 20 grams of complete plant-based protein per serving, Borealis is developing advanced solutions to address global food challenges.

Borealis Foods (Borealis Foods) Headlines

From GuruFocus

Borealis Foods, a Rapidly Growing, Mission-Driven Food Tech Company, to Ring Nasdaq Closing Bell

By Business Wire • 02-14-2024