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INX Digital Co (NEOE:INXD) Net Margin % : 338.18% (As of Mar. 2024)


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What is INX Digital Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. INX Digital Co's Net Income for the three months ended in Mar. 2024 was C$7.91 Mil. INX Digital Co's Revenue for the three months ended in Mar. 2024 was C$2.34 Mil. Therefore, INX Digital Co's net margin for the quarter that ended in Mar. 2024 was 338.18%.

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

NEOE:INXD' s Net Margin % Range Over the Past 10 Years
Min: -8461.33   Med: -74.65   Max: 1574.07
Current: -41.22


NEOE:INXD's Net Margin % is ranked worse than
81.52% of 2765 companies
in the Software industry
Industry Median: 1.78 vs NEOE:INXD: -41.22

INX Digital Co Net Margin % Historical Data

The historical data trend for INX Digital Co'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.

INX Digital Co Net Margin % Chart

INX Digital Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Margin %
- -8,461.33 1,574.07 -74.65

INX Digital Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net 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 -19.57 -459.47 -416.52 260.69 338.18

Competitive Comparison of INX Digital Co's Net Margin %

For the Software - Application subindustry, INX Digital Co'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.


INX Digital Co's Net Margin % Distribution in the Software Industry

For the Software industry and Technology sector, INX Digital Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where INX Digital Co's Net Margin % falls into.



INX Digital Co 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.

INX Digital Co'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 )
=-17.728/23.748
=-74.65 %

INX Digital Co's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=7.91/2.339
=338.18 %

* 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.


INX Digital Co  (NEOE:INXD) 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.


INX Digital Co Net Margin % Related Terms

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INX Digital Co (NEOE:INXD) Business Description

Traded in Other Exchanges
Address
550 Burrard Street, Suite 2900, Vancouver, BC, CAN, V6C 0A3
INX Digital Co Inc is engaged in offering regulated trading platforms for digital securities and cryptocurrencies. Its vision is to be the preferred global regulated hub for digital assets on the blockchain.
Executives
Shy Datika 10% Security Holder, Director, Senior Officer

INX Digital Co (NEOE:INXD) Headlines

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