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Cardeon AB (NGM:CARDEO) Net Margin % : -1,530.87% (As of Dec. 2023)


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What is Cardeon AB Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Cardeon AB's Net Income for the six months ended in Dec. 2023 was kr-51.38 Mil. Cardeon AB's Revenue for the six months ended in Dec. 2023 was kr3.36 Mil. Therefore, Cardeon AB's net margin for the quarter that ended in Dec. 2023 was -1,530.87%.

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

NGM:CARDEO' s Net Margin % Range Over the Past 10 Years
Min: -1142.04   Med: -25.8   Max: 58.28
Current: -1142.04


NGM:CARDEO's Net Margin % is ranked worse than
97.36% of 1669 companies
in the Asset Management industry
Industry Median: 86.95 vs NGM:CARDEO: -1142.04

Cardeon AB Net Margin % Historical Data

The historical data trend for Cardeon AB'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.

Cardeon AB Net Margin % Chart

Cardeon AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial -25.80 -582.28 58.28 -8.45 -1,142.04

Cardeon AB Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 57.98 -152.13 12.07 -645.30 -1,530.87

Competitive Comparison of Cardeon AB's Net Margin %

For the Asset Management subindustry, Cardeon AB'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.


Cardeon AB's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cardeon AB's Net Margin % distribution charts can be found below:

* The bar in red indicates where Cardeon AB's Net Margin % falls into.



Cardeon AB 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.

Cardeon AB'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 )
=-68.328/5.983
=-1,142.04 %

Cardeon AB'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 )
=-51.376/3.356
=-1,530.87 %

* 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.


Cardeon AB  (NGM:CARDEO) 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.


Cardeon AB Net Margin % Related Terms

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Cardeon AB (NGM:CARDEO) Business Description

Traded in Other Exchanges
N/A
Address
Gasverksgatan 3, Lund, SWE, SE-222 29
Cardeon AB is an investment company. It primarily invests in Nordic innovative companies and startups within life science.

Cardeon AB (NGM:CARDEO) Headlines

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