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Video River Networks (Video River Networks) Net Margin % : 34.39% (As of Dec. 2023)


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What is Video River Networks Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Video River Networks's Net Income for the three months ended in Dec. 2023 was $-0.16 Mil. Video River Networks's Revenue for the three months ended in Dec. 2023 was $-0.47 Mil. Therefore, Video River Networks's net margin for the quarter that ended in Dec. 2023 was 34.39%.

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

NIHK' s Net Margin % Range Over the Past 10 Years
Min: -408.79   Med: -6.62   Max: 74.7
Current: 74.7


NIHK's Net Margin % is ranked better than
89.06% of 777 companies
in the Capital Markets industry
Industry Median: 13.56 vs NIHK: 74.70

Video River Networks Net Margin % Historical Data

The historical data trend for Video River Networks'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.

Video River Networks Net Margin % Chart

Video River Networks Annual Data
Trend Dec06 Dec07 Dec08 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -6.62 29.51 19.83 74.59

Video River Networks Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -223.37 74.02 58.60 405.26 34.39

Competitive Comparison of Video River Networks's Net Margin %

For the Capital Markets subindustry, Video River Networks'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.


Video River Networks's Net Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Video River Networks's Net Margin % distribution charts can be found below:

* The bar in red indicates where Video River Networks's Net Margin % falls into.



Video River Networks 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.

Video River Networks'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 )
=0.496/0.665
=74.59 %

Video River Networks'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 )
=-0.162/-0.471
=34.39 %

* 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.


Video River Networks  (OTCPK:NIHK) 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.


Video River Networks Net Margin % Related Terms

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Video River Networks (Video River Networks) Business Description

Traded in Other Exchanges
N/A
Address
370 Amapola Avenue, Suite 200A, Torrance, CA, USA, 90501
Video River Networks Inc is a specialty real estate holding company. The company has two lines of real estate business which is to promote and preserve affordable housing and economic development across urban neighborhoods in the United States. It is also involved in the Electric Vehicles (EV) business, Artificial Intelligence, Machine Learning and Robotics assets, businesses and operations in North America.
Executives
Frank I Igwealor director, 10 percent owner, officer: President and CEO 370 AMAPOLA AVE, SUITE 200A, TORRANCE CA 90501
Cannabinoid Biosciences, Inc. director, 10 percent owner, officer: President and CEO 3699 WILSHIRE BLVD., SUITE 610, LOS ANGELES CA 90010
Video River Networks, Inc. director, 10 percent owner, officer: President and CEO 1333 N. BUFFALO DR., SUITE 210, LAS VEGAS NV 89128
Daniel P Mcredmond officer: Corporate Controller
Max Polinsky director 10715 GULFDALE STE 200, SAN ANTONIO TX 78216
Patrick A Gorman director
H Douglas Saathoff officer: CEO
Myron Anduri 10 percent owner, officer: President, as of 01/01/04
Steven H. Jacobson 10 percent owner P.O. BOX 24947, DENVER CO 80224-0947

Video River Networks (Video River Networks) Headlines

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