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Securetech Innovations (Securetech Innovations) Net Margin % : -1,350.00% (As of Dec. 2023)


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What is Securetech Innovations Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Securetech Innovations's Net Income for the three months ended in Dec. 2023 was $-0.08 Mil. Securetech Innovations's Revenue for the three months ended in Dec. 2023 was $0.01 Mil. Therefore, Securetech Innovations's net margin for the quarter that ended in Dec. 2023 was -1,350.00%.

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

SCTH' s Net Margin % Range Over the Past 10 Years
Min: -1023.4   Med: -553.65   Max: -320
Current: -766.67


SCTH's Net Margin % is ranked worse than
98.13% of 1284 companies
in the Vehicles & Parts industry
Industry Median: 3.325 vs SCTH: -766.67

Securetech Innovations Net Margin % Historical Data

The historical data trend for Securetech Innovations'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.

Securetech Innovations Net Margin % Chart

Securetech Innovations Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial - -320.00 -340.63 -1,023.40 -766.67

Securetech Innovations 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 -942.86 -570.00 -583.33 -1,700.00 -1,350.00

Competitive Comparison of Securetech Innovations's Net Margin %

For the Auto Parts subindustry, Securetech Innovations'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.


Securetech Innovations's Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Securetech Innovations's Net Margin % distribution charts can be found below:

* The bar in red indicates where Securetech Innovations's Net Margin % falls into.



Securetech Innovations 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.

Securetech Innovations'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 )
=-0.368/0.048
=-766.67 %

Securetech Innovations'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 )
=-0.081/0.006
=-1,350.00 %

* 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.


Securetech Innovations  (OTCPK:SCTH) 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.


Securetech Innovations Net Margin % Related Terms

Thank you for viewing the detailed overview of Securetech Innovations's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Securetech Innovations (Securetech Innovations) Business Description

Traded in Other Exchanges
N/A
Address
2355 Highway 36 West, Suite 400, Roseville, MN, USA, 55113
Securetech Innovations Inc is engaged in developing and marketing personal and automobile security and safety devices and technologies. Its primary source of revenue is from the sale of its Top Kontrol product which is an anti-theft and anti-carjacking system.
Executives
African Resource Group, Inc. 10 percent owner 9353 OUTER BANKS AVE., LAS VEGAS NV 89149
Anthony Vang director, officer: Treasurer/Secretary 2355 HIGHWAY 36 WEST, SUITE 400, ROSEVILLE MN 55113
Lee Kao director, 10 percent owner, officer: President/CEO 2355 HIGHWAY 36 WEST, SUITE 400, ROSEVILLE MN 55113
Abdikarim Farah officer: Vice President 2355 HIGHWAY 36 WEST, STE. 400, ROSEVILLE MN 55113

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