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The Westaim (TSXV:WED) Net Margin % : 66.25% (As of Dec. 2023)


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What is The Westaim Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. The Westaim's Net Income for the three months ended in Dec. 2023 was C$47.0 Mil. The Westaim's Revenue for the three months ended in Dec. 2023 was C$71.0 Mil. Therefore, The Westaim's net margin for the quarter that ended in Dec. 2023 was 66.25%.

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

TSXV:WED' s Net Margin % Range Over the Past 10 Years
Min: 37.79   Med: 70.55   Max: 558.56
Current: 87.17


TSXV:WED's Net Margin % is ranked better than
50.69% of 1671 companies
in the Asset Management industry
Industry Median: 86.28 vs TSXV:WED: 87.17

The Westaim Net Margin % Historical Data

The historical data trend for The Westaim'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.

The Westaim Net Margin % Chart

The Westaim Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.52 125.21 88.99 69.96 87.08

The Westaim 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 95.24 96.52 88.53 92.21 66.25

Competitive Comparison of The Westaim's Net Margin %

For the Asset Management subindustry, The Westaim'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.


The Westaim's Net Margin % Distribution in the Asset Management Industry

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

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



The Westaim 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.

The Westaim'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 )
=246.83/283.444
=87.08 %

The Westaim'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 )
=47.045/71.015
=66.25 %

* 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.


The Westaim  (TSXV:WED) 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.


The Westaim Net Margin % Related Terms

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The Westaim (TSXV:WED) Business Description

Traded in Other Exchanges
Address
70 York Street, Suite 1700, Toronto, ON, CAN, M5J 1S9
The Westaim Corp is a Canada-based investment company, engaged in providing long-term capital to businesses operating mainly within the financial services industry. It invests, directly and indirectly, through acquisitions, joint ventures, and other arrangements, to provide its shareholders with capital appreciation and real wealth preservation. The group seeks to acquire debt, equity, or derivative securities of both public and private companies. The company derives revenue mostly from interest income and dividend income. Geographically, it has a business presence in the U.S., Asia Pacific, Canada, Europe, and other countries.

The Westaim (TSXV:WED) Headlines

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