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SLANG Worldwide (XCNQ:SLNG) Net Margin % : -122.92% (As of Dec. 2023)


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What is SLANG Worldwide Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. SLANG Worldwide's Net Income for the three months ended in Dec. 2023 was C$-9.00 Mil. SLANG Worldwide's Revenue for the three months ended in Dec. 2023 was C$7.32 Mil. Therefore, SLANG Worldwide's net margin for the quarter that ended in Dec. 2023 was -122.92%.

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

XCNQ:SLNG' s Net Margin % Range Over the Past 10 Years
Min: -685.4   Med: -113.87   Max: -54.27
Current: -54.27


XCNQ:SLNG's Net Margin % is ranked worse than
81.24% of 1018 companies
in the Drug Manufacturers industry
Industry Median: 3.255 vs XCNQ:SLNG: -54.27

SLANG Worldwide Net Margin % Historical Data

The historical data trend for SLANG Worldwide'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.

SLANG Worldwide Net Margin % Chart

SLANG Worldwide Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial -685.40 -55.24 -148.47 -79.26 -54.27

SLANG Worldwide 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 -131.92 -21.54 -34.71 -56.10 -122.92

Competitive Comparison of SLANG Worldwide's Net Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, SLANG Worldwide'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.


SLANG Worldwide's Net Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, SLANG Worldwide's Net Margin % distribution charts can be found below:

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



SLANG Worldwide 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.

SLANG Worldwide'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 )
=-19.366/35.682
=-54.27 %

SLANG Worldwide'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 )
=-9/7.322
=-122.92 %

* 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.


SLANG Worldwide  (XCNQ:SLNG) 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.


SLANG Worldwide Net Margin % Related Terms

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SLANG Worldwide (XCNQ:SLNG) Business Description

Traded in Other Exchanges
Address
50 Carroll Street, Toronto, ON, CAN, M4M 3G3
SLANG Worldwide Inc is a cannabis-focused consumer packaged goods company. It is focused on acquiring and developing regional brands, as well as creating new brands to meet the needs of cannabis consumers. It operates in two reportable segments Core Markets, and Emerging Markets, and the majority of its revenue comes from the Core Market. Geographically it operates in Canada and the U.S. It derives the majority of its revenue from the U.S. Its brand portfolio involves, Firefly, O.pen, and Alchemy Naturals.
Executives
Christopher Lee Driessen Director, Senior Officer