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Azimut Exploration (TSXV:AZM) Operating Margin % : -280.37% (As of Feb. 2024)


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What is Azimut Exploration Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Azimut Exploration's Operating Income for the three months ended in Feb. 2024 was C$-0.30 Mil. Azimut Exploration's Revenue for the three months ended in Feb. 2024 was C$0.11 Mil. Therefore, Azimut Exploration's Operating Margin % for the quarter that ended in Feb. 2024 was -280.37%.

Warning Sign:

Azimut Exploration Inc operating margin has been in a 5-year decline. The average rate of decline per year is -67.4%.

The historical rank and industry rank for Azimut Exploration's Operating Margin % or its related term are showing as below:

TSXV:AZM' s Operating Margin % Range Over the Past 10 Years
Min: -4263.64   Med: -767.33   Max: -29.47
Current: -931.58


TSXV:AZM's Operating Margin % is ranked worse than
82.87% of 858 companies
in the Metals & Mining industry
Industry Median: 1.87 vs TSXV:AZM: -931.58

Azimut Exploration's 5-Year Average Operating Margin % Growth Rate was -67.40% per year.

Azimut Exploration's Operating Income for the three months ended in Feb. 2024 was C$-0.30 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2024 was C$-2.83 Mil.


Azimut Exploration Operating Margin % Historical Data

The historical data trend for Azimut Exploration's Operating 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.

Azimut Exploration Operating Margin % Chart

Azimut Exploration Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -29.47 -1,099.44 -405.40 -1,775.70 -1,171.43

Azimut Exploration Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Operating 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 -2,400.00 -878.46 -1,552.17 -1,450.00 -280.37

Competitive Comparison of Azimut Exploration's Operating Margin %

For the Other Industrial Metals & Mining subindustry, Azimut Exploration's Operating Margin %, along with its competitors' market caps and Operating 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.


Azimut Exploration's Operating Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Azimut Exploration's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Azimut Exploration's Operating Margin % falls into.



Azimut Exploration Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Azimut Exploration's Operating Margin % for the fiscal year that ended in Aug. 2023 is calculated as

Operating Margin %=Operating Income (A: Aug. 2023 ) / Revenue (A: Aug. 2023 )
=-1.64 / 0.14
=-1,171.43 %

Azimut Exploration's Operating Margin % for the quarter that ended in Feb. 2024 is calculated as

Operating Margin %=Operating Income (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=-0.3 / 0.107
=-280.37 %

* 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.


Azimut Exploration  (TSXV:AZM) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Azimut Exploration Operating Margin % Related Terms

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Azimut Exploration (TSXV:AZM) Business Description

Traded in Other Exchanges
Address
110 Rue De La Barre, Bureau 224, Longueuil, QC, CAN, J4K 1A3
Azimut Exploration Inc is engaged in the acquisition, exploration, and evaluation of mineral properties. Its projects include Elmer property, JB lithium propety, Wabamisk property, Chromaska property and others in the James Bay region and Rex-Duquet, Nantais, Doran property and others in the Nunavik region of Quebec. It mainly explores gold, nickel, lithium, chromium and other minerals and metals.
Executives
Jonathan Rosset Senior Officer
Christiane Bergevin Director

Azimut Exploration (TSXV:AZM) Headlines

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