Ideanomics Inc Profit margin
What is the Profit margin of Ideanomics Inc?
The Profit margin of Ideanomics Inc is -1,447.89%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Technology sector on NASDAQ compared to Ideanomics Inc
What does Ideanomics Inc do?
ideanomics, inc. focuses on monetizing the adoption of commercial electric vehicles, associated energy consumption, and developing financial services and fintech products. its mobile energy global division provides financial services and incentives for commercial fleet operators, including group purchasing discounts and battery buy-back programs. this division also offers solutions for the procurement, financing, charging, and energy management needs for fleet operators of commercial electric vehicles. the company's ideanomics capital division provides financial services solutions. this division is involved in the areas of capital markets, such as financial products advisory and creation, with specific focus on the application of blockchain and artificial intelligence in financial technology. this division also operates ekar, an exchange traded fund that tracks the innovation labs next generation vehicles index, which comprises of global stocks that have exposure to the theme of electr
Companies with profit margin similar to Ideanomics Inc
- MJ has Profit margin of -1,486.19%
- ANGLE Plc has Profit margin of -1,481.93%
- Hipo Resources has Profit margin of -1,470.15%
- Europa Metals has Profit margin of -1,464.29%
- Cann Global has Profit margin of -1,462.63%
- Kezar Life Sciences Inc has Profit margin of -1,455.29%
- Ideanomics Inc has Profit margin of -1,447.89%
- Antipa Minerals has Profit margin of -1,444.44%
- Cloud DX has Profit margin of -1,439.90%
- Singular Health Ltd has Profit margin of -1,431.58%
- Diginex has Profit margin of -1,416.43%
- Carmat SA has Profit margin of -1,402.86%
- Eos Enterprises has Profit margin of -1,401.31%