Smart Cannabis Profit margin
What is the Profit margin of Smart Cannabis?
The Profit margin of Smart Cannabis Corp. is -33.64%
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 Health Care sector on OTC compared to Smart Cannabis
What does Smart Cannabis do?
Smart Cannabis Corp. operates in the agriculture and cannabis industries. The company, through its subsidiary, Next Generation Farming, Inc., provides turnkey, automated, commercial greenhouses systems that improve yields and decrease water consumption for cultivators of organic food and cannabis crops. The company was founded in 2010 and is based in Loomis, California.
Companies with profit margin similar to Smart Cannabis
- Xpeng has Profit margin of -33.82%
- SEGRO Plc has Profit margin of -33.78%
- Quarterhill has Profit margin of -33.76%
- Transocean Ltd has Profit margin of -33.69%
- Sporttotal AG has Profit margin of -33.66%
- SPORTTOTAL AG has Profit margin of -33.66%
- Smart Cannabis has Profit margin of -33.64%
- 2U Inc has Profit margin of -33.58%
- Jones Soda Co has Profit margin of -33.56%
- MTS Systems has Profit margin of -33.55%
- Seagen Inc has Profit margin of -33.55%
- Bactiguard AB (publ) has Profit margin of -33.53%
- Alteryx has Profit margin of -33.51%