Echo Plc Profit margin
What is the Profit margin of Echo Plc?
The Profit margin of Echo Energy Plc is -105.80%
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 Energy sector on LSE compared to Echo Plc
What does Echo Plc do?
Echo Energy plc, through its subsidiaries, operates as an exploration and gas focused E&P company in Latin America. The company's asset portfolio consists of Santa Cruz Sur. It also engages in holding Argentinian and Bolivian branch assets. The company was formerly known as Independent Resources plc. Echo Energy plc was incorporated in 2005 and is based in London, the United Kingdom.
Companies with profit margin similar to Echo Plc
- Bod Australia has Profit margin of -106.29%
- Biodesix Inc has Profit margin of -106.23%
- Mukand Engineers has Profit margin of -106.15%
- CloudMD Software & Services has Profit margin of -105.96%
- Doumob has Profit margin of -105.85%
- Rent.com.au has Profit margin of -105.85%
- Echo Plc has Profit margin of -105.80%
- Heidelberg Pharma AG has Profit margin of -105.69%
- Althea has Profit margin of -105.60%
- China LotSynergy has Profit margin of -105.40%
- Nexion Technologies has Profit margin of -105.39%
- Wingara AG has Profit margin of -105.39%
- Dubber has Profit margin of -105.33%