Guided Therapeutics Profit margin
What is the Profit margin of Guided Therapeutics?
The Profit margin of Guided Therapeutics, Inc. is -33,384.62%
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 Guided Therapeutics
What does Guided Therapeutics do?
Guided Therapeutics, Inc., a medical technology company, focuses on developing medical devices. It focuses on the commercialization of LuViva, a non-invasive cervical cancer detection device that identifies cervical cancers and precancers painlessly, non-invasively, and at the point-of-care by scanning the cervix with light, then analyzing the light reflected and fluorescent light. The company was formerly known as SpectRx, Inc. and changed its name to Guided Therapeutics, Inc. in February 2008. Guided Therapeutics, Inc. was incorporated in 1992 and is based in Norcross, Georgia.
Companies with profit margin similar to Guided Therapeutics
- Midpoint has Profit margin of -35,125.00%
- Verb Technology has Profit margin of -34,911.11%
- Platina Resources has Profit margin of -34,652.17%
- Monaker Inc has Profit margin of -34,142.99%
- Canoo has Profit margin of -34,088.15%
- Coastal Greenland has Profit margin of -33,479.67%
- Guided Therapeutics has Profit margin of -33,384.62%
- Indiana Resources has Profit margin of -33,166.67%
- Kingfisher Mining has Profit margin of -33,066.27%
- Bass Metals has Profit margin of -33,052.63%
- Hexagon Materials has Profit margin of -31,833.33%
- ClearVue Technologies has Profit margin of -31,225.00%
- NEXE Innovations has Profit margin of -30,904.59%