Solarvest Bio Profit margin
What is the Profit margin of Solarvest Bio?
The Profit margin of Solarvest BioEnergy, Inc. is -241,000.00%
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 Industrials sector on TSXV compared to Solarvest Bio
What does Solarvest Bio do?
Solarvest BioEnergy Inc. engages in the development of algal-based production systems to produce natural based green commercial products in Canada and internationally. The company provides human nutrition products, including omega-3; and pharmaceutical ingredients for human health comprising cannabinoids in algae and bone morphogenetic protein for the treatment of repairing bone fractures. It has a collaborative research and development agreement with FSD Pharma Inc. to develop algae-based pharmaceutical grade cannabinoids. The company was incorporated in 2005 and is based in Vancouver, Canada.
Companies with profit margin similar to Solarvest Bio
- Transgene Biotek has Profit margin of -306,601.70%
- Mayur Resources Ltd has Profit margin of -293,470.59%
- Altech Chemicals has Profit margin of -284,380.95%
- Leaf Resources has Profit margin of -275,750.00%
- Summit Therapeutics Inc has Profit margin of -271,685.00%
- Peak Resources has Profit margin of -252,555.56%
- Solarvest Bio has Profit margin of -241,000.00%
- Falcon Oil & Gas has Profit margin of -234,650.00%
- Armada Metals Ltd has Profit margin of -225,812.34%
- Torrens Mining has Profit margin of -209,315.88%
- Lakes Oil NL has Profit margin of -203,428.57%
- LQwD FinTech has Profit margin of -202,000.00%
- Interlapse Technologies has Profit margin of -202,000.00%