Wellfield Technologies Inc Profit margin
What is the Profit margin of Wellfield Technologies Inc?
The Profit margin of Wellfield Technologies Inc is -43.33%
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 TSXV compared to Wellfield Technologies Inc
What does Wellfield Technologies Inc do?
Wellfield Technologies Inc. engages in developing a blockchain-based infrastructure for financial services. It offers its products under the Seamless and MoneyClip brands. The company is headquartered in Markham, Canada.
Companies with profit margin similar to Wellfield Technologies Inc
- Cardlytics Inc has Profit margin of -43.56%
- E.W. Scripps Co has Profit margin of -43.53%
- Harborside has Profit margin of -43.38%
- Rochester Resources has Profit margin of -43.36%
- Uxin Ltd has Profit margin of -43.36%
- Golden Wheel Tiandi has Profit margin of -43.35%
- Wellfield Technologies Inc has Profit margin of -43.33%
- Ying Kee Tea House has Profit margin of -43.25%
- Maiden Ltd has Profit margin of -43.22%
- Mogo Finance Technology has Profit margin of -43.14%
- Appen has Profit margin of -43.13%
- Sarepta Therapeutics Inc has Profit margin of -43.11%
- Jiahua Stores has Profit margin of -43.11%