My Foodie Box Ltd Profit margin
What is the Profit margin of My Foodie Box Ltd?
The Profit margin of My Foodie Box Ltd is -64.44%
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 Consumer Staples sector on ASX compared to My Foodie Box Ltd
What does My Foodie Box Ltd do?
My Foodie Box Limited prepares and delivers meal kits in Western Australia. It also operates a subscription based e-commerce platform. The company was incorporated in 2017 and is based in Maylands, Australia.
Companies with profit margin similar to My Foodie Box Ltd
- Rockontrol Technology Co has Profit margin of -64.60%
- SECOS has Profit margin of -64.57%
- Nuchev has Profit margin of -64.55%
- Kearny has Profit margin of -64.50%
- Xped has Profit margin of -64.49%
- Goenka Diamond and Jewels has Profit margin of -64.45%
- My Foodie Box Ltd has Profit margin of -64.44%
- Pure Minerals has Profit margin of -64.43%
- Heliospectra AB has Profit margin of -64.36%
- Stereotaxis has Profit margin of -64.29%
- OXE Marine AB (publ) has Profit margin of -64.27%
- Micro-X has Profit margin of -64.13%
- Oportun Corp has Profit margin of -64.12%