Astra Profit margin
What is the Profit margin of Astra?
The Profit margin of Astra Energy Inc. is -60.48%
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 OTC compared to Astra
What does Astra do?
Astra Energy Inc. provides scallop farming and marine hatchery services. It involves in farming, processing, and marketing marine species, such as scallops and sablefish in the west coast of North America. The company's product includes ÂQualicum Beach Scallop', which is a hybrid of the imported Japanese scallop and the local weathervane scallop. It also produces various shellfish seed species, including the Pacific oyster, eastern blue mussel, Mediterranean mussel, and geoduck clam that are sold to third party shellfish farmers. In addition, the company provides consulting, research and development, and custom processing and marketing services, as well as offers aquaculture equipment. The company was founded in 1989 and is based in North Las Vegas, Nevada
Companies with profit margin similar to Astra
- China Best has Profit margin of -60.97%
- RattanIndia Power has Profit margin of -60.79%
- Tejas Networks has Profit margin of -60.72%
- Angiodynamic Inc has Profit margin of -60.66%
- Scotgold Resources has Profit margin of -60.63%
- Lai Sun Development has Profit margin of -60.51%
- Astra has Profit margin of -60.48%
- Upland Software Inc has Profit margin of -60.39%
- Bright Health has Profit margin of -60.35%
- Noble Century Investment has Profit margin of -60.32%
- Deveron UAS has Profit margin of -60.21%
- Millennial ESports has Profit margin of -60.15%
- Country Club Hospitality & Holidays has Profit margin of -60.01%