Cloud DX Profit margin
What is the Profit margin of Cloud DX?
The Profit margin of Cloud DX Inc. is -1,439.90%
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 TSXV compared to Cloud DX
What does Cloud DX do?
Cloud DX Inc. operates as a remote patient monitoring company. It offers Cloud DX Connected Health, an end-to-end virtual healthcare platform for monitoring patients with chronic illness, including chronic obstructive pulmonary disease and congestive heart failure, as well as patients recovering from surgery and COVID-19 patients outside hospitals. The company's Cloud DX Connected Health Kits includes its Cloud DX Bluetooth pulse oximeter, the Cloud DX wireless weight scale and optionally, a wireless Bluetooth blood pressure monitor, digital thermometer, and digital wireless glucose meter from 3rd party suppliers. It serves academic institutions, large hospitals, and provincial health authorities in Canada, as well as physician practices and hospitals in the United States. The company also offers VITALITI, a vital sign monitor for measuring electrocardiograph, heart rate, oxygen saturation, respiration, core body temperature, blood pressure, movement, steps, and posture. Cloud DX Inc. is headquartered in Brooklyn, New York.
Companies with profit margin similar to Cloud DX
- Hipo Resources has Profit margin of -1,470.15%
- Europa Metals has Profit margin of -1,464.29%
- Cann Global has Profit margin of -1,462.63%
- Kezar Life Sciences Inc has Profit margin of -1,455.29%
- Ideanomics Inc has Profit margin of -1,447.89%
- Antipa Minerals has Profit margin of -1,444.44%
- Cloud DX has Profit margin of -1,439.90%
- Singular Health Ltd has Profit margin of -1,431.58%
- Diginex has Profit margin of -1,416.43%
- Carmat SA has Profit margin of -1,402.86%
- Eos Enterprises has Profit margin of -1,401.31%
- Prairie Mining has Profit margin of -1,396.95%
- Predictmedix has Profit margin of -1,396.07%