Wellness and Beauty Solutions Profit margin
What is the Profit margin of Wellness and Beauty Solutions?
The Profit margin of Wellness and Beauty Solutions Limited is -236.51%
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 ASX compared to Wellness and Beauty Solutions
What does Wellness and Beauty Solutions do?
Wellness and Beauty Solutions Limited provides non-invasive and non-surgical cosmetic treatments in Australia. It operates through Clinical and Beauty Treatments and Sale of Wellness and Lifestyle Products segments. The Clinical and Beauty Treatments segment offers clinical, skin, and wellness services through a network of beauty and wellness clinics. The Sale of Wellness and Lifestyle Products segment develops, manufactures, and sells various beauty products. The company also offers hand sanitizers under the MICRO19 name. It sells its products to professionals and retail markets. The company was formerly known as Total Face Group Limited and changed its name to Wellness and Beauty Solutions Limited in November 2018. Wellness and Beauty Solutions Limited was incorporated in 2014 and is based in Scoresby, Australia.
Companies with profit margin similar to Wellness and Beauty Solutions
- Rhythm Pharmaceuticals has Profit margin of -238.52%
- Goldbond has Profit margin of -237.97%
- Bougainville Copper has Profit margin of -237.93%
- Latrobe Magnesium has Profit margin of -237.78%
- DQ Entertainment (International) has Profit margin of -237.56%
- Ely Gold Royalties has Profit margin of -236.84%
- Wellness and Beauty Solutions has Profit margin of -236.51%
- Studio City International has Profit margin of -236.32%
- Skillful Craftsman Education Technology has Profit margin of -236.22%
- 8I has Profit margin of -235.55%
- Cann has Profit margin of -235.52%
- Nicolas Miguet et Associes SA has Profit margin of -235.36%
- Silver Heritage has Profit margin of -234.54%