Pacific Ventures Profit margin
What is the Profit margin of Pacific Ventures?
The Profit margin of Pacific Ventures Group, Inc. is -19.39%
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 Pacific Ventures
What does Pacific Ventures do?
Pacific Ventures Group, Inc., through its subsidiaries, produces, sells, and distributes alcohol-infused ice creams and ice-pops. It sells its alcohol-infused ice-pops and ice creams under the SnöBar brand name. The company is also involved in the sale and lease of freezers, as well as the provision of marketing services; and wholesale and retail of fresh and specialty produce, and food products to restaurants, hotels, clubs and bars, resorts, food trucks, and caterers. Pacific Ventures Group, Inc. is headquartered in Los Angeles, California.
Companies with profit margin similar to Pacific Ventures
- RIWI has Profit margin of -19.45%
- Razor has Profit margin of -19.43%
- Sirius International Insurance has Profit margin of -19.41%
- Sweetgreen has Profit margin of -19.41%
- Kelso Technologies has Profit margin of -19.41%
- Redsun Properties has Profit margin of -19.39%
- Pacific Ventures has Profit margin of -19.39%
- Hire Technologies has Profit margin of -19.39%
- Sol Cuisine Ltd has Profit margin of -19.39%
- GSE Systems has Profit margin of -19.37%
- Auplata Mining has Profit margin of -19.37%
- Kader has Profit margin of -19.34%
- Televista SA has Profit margin of -19.27%