Vitalibis Profit margin
What is the Profit margin of Vitalibis?
The Profit margin of Vitalibis, Inc. is -2,283.33%
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 OTC compared to Vitalibis
What does Vitalibis do?
Vitalibis, Inc. operates as a technology-based formulator of phytocannabinoid rich hemp products with cannabidiol, along with personal care and nutritional products. The company markets and sells consumer products under the Vitalibis brand. It also sells water soluble phytocannabinoid rich hemp powder. The company was formerly known as Sheng Ying Entertainment Corp. and changed its name to Vitalibis, Inc. in February 2018. Vitalibis, Inc. was founded in 2014 and is based in Las Vegas, Nevada. On June 15, 2020, Vitalibis, Inc. filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Nevada.
Companies with profit margin similar to Vitalibis
- Ayala Pharmaceuticals has Profit margin of -2,316.60%
- HTC Purenergy has Profit margin of -2,315.07%
- Delcath Systems has Profit margin of -2,314.56%
- Delcath Systems has Profit margin of -2,308.86%
- Theranexus SA has Profit margin of -2,307.43%
- Infinity Lithium has Profit margin of -2,296.51%
- Vitalibis has Profit margin of -2,283.33%
- Constellation Resources has Profit margin of -2,277.11%
- Melodyvr Plc has Profit margin of -2,266.67%
- EVR plc has Profit margin of -2,266.67%
- Traka Resources has Profit margin of -2,239.13%
- Macarthur Minerals has Profit margin of -2,223.94%
- Macarthur Minerals has Profit margin of -2,223.94%