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Malachite Innovations, Inc. Malachite Innovations, Inc.

Malachite Innovations, Inc.

MLCT
Rank in Stocks #29803
Malachite Innovations, Inc., established in Cleveland, Ohio, in 2007, pursues a... Malachite Innovations, Inc., established in Cleveland, Ohio, in 2007, pursues a dual business strategy. Operating through its subsidiaries, the company delivers health and wellness products across the United States, featuring a comprehensive collection of nearly 100 innovative cannabosides, including glycosylated tetrahydrocannabinol, cannabidiol, cannabidivarin, and cannabinol. The firm is also advancing the development of THC-glycoside (VBX-100), an oral prodrug intended for treating gastrointestinal conditions such as inflammatory bowel disease and irritable bowel syndrome. Additionally, Malachite Innovations dedicates efforts to identifying, funding, and revitalizing environmental ventures, prioritizing advanced technology and sustainable practices. The company adopted its current name in October 2021, having previously operated as Vitality Biopharma, Inc.
Share Price
$0.38
Last synced: 2024-01-12
Market Cap
$19.55M
Change (1 day)
-1.30%
Change (1 year)
0.00%
Country
US
Trade Malachite Innovations, Inc. (MLCT)

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Healthcare
Operating Margin for Malachite Innovations, Inc. (MLCT)
Operating Margin as of 2026 TTM: 0.00%
According to Malachite Innovations, Inc. latest financial reports and stock price the company's current Operating Margin (TTM) is 0.00%. At the end of 2026 the company had an Operating Margin of 0.00%.
Operating Margin history for Malachite Innovations, Inc. from 2026 to 2026
Operating Margin at the end of each year
Year Operating Margin Change
Not enough data for the provided dates.
Operating Margin for similar companies or competitors
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Samsung Biologics Co.,Ltd. Samsung Biologics Co.,Ltd.
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What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.