Nova Cannabis Inc.
NOVC
Rank in Stocks
#22841
Nova Cannabis Inc. specializes in running retail cannabis dispensaries,... Nova Cannabis Inc. specializes in running retail cannabis dispensaries, primarily serving the adult-use market throughout Canada. By March 31, 2022, the company had established a network of seventy-eight retail locations spread across Alberta, Ontario, and Saskatchewan. Its corporate headquarters are situated in Edmonton, Canada, and it operates as a subsidiary of Alcanna Inc.
Share Price
$1.28
Last synced: 2024-10-22
Market Cap
$79.28M
Change (1 day)
0.97%
Change (1 year)
1.35%
Country
CA
Trade Nova Cannabis Inc. (NOVC)
Category
Healthcare
Operating Margin for Nova Cannabis Inc. (NOVC)
Operating Margin as of October 2026 TTM: 3.82%
According to Nova Cannabis Inc. latest financial reports and stock price the company's current Operating Margin (TTM) is 3.82%. At the end of 2022 the company had an Operating Margin of -3.33%.
Operating Margin history for Nova Cannabis Inc. from 2015 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | 3.82% | 0.00% |
| 2023 | 3.82% | -214.71% |
| 2022 | -3.33% | -75.13% |
| 2021 | -13.39% | -55.47% |
| 2020 | -30.07% | -46.34% |
| 2019 | -56.04% | -66.66% |
| 2018 | -168.10% | 0.00% |
| 2017 | 0.00% | 0.00% |
| 2016 | 0.00% | 0.00% |
| 2015 | 0.00% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 62.34% | -83.68% |
US
|
|
| 0.00% | - |
SE
|
|
| 0.00% | - |
FR
|
|
| 0.00% | - |
IT
|
|
| 29.76% | -92.21% |
HK
|
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.