Amarin Corp Profit margin
What is the Profit margin of Amarin Corp?
The Profit margin of Amarin Corp is -19.26%
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 NASDAQ compared to Amarin Corp
What does Amarin Corp do?
amarin corporation plc is a biopharmaceutical company focused on the commercialization and development of therapeutics to improve cardiovascular health. amarin's product development program leverages its extensive experience in lipid science and the potential therapeutic benefits of polyunsaturated fatty acids. vascepa® (icosapent ethyl) is amarin's first fda approved product and is available in the united states by prescription. for more information about vascepa visit www.vascepa.com.
Companies with profit margin similar to Amarin Corp
- 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%
- Amarin Corp has Profit margin of -19.26%
- Avant Brands Inc has Profit margin of -19.25%
- GTEC has Profit margin of -19.25%
- Red Star Macalline has Profit margin of -19.25%
- Goenka Diamond and Jewels has Profit margin of -19.22%
- Kin Yat has Profit margin of -19.22%
- Byrna Technologies has Profit margin of -19.21%