As of June 16, 2025, Neovasc Inc (NVCN.TO) reports a Net Margin of -1082.90%.
Net Margin shows the share of revenue that becomes profit after all costs, reflecting overall profitability.
Historical Trend of Neovasc Inc's Net Margin
Over recent years, Neovasc Inc's Net Margin has shown a stable trend. The table below summarizes the historical values:
| Date | Net Margin |
|---|---|
| 2022-12-31 | -1082.90% |
| 2021-12-31 | -977.03% |
| 2020-12-31 | -1464.29% |
| 2019-12-31 | -1680.86% |
| 2018-12-31 | -6170.29% |
This slight downward trend highlights how Neovasc Inc manages its overall profitability and cost control over time.
Comparing Neovasc Inc's Net Margin to Peers
To better understand Neovasc Inc's position, it's useful to compare its Net Margin against industry peers. Below are selected comparisons:
| Company | Net Margin |
|---|---|
| Neovasc Inc (NVCN.TO) | -1082.90% |
| Daxor Corp (DXR) | 451.09% |
| Stock Trend Capital Inc (PUMP.CN) | 200.99% |
| Nanalysis Scientific Corp. (NSCI.V) | -29.92% |
| Scientific Industries Inc (SCND) | -60.17% |
| Biomerica Inc (BMRA) | -110.40% |
Compared to its competitors, Neovasc Inc's Net Margin is about average compared to peers, reflecting typical industry profitability.