Richmond Vanadium Technology (ASX:RVT) Pretax Margin % : % (As of Dec. 2023)

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What is Richmond Vanadium Technology Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Richmond Vanadium Technology's Pre-Tax Income for the six months ended in Dec. 2023 was A$-1.03 Mil. Richmond Vanadium Technology's Revenue for the six months ended in Dec. 2023 was A$0.00 Mil. Therefore, Richmond Vanadium Technology's pretax margin for the quarter that ended in Dec. 2023 was %.

The historical rank and industry rank for Richmond Vanadium Technology's Pretax Margin % or its related term are showing as below:

ASX:RVT's Pretax Margin % is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.57
* Ranked among companies with meaningful Pretax Margin % only.

Richmond Vanadium Technology Pretax Margin % Historical Data

The historical data trend for Richmond Vanadium Technology's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Richmond Vanadium Technology Pretax Margin % Chart

Richmond Vanadium Technology Annual Data

Trend

Jun22

Jun23

Pretax Margin %

Richmond Vanadium Technology Semi-Annual Data
	Dec22	Jun23	Dec23
Pretax Margin %	-	-	-

Competitive Comparison of Richmond Vanadium Technology's Pretax Margin %

For the Other Industrial Metals & Mining subindustry, Richmond Vanadium Technology's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Richmond Vanadium Technology's Pretax Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Richmond Vanadium Technology's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Richmond Vanadium Technology's Pretax Margin % falls into.

Richmond Vanadium Technology Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Richmond Vanadium Technology's Pretax Margin for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	-3.67	/	0
	=	%

Richmond Vanadium Technology's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-1.027	/	0
	=	%

Richmond Vanadium Technology (ASX:RVT) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.

Richmond Vanadium Technology Pretax Margin % Related Terms

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Richmond Vanadium Technology (ASX:RVT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Richmond Vanadium Technology Ltd (ASX:RVT) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

251 Adelaide Terrace, Level 11, Perth, WA, AUS, 6000

Website

https://www.richmondvanadium.com.au

Richmond Vanadium Technology Ltd is an Australian minerals exploration company advancing its Richmond Vanadium Project in north Queensland. The Richmond-Julia Creek Vanadium Project is the non-titanomagnetite vanadium deposit of its kind (soft marine sediments) globally and can produce a supply of vanadium for the steel and emerging energy storage markets. The project involves the development of an open cut, free dig vanadium mining operation producing vanadium pentoxide (V2O5) concentrate from the ore reserve.