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Avricore Health (Avricore Health) Pretax Margin % : 4.46% (As of Dec. 2023)


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What is Avricore Health Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Avricore Health's Pre-Tax Income for the three months ended in Dec. 2023 was $0.05 Mil. Avricore Health's Revenue for the three months ended in Dec. 2023 was $1.01 Mil. Therefore, Avricore Health's pretax margin for the quarter that ended in Dec. 2023 was 4.46%.

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

AVCRF' s Pretax Margin % Range Over the Past 10 Years
Min: -36683.33   Med: -2473.1   Max: -17.83
Current: -17.83


AVCRF's Pretax Margin % is ranked worse than
52.75% of 218 companies
in the Medical Diagnostics & Research industry
Industry Median: -12.805 vs AVCRF: -17.83

Avricore Health Pretax Margin % Historical Data

The historical data trend for Avricore Health'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.

Avricore Health Pretax Margin % Chart

Avricore Health Annual Data
Trend Jun14 Jun15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5,820.00 -3,526.92 -1,389.58 -46.27 -20.13

Avricore Health Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -31.47 -25.03 -51.94 -29.97 4.46

Competitive Comparison of Avricore Health's Pretax Margin %

For the Diagnostics & Research subindustry, Avricore Health'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.


Avricore Health's Pretax Margin % Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Avricore Health's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Avricore Health's Pretax Margin % falls into.



Avricore Health 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.

Avricore Health's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-0.523/2.598
=-20.13 %

Avricore Health'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 )
=0.045/1.009
=4.46 %

* 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.


Avricore Health  (OTCPK:AVCRF) 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.


Avricore Health Pretax Margin % Related Terms

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Avricore Health (Avricore Health) Business Description

Traded in Other Exchanges
Address
1120 - 789 West Pender Street, Vancouver, BC, CAN, V6C 1H2
Avricore Health Inc is a Canada based company. The company is involved in the business of health data and point-of-care technologies. The Company has only one segment, being the HealthTab - Point of Care Business in Canada. The Company's revenues are generated from operating leases of the POCT system and sale of testing panels.