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Clever Leaves Holdings (Clever Leaves Holdings) Pretax Margin % : -108.80% (As of Dec. 2023)


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What is Clever Leaves Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Clever Leaves Holdings's Pre-Tax Income for the three months ended in Dec. 2023 was $-5.05 Mil. Clever Leaves Holdings's Revenue for the three months ended in Dec. 2023 was $4.64 Mil. Therefore, Clever Leaves Holdings's pretax margin for the quarter that ended in Dec. 2023 was -108.80%.

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

CLVRW' s Pretax Margin % Range Over the Past 10 Years
Min: -585.7   Med: -268.7   Max: -113.27
Current: -113.27


CLVRW's Pretax Margin % is ranked worse than
85.99% of 1021 companies
in the Drug Manufacturers industry
Industry Median: 4.15 vs CLVRW: -113.27

Clever Leaves Holdings Pretax Margin % Historical Data

The historical data trend for Clever Leaves Holdings'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.

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Clever Leaves Holdings Pretax Margin % Chart

Clever Leaves Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
-585.70 -213.68 -290.63 -268.70 -113.27

Clever Leaves Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 -166.92 -104.35 -65.47 -190.34 -108.80

Competitive Comparison of Clever Leaves Holdings's Pretax Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Clever Leaves Holdings'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.


Clever Leaves Holdings's Pretax Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Clever Leaves Holdings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Clever Leaves Holdings's Pretax Margin % falls into.



Clever Leaves Holdings 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.

Clever Leaves Holdings'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 )
=-19.729/17.417
=-113.27 %

Clever Leaves Holdings'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 )
=-5.046/4.638
=-108.80 %

* 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.


Clever Leaves Holdings  (OTCPK:CLVRW) 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.


Clever Leaves Holdings Pretax Margin % Related Terms

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Clever Leaves Holdings (Clever Leaves Holdings) Business Description

Traded in Other Exchanges
Address
19-B Parque Industrial Tibitoc, Tocancipá, Cundinamarca, Bodega, Colombia, BC, CAN
Clever Leaves Holdings Inc is a producer of pharmaceutical and consumer cannabis brands. The company operates and has investments in Canada, Colombia, Germany, Portugal, and the United States. The company operates in two reportable segments, 1. The Cannabinoid operating segment: is comprised of the Company's cultivation, extraction, and commercialization of cannabinoid products. 2. Non-Cannabinoid operating segment is engaged in the business of formulating, manufacturing, marketing, selling, distributing, and otherwise commercializing nutraceutical and other natural remedies, wellness products, detoxification products, and nutritional and dietary supplements.