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Innerscope Hearing Technologies (Innerscope Hearing Technologies) Pretax Margin % : -3,386.36% (As of Dec. 2020)


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What is Innerscope Hearing Technologies Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Innerscope Hearing Technologies's Pre-Tax Income for the three months ended in Dec. 2020 was $-0.75 Mil. Innerscope Hearing Technologies's Revenue for the three months ended in Dec. 2020 was $0.02 Mil. Therefore, Innerscope Hearing Technologies's pretax margin for the quarter that ended in Dec. 2020 was -3,386.36%.

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


INND's Pretax Margin % is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: -1.025
* Ranked among companies with meaningful Pretax Margin % only.

Innerscope Hearing Technologies Pretax Margin % Historical Data

The historical data trend for Innerscope Hearing Technologies'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.

Innerscope Hearing Technologies Pretax Margin % Chart

Innerscope Hearing Technologies Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Pretax Margin %
Get a 7-Day Free Trial 5.64 -406.16 -1,410.77 -935.54 -2,984.34

Innerscope Hearing Technologies Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 -1,549.47 -7,655.56 15,268.75 -959.57 -3,386.36

Competitive Comparison of Innerscope Hearing Technologies's Pretax Margin %

For the Medical Instruments & Supplies subindustry, Innerscope Hearing Technologies'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.


Innerscope Hearing Technologies's Pretax Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Innerscope Hearing Technologies's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Innerscope Hearing Technologies's Pretax Margin % falls into.



Innerscope Hearing Technologies 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.

Innerscope Hearing Technologies's Pretax Margin for the fiscal year that ended in Dec. 2020 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2020 )/Revenue (A: Dec. 2020 )
=-4.954/0.166
=-2,984.34 %

Innerscope Hearing Technologies's Pretax Margin for the quarter that ended in Dec. 2020 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2020 )/Revenue (Q: Dec. 2020 )
=-0.745/0.022
=-3,386.36 %

* 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.


Innerscope Hearing Technologies  (OTCPK:INND) 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.


Innerscope Hearing Technologies Pretax Margin % Related Terms

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Innerscope Hearing Technologies (Innerscope Hearing Technologies) Business Description

Traded in Other Exchanges
N/A
Address
2151 Professional Drive, Second Floor, Roseville, CA, USA, 95661
Innerscope Hearing Technologies Inc is a manufacturer and a DTC distributor/retailer of FDA-registered hearing aids, personal sound amplifier products, hearing-related treatment therapies, doctor-formulated dietary hearing supplements, and proprietary CDB oil for treating tinnitus. It also owns and operates audiological and retail hearing device clinics and plans to continue to open and acquire additional clinics. The company operates retail hearing device clinics in California.

Innerscope Hearing Technologies (Innerscope Hearing Technologies) Headlines

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