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The Good Shroom Co (The Good Shroom Co) Pretax Margin % : 6.08% (As of Jan. 2024)


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What is The Good Shroom Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. The Good Shroom Co's Pre-Tax Income for the three months ended in Jan. 2024 was $0.04 Mil. The Good Shroom Co's Revenue for the three months ended in Jan. 2024 was $0.69 Mil. Therefore, The Good Shroom Co's pretax margin for the quarter that ended in Jan. 2024 was 6.08%.

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

TGSHF' s Pretax Margin % Range Over the Past 10 Years
Min: -1590.5   Med: -134.07   Max: -0.82
Current: -0.82


TGSHF's Pretax Margin % is ranked worse than
75.45% of 110 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 8.34 vs TGSHF: -0.82

The Good Shroom Co Pretax Margin % Historical Data

The historical data trend for The Good Shroom Co'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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The Good Shroom Co Pretax Margin % Chart

The Good Shroom Co Annual Data
Trend Jul21 Jul22 Jul23
Pretax Margin %
-1,591.71 -134.08 -14.29

The Good Shroom Co Quarterly Data
Mar20 Mar21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -14.23 1.32 -24.67 6.08 6.08

Competitive Comparison of The Good Shroom Co's Pretax Margin %

For the Beverages - Non-Alcoholic subindustry, The Good Shroom Co'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.


The Good Shroom Co's Pretax Margin % Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, The Good Shroom Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where The Good Shroom Co's Pretax Margin % falls into.



The Good Shroom Co 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.

The Good Shroom Co's Pretax Margin for the fiscal year that ended in Jul. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jul. 2023 )/Revenue (A: Jul. 2023 )
=-0.342/2.394
=-14.29 %

The Good Shroom Co's Pretax Margin for the quarter that ended in Jan. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=0.042/0.691
=6.08 %

* 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.


The Good Shroom Co  (OTCPK:TGSHF) 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.


The Good Shroom Co Pretax Margin % Related Terms

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The Good Shroom Co (The Good Shroom Co) Business Description

Comparable Companies
Traded in Other Exchanges
Address
324 Marie-Curie, Vaudreuil, QC, CAN, J7V 5V5
The Good Shroom Co Inc operates a portfolio of brands that include traditional cannabis and beverage products. The company exists to promote the use of mushrooms through its brands; The Teo Nan brand is a functional mushroom beverage range serving the American and Canadian wellness market via DTC and retail; The Nordique Royale is a premium quality hash; and The Velada brand is a range of CBD-infused functional mushroom beverages serving the Canadian legal cannabis market.

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