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Odd Burger (TSXV:ODD) Pretax Margin % : -37.60% (As of Dec. 2023)


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What is Odd Burger Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Odd Burger's Pre-Tax Income for the three months ended in Dec. 2023 was C$-0.28 Mil. Odd Burger's Revenue for the three months ended in Dec. 2023 was C$0.73 Mil. Therefore, Odd Burger's pretax margin for the quarter that ended in Dec. 2023 was -37.60%.

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

TSXV:ODD' s Pretax Margin % Range Over the Past 10 Years
Min: -442.34   Med: -202.67   Max: -113.3
Current: -113.3


TSXV:ODD's Pretax Margin % is ranked worse than
98.28% of 348 companies
in the Restaurants industry
Industry Median: 3.035 vs TSXV:ODD: -113.30

Odd Burger Pretax Margin % Historical Data

The historical data trend for Odd Burger'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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Odd Burger Pretax Margin % Chart

Odd Burger Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Pretax Margin %
-260.15 -442.34 -145.19 -141.91

Odd Burger Quarterly Data
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 -160.87 -129.91 -97.91 -179.46 -37.60

Competitive Comparison of Odd Burger's Pretax Margin %

For the Restaurants subindustry, Odd Burger'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.


Odd Burger's Pretax Margin % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Odd Burger's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Odd Burger's Pretax Margin % falls into.



Odd Burger 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.

Odd Burger's Pretax Margin for the fiscal year that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Sep. 2023 )/Revenue (A: Sep. 2023 )
=-4.602/3.243
=-141.91 %

Odd Burger'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 )
=-0.276/0.734
=-37.60 %

* 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.


Odd Burger  (TSXV:ODD) 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.


Odd Burger Pretax Margin % Related Terms

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Odd Burger (TSXV:ODD) Business Description

Traded in Other Exchanges
Address
505 Consortium Court, London, ON, CAN, N6E 2S8
Odd Burger Corp is a plant-based food technology company that manufactures and distributes plant-based protein and dairy alternatives using locally sourced and sustainable ingredients. It distributes its products through a proprietary food service line to company-owned and franchised fast-food restaurant locations. Its restaurant locations operate as smart kitchens, which use state-of-the-art cooking technology and automation solutions to deliver a delicious food experience to customers craving healthier and more sustainable fast food. The company operates a manufacturing facility and has restaurant locations in Canada.