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Foremost Lithium Resource & Technology (XCNQ:FAT) Pretax Margin % : % (As of Sep. 2023)


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What is Foremost Lithium Resource & Technology Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Foremost Lithium Resource & Technology's Pre-Tax Income for the three months ended in Sep. 2023 was C$-1.70 Mil. Foremost Lithium Resource & Technology's Revenue for the three months ended in Sep. 2023 was C$0.00 Mil. Therefore, Foremost Lithium Resource & Technology's pretax margin for the quarter that ended in Sep. 2023 was %.

The historical rank and industry rank for Foremost Lithium Resource & Technology's Pretax Margin % or its related term are showing as below:


XCNQ:FAT's Pretax Margin % is not ranked *
in the Chemicals industry.
Industry Median: 5.49
* Ranked among companies with meaningful Pretax Margin % only.

Foremost Lithium Resource & Technology Pretax Margin % Historical Data

The historical data trend for Foremost Lithium Resource & Technology'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.

Foremost Lithium Resource & Technology Pretax Margin % Chart

Foremost Lithium Resource & Technology Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Pretax Margin %
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Foremost Lithium Resource & Technology Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Foremost Lithium Resource & Technology's Pretax Margin %

For the Chemicals subindustry, Foremost Lithium Resource & Technology'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.


Foremost Lithium Resource & Technology's Pretax Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Foremost Lithium Resource & Technology's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Foremost Lithium Resource & Technology's Pretax Margin % falls into.



Foremost Lithium Resource & Technology 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.

Foremost Lithium Resource & Technology's Pretax Margin for the fiscal year that ended in Mar. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=0.957/0
= %

Foremost Lithium Resource & Technology's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-1.696/0
= %

* 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.


Foremost Lithium Resource & Technology  (XCNQ:FAT) 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.


Foremost Lithium Resource & Technology Pretax Margin % Related Terms

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Foremost Lithium Resource & Technology (XCNQ:FAT) Business Description

Traded in Other Exchanges
Address
700 West Georgia Street, Suite 2500, Vancouver, BC, CAN, V7Y 1K8
Foremost Lithium Resource & Technology Ltd is a hard-rock exploration company strategically located to capitalize on the growing EV appetite and is committed to being a supplier of North America's lithium feedstock. As the transition towards decarbonization, the company is focused on the exploration and growth of its five Lithium Lane Projects in Snow Lake Manitoba. It also has the Winston Gold/Silver Property in New Mexico, USA.
Executives
Sead Hamzagic Senior Officer