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Glow LifeTech (XCNQ:GLOW) Pretax Margin % : -1,926.32% (As of Sep. 2023)


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What is Glow LifeTech Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Glow LifeTech's Pre-Tax Income for the three months ended in Sep. 2023 was C$-0.37 Mil. Glow LifeTech's Revenue for the three months ended in Sep. 2023 was C$0.02 Mil. Therefore, Glow LifeTech's pretax margin for the quarter that ended in Sep. 2023 was -1,926.32%.

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

XCNQ:GLOW' s Pretax Margin % Range Over the Past 10 Years
Min: -10289.47   Med: 0   Max: 0
Current: -10289.47


XCNQ:GLOW's Pretax Margin % is ranked worse than
91.17% of 1019 companies
in the Biotechnology industry
Industry Median: -154.52 vs XCNQ:GLOW: -10289.47

Glow LifeTech Pretax Margin % Historical Data

The historical data trend for Glow LifeTech'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.

Glow LifeTech Pretax Margin % Chart

Glow LifeTech Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Pretax Margin %
- - - -

Glow LifeTech Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - - - -1,926.32

Competitive Comparison of Glow LifeTech's Pretax Margin %

For the Biotechnology subindustry, Glow LifeTech'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.


Glow LifeTech's Pretax Margin % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Glow LifeTech's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Glow LifeTech's Pretax Margin % falls into.



Glow LifeTech 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.

Glow LifeTech's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=-2.271/0
= %

Glow LifeTech'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 )
=-0.366/0.019
=-1,926.32 %

* 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.


Glow LifeTech  (XCNQ:GLOW) 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.


Glow LifeTech Pretax Margin % Related Terms

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Glow LifeTech (XCNQ:GLOW) Business Description

Traded in Other Exchanges
Address
65 International Boulevard, Suite 206, Etobicoke, ON, CAN, M9W 6L9
Glow LifeTech Corp is a biotechnology company focused on producing nutraceutical and cannabinoid-based products with dramatically enhanced bioavailability, absorption, and effectiveness. Its plant-based MyCell Technology delivery system transforms poorly absorbed natural compounds into enhanced water-compatible concentrates, unlocking the full healing potential of natural active compounds.
Executives
Daniel Proska Director

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