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Discover Wellness Solutions (XCNQ:WLNS) Pretax Margin % : -388,700.00% (As of Sep. 2021)


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What is Discover Wellness Solutions Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Discover Wellness Solutions's Pre-Tax Income for the three months ended in Sep. 2021 was C$-7.77 Mil. Discover Wellness Solutions's Revenue for the three months ended in Sep. 2021 was C$0.00 Mil. Therefore, Discover Wellness Solutions's pretax margin for the quarter that ended in Sep. 2021 was -388,700.00%.

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


XCNQ:WLNS's Pretax Margin % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 4.12
* Ranked among companies with meaningful Pretax Margin % only.

Discover Wellness Solutions Pretax Margin % Historical Data

The historical data trend for Discover Wellness Solutions'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.

Discover Wellness Solutions Pretax Margin % Chart

Discover Wellness Solutions Annual Data
Trend Dec17 Dec18 Dec19 Dec20
Pretax Margin %
- - - -

Discover Wellness Solutions Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 - - - - -388,700.00

Competitive Comparison of Discover Wellness Solutions's Pretax Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Discover Wellness Solutions'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.


Discover Wellness Solutions's Pretax Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Discover Wellness Solutions's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Discover Wellness Solutions's Pretax Margin % falls into.



Discover Wellness Solutions 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.

Discover Wellness Solutions'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 )
=-3.311/0
= %

Discover Wellness Solutions's Pretax Margin for the quarter that ended in Sep. 2021 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2021 )/Revenue (Q: Sep. 2021 )
=-7.774/0.002
=-388,700.00 %

* 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.


Discover Wellness Solutions  (XCNQ:WLNS) 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.


Discover Wellness Solutions Pretax Margin % Related Terms

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Discover Wellness Solutions (XCNQ:WLNS) Business Description

Traded in Other Exchanges
N/A
Address
707 5th Street SW, Suite 500, Calgary, AB, CAN, T2P 0Y3
Discover Wellness Solutions Inc is focused on the production, cultivation and sale of cannabis in various forms. The company through its wholly-owned subsidiary, Rocky Mountain Marijuana Inc, a late-stage applicant under the Cannabis Act. Rocky Mountain blends science with nature using aeroponic cultivation and CO2 extraction to produce high-purity, organic-quality cannabis products.

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