Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Atlas Lithium's Pre-Tax Income for the
three
months ended in Sep. 2024 was $-9.71 Mil. Atlas Lithium's Revenue for the
three
months ended in Sep. 2024 was $0.17 Mil. Therefore, Atlas Lithium's pretax margin for the quarter that ended in Sep. 2024 was -5,713.53%.
The historical rank and industry rank for Atlas Lithium's Pretax Margin % or its related term are showing as below:
ATLX'
s Pretax Margin % Range Over the Past 10 Years
Min: -40250 Med: -7983.37 Max: -691.26
Current: -9117.22
ATLX's Pretax Margin % is ranked worse than 90.79% of 858
companies
in the Metals & Mining industry
Industry Median: 1.65
vs ATLX: -9117.22
Atlas Lithium Pretax Margin % Historical Data
The historical data trend for Atlas Lithium'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.
Competitive Comparison of Atlas Lithium's Pretax Margin %
For the Other Industrial Metals & Mining subindustry, Atlas Lithium'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.
Atlas Lithium's Pretax Margin % Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Atlas Lithium's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Atlas Lithium's Pretax Margin % falls into.
Atlas Lithium 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.
Atlas Lithium's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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 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.
Atlas Lithium Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Atlas Lithium's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Atlas Lithium Corp is a mineral exploration and development company with lithium projects and exploration properties in other critical and battery minerals, including nickel, rare earth, graphite, and titanium, to power the increased demand for electrification. Its focus is on developing its hard-rock lithium project Minas Gerais Lithium Project located in Minas Gerais State in Brazil. The company intends to produce and sell lithium concentrate, a key ingredient for the battery supply chain. They intend to mine and then process its lithium-containing ore to produce lithium concentrate (also known as spodumene concentrate), a key ingredient for the battery supply chain.
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