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BACK (IMAC Holdings) Pretax Margin % : -3,751.79% (As of Sep. 2024)


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What is IMAC Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. IMAC Holdings's Pre-Tax Income for the three months ended in Sep. 2024 was $-2.10 Mil. IMAC Holdings's Revenue for the three months ended in Sep. 2024 was $0.06 Mil. Therefore, IMAC Holdings's pretax margin for the quarter that ended in Sep. 2024 was -3,751.79%.

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

BACK' s Pretax Margin % Range Over the Past 10 Years
Min: -6493.06   Med: -64.88   Max: -43.18
Current: -6493.06


BACK's Pretax Margin % is ranked worse than
98.5% of 668 companies
in the Healthcare Providers & Services industry
Industry Median: 3.085 vs BACK: -6493.06

IMAC Holdings Pretax Margin % Historical Data

The historical data trend for IMAC Holdings'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.

IMAC Holdings Pretax Margin % Chart

IMAC Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial -45.96 -43.18 -73.28 - -

IMAC Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only - - - -8,831.25 -3,751.79

Competitive Comparison of IMAC Holdings's Pretax Margin %

For the Medical Care Facilities subindustry, IMAC Holdings'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.


IMAC Holdings's Pretax Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, IMAC Holdings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where IMAC Holdings's Pretax Margin % falls into.


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IMAC Holdings 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.

IMAC Holdings's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-6.475/0
= %

IMAC Holdings's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-2.101/0.056
=-3,751.79 %

* 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.


IMAC Holdings  (OTCPK:BACK) 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.


IMAC Holdings Pretax Margin % Related Terms

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IMAC Holdings Business Description

Traded in Other Exchanges
N/A
Address
3401 Mallory Lane, Suite 100, Franklin, TN, USA, 37067
IMAC Holdings Inc is a provider and manager of value-based, conservative medical care combining life science advancements with traditional medical care for movement-restricting diseases and conditions in IMAC Regeneration Centers and BackSpace clinics. Its Innovative Medical Advancements and Care (IMAC) Regeneration Centers combine medical and physical procedures to improve patient experiences and outcomes and reduce healthcare costs as compared to other available treatment options.
Executives
Benjamin S Lerner officer: Chief Operating Officer C/O IMAC HOLDINGS, INC., 1605 WESTGATE CIRCLE, BRENTWOOD TN 37027
Matthew C Wallis director, 10 percent owner, officer: Chief Operating Officer C/O IMAC HOLDINGS, INC., 1605 WESTGATE CIRCLE, BRENTWOOD TN 37027
Michael D Pruitt director 11220 ELM LANE, SUITE 203, CHARLOTTE NC 28277
Cary Sucoff director 1612 EAST CAPE CORAL PKWY, C/O LEGACY EDUCATION ALLIANCE, INC., CAPE CORAL FL 33904
Maurice E. Evans director C/O IMAC HOLDINGS, INC., 1605 WESTGATE CIRCLE, BRENTWOOD TN 37027
Jeffrey S Ervin director, officer: Chief Executive Officer C/O IMAC HOLDINGS, INC., 1605 WESTGATE CIRCLE, BRENTWOOD TN 37027
Hayden Gerard M Jr director C/O PRIVATE BUSINESS INC, P O BOX 1603, BRENTWOOD TN 37024
David Ellwanger director C/O IMAC HOLDINGS, INC., 1605 WESTGATE CIRCLE, BRENTWOOD TN 37027
Sheri Gardzina officer: Interim CFO C/O IMAC HOLDINGS, INC., 1605 WESTGATE CIRCLE, BRENTWOOD TN 37027
George P Hampton director C/O HORIZON PHARMA PLC, 520 LAKE COOK ROAD, STE 520, DEERFIELD IL 60015
Dean Weiland director C/O IMAC HOLDINGS, INC., 1605 WESTGATE CIRCLE, BRENTWOOD TN 37027
Dwight Anthony Bond officer: Chief Financial Officer C/O IMAC HOLDINGS, INC., BRENTWOOD TN 37027