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ELLXD (Elixinol Wellness) Pretax Margin % : -40.67% (As of Jun. 2024)


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What is Elixinol Wellness Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Elixinol Wellness's Pre-Tax Income for the six months ended in Jun. 2024 was $-1.83 Mil. Elixinol Wellness's Revenue for the six months ended in Jun. 2024 was $4.50 Mil. Therefore, Elixinol Wellness's pretax margin for the quarter that ended in Jun. 2024 was -40.67%.

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

ELLXD' s Pretax Margin % Range Over the Past 10 Years
Min: -668.07   Med: -166.42   Max: -1.34
Current: -59.25


ELLXD's Pretax Margin % is ranked worse than
84.52% of 995 companies
in the Drug Manufacturers industry
Industry Median: 5.23 vs ELLXD: -59.25

Elixinol Wellness Pretax Margin % Historical Data

The historical data trend for Elixinol Wellness'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.

Elixinol Wellness Pretax Margin % Chart

Elixinol Wellness Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial -270.82 -668.06 -183.01 -149.83 -90.75

Elixinol Wellness Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -221.64 -89.65 -98.23 -85.38 -40.67

Competitive Comparison of Elixinol Wellness's Pretax Margin %

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


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

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

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



Elixinol Wellness 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.

Elixinol Wellness'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 )
=-5.023/5.535
=-90.75 %

Elixinol Wellness's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=-1.829/4.497
=-40.67 %

* 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.


Elixinol Wellness  (OTCPK:ELLXD) 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.


Elixinol Wellness Pretax Margin % Related Terms

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Elixinol Wellness Business Description

Traded in Other Exchanges
Address
680 George Street, Level 12, Sydney, NSW, AUS, 2000
Elixinol Wellness Ltd is engaged in the hemp industry, innovating, marketing, and selling hemp-derived nutraceutical, cosmetic, and food products. It operates in the three operating segments of the Americas, Australia, Rest of the World regions of which key revenue is derived from the Australia segment. The Australia segment includes the results from operations of Elixinol Wellness (Byron Bay) Pty Ltd and The Sustainable Nutrition Group Pty Ltd and its subsidiaries.