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FNTTF (XR Immersive Tech) Pretax Margin % : -160.00% (As of Sep. 2024)


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What is XR Immersive Tech Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. XR Immersive Tech's Pre-Tax Income for the three months ended in Sep. 2024 was $-0.24 Mil. XR Immersive Tech's Revenue for the three months ended in Sep. 2024 was $0.15 Mil. Therefore, XR Immersive Tech's pretax margin for the quarter that ended in Sep. 2024 was -160.00%.

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

FNTTF' s Pretax Margin % Range Over the Past 10 Years
Min: -4023.15   Med: -648.88   Max: 5.62
Current: -542.24


FNTTF's Pretax Margin % is ranked worse than
98.64% of 2434 companies
in the Hardware industry
Industry Median: 3.695 vs FNTTF: -542.24

XR Immersive Tech Pretax Margin % Historical Data

The historical data trend for XR Immersive Tech'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.

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XR Immersive Tech Pretax Margin % Chart

XR Immersive Tech Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Pretax Margin %
5.60 -4,041.67 -506.70 -791.00

XR Immersive Tech Quarterly Data
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 -237.68 14,281.25 -135.07 -41.56 -160.00

Competitive Comparison of XR Immersive Tech's Pretax Margin %

For the Computer Hardware subindustry, XR Immersive Tech'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.


XR Immersive Tech's Pretax Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, XR Immersive Tech's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where XR Immersive Tech's Pretax Margin % falls into.


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XR Immersive Tech 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.

XR Immersive Tech'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 )
=-3.077/0.389
=-791.00 %

XR Immersive Tech'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 )
=-0.24/0.15
=-160.00 %

* 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.


XR Immersive Tech  (OTCPK:FNTTF) 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.


XR Immersive Tech Pretax Margin % Related Terms

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XR Immersive Tech Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7
XR Immersive Tech Inc is a Virtual Reality and Augmented Reality entertainment and attractions manufacturer blending amusement park engineering and video game development to create custom experiences through its flagship hyper-immersive multiplayer VR attraction Uncontained. The company is a location management and content licensing platform.