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Grit Metals (FRA:K9T) Pretax Margin % : % (As of Nov. 2024)


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What is Grit Metals Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Grit Metals's Pre-Tax Income for the three months ended in Nov. 2024 was €-0.23 Mil. Grit Metals's Revenue for the three months ended in Nov. 2024 was €0.00 Mil. Therefore, Grit Metals's pretax margin for the quarter that ended in Nov. 2024 was %.

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


FRA:K9T's Pretax Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 2.13
* Ranked among companies with meaningful Pretax Margin % only.

Grit Metals Pretax Margin % Historical Data

The historical data trend for Grit Metals'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.

Grit Metals Pretax Margin % Chart

Grit Metals Annual Data
Trend May21 May22 May23 May24
Pretax Margin %
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Grit Metals Quarterly Data
May21 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Grit Metals's Pretax Margin %

For the Other Industrial Metals & Mining subindustry, Grit Metals'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.


Grit Metals's Pretax Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Grit Metals's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Grit Metals's Pretax Margin % falls into.


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Grit Metals 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.

Grit Metals's Pretax Margin for the fiscal year that ended in May. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: May. 2024 )/Revenue (A: May. 2024 )
=-1.497/0
= %

Grit Metals's Pretax Margin for the quarter that ended in Nov. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Nov. 2024 )/Revenue (Q: Nov. 2024 )
=-0.231/0
= %

* 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.


Grit Metals  (FRA:K9T) 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.


Grit Metals Pretax Margin % Related Terms

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Grit Metals Business Description

Traded in Other Exchanges
Address
503 - 905 West Pender Street, Vancouver, BC, CAN, V6C 1L6
Grit Metals Corp is a junior mining company currently focussed on the Lithium-Cesium-Tantalum Finnish Pegmatite Project in central Finland. Governing bodies in Europe and Finland are legislating environmentally friendly and energy-independent laws and policies. Its key component is access to REE and, specifically, lithium. The company's exploration licenses are located within the Keliber mine and production complex, currently under construction and expected to begin production in H2 2025.

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