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Goodfood Market (Goodfood Market) Pretax Margin % : 3.50% (As of Feb. 2024)


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What is Goodfood Market Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Goodfood Market's Pre-Tax Income for the three months ended in Feb. 2024 was $1.0 Mil. Goodfood Market's Revenue for the three months ended in Feb. 2024 was $29.4 Mil. Therefore, Goodfood Market's pretax margin for the quarter that ended in Feb. 2024 was 3.50%.

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

GDDFF' s Pretax Margin % Range Over the Past 10 Years
Min: -49.84   Med: -12.98   Max: -2.15
Current: -3.41


GDDFF's Pretax Margin % is ranked worse than
78.3% of 106 companies
in the Personal Services industry
Industry Median: 3.955 vs GDDFF: -3.41

Goodfood Market Pretax Margin % Historical Data

The historical data trend for Goodfood Market'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.

Goodfood Market Pretax Margin % Chart

Goodfood Market Annual Data
Trend Dec15 Dec16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only -12.98 -2.15 -8.25 -45.89 -9.80

Goodfood Market Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.06 -2.76 -9.91 -4.88 3.50

Competitive Comparison of Goodfood Market's Pretax Margin %

For the Personal Services subindustry, Goodfood Market'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.


Goodfood Market's Pretax Margin % Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Goodfood Market's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Goodfood Market's Pretax Margin % falls into.



Goodfood Market 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.

Goodfood Market's Pretax Margin for the fiscal year that ended in Aug. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Aug. 2023 )/Revenue (A: Aug. 2023 )
=-12.26/125.062
=-9.80 %

Goodfood Market's Pretax Margin for the quarter that ended in Feb. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Feb. 2024 )/Revenue (Q: Feb. 2024 )
=1.032/29.448
=3.50 %

* 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.


Goodfood Market  (OTCPK:GDDFF) 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.


Goodfood Market Pretax Margin % Related Terms

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Goodfood Market (Goodfood Market) Business Description

Traded in Other Exchanges
Address
4600 Hickmore Street, Saint-Laurent, Montreal, QC, CAN, H4T 1K2
Goodfood Market Corp is an online grocery company in Canada delivering fresh meal solutions and groceries that make it easy for members to enjoy delicious meals at home every day. The principal business activity is focused on developing and servicing the online meal kit and grocery add-on market. Goodfood members have access to products and exclusive pricing made possible by its direct-to-consumer fulfilment ecosystem that eliminates waste and retail overhead. It has a production facility and administrative offices in Montreal, with five additional facilities located in Quebec, Ontario, Alberta, and British Columbia. The Company is passionate about connecting its partner farms and suppliers to its customers' kitchens while eliminating food waste and costly retail overhead.