G Medical Innovations Holdings (G Medical Innovations Holdings) Pretax Margin % : -30.42% (As of Dec. 2022)

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What is G Medical Innovations Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. G Medical Innovations Holdings's Pre-Tax Income for the six months ended in Dec. 2022 was $-0.67 Mil. G Medical Innovations Holdings's Revenue for the six months ended in Dec. 2022 was $2.20 Mil. Therefore, G Medical Innovations Holdings's pretax margin for the quarter that ended in Dec. 2022 was -30.42%.

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

GMVDF's Pretax Margin % is not ranked ^*
in the Medical Devices & Instruments industry.
Industry Median: -0.89
* Ranked among companies with meaningful Pretax Margin % only.

G Medical Innovations Holdings Pretax Margin % Historical Data

The historical data trend for G Medical Innovations 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.

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G Medical Innovations Holdings Pretax Margin % Chart

G Medical Innovations Holdings Annual Data

Trend

Sep16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Pretax Margin %

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-565.68

-296.16

-259.31

-294.09

-315.43

G Medical Innovations Holdings Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Pretax Margin %	Get a 7-Day Free Trial							-266.99	-163.28	-482.02	-596.85	-30.42

Competitive Comparison of G Medical Innovations Holdings's Pretax Margin %

For the Medical Instruments & Supplies subindustry, G Medical Innovations 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.

G Medical Innovations Holdings's Pretax Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, G Medical Innovations Holdings's Pretax Margin % distribution charts can be found below:

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

G Medical Innovations 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.

G Medical Innovations Holdings's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	-13.942	/	4.42
	=	-315.43 %

G Medical Innovations Holdings's Pretax Margin for the quarter that ended in Dec. 2022 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Dec. 2022 )	/	Revenue (Q: Dec. 2022 )
	=	-0.668	/	2.196
	=	-30.42 %

G Medical Innovations Holdings (OTCPK:GMVDF) 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.

G Medical Innovations Holdings Pretax Margin % Related Terms

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G Medical Innovations Holdings (G Medical Innovations Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » G Medical Innovations Holdings Ltd (OTCPK:GMVDF) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Oppenheimer Street, Rehovot, ISR, 7670105

Website

https://www.gmedinnovations.com

G Medical Innovations Holdings Ltd is a mobile health (mHealth), telemedicine solutions, and monitoring service platforms. It develops and markets clinical and consumer medical-grade health monitoring solutions and offers end-to-end support for e-health projects. The company offers a suite of both consumer and clinical grade products and platforms which are positioned to reduce inefficiencies in healthcare delivery, improve access, reduce costs, increase the quality of care, and make healthcare more personalized and precise. Its operating segment includes Products, Patient Services, and Covid-19 testing. The company generates maximum revenue from the Patient Services segment.

Executives

Awm Investment Company, Inc.

10 percent owner

527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022