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IONM (Assure Holdings) Pretax Margin % : -384,800.00% (As of Jun. 2024)


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What is Assure Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Assure Holdings's Pre-Tax Income for the three months ended in Jun. 2024 was $-3.85 Mil. Assure Holdings's Revenue for the three months ended in Jun. 2024 was $0.00 Mil. Therefore, Assure Holdings's pretax margin for the quarter that ended in Jun. 2024 was -384,800.00%.

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

IONM' s Pretax Margin % Range Over the Past 10 Years
Min: -25318.39   Med: -29.32   Max: 87.01
Current: -25318.39


IONM's Pretax Margin % is ranked worse than
99.7% of 671 companies
in the Healthcare Providers & Services industry
Industry Median: 3.08 vs IONM: -25318.39

Assure Holdings Pretax Margin % Historical Data

The historical data trend for Assure 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.

* Premium members only.

Assure Holdings Pretax Margin % Chart

Assure Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.87 -488.68 -12.28 -4,811.25 -8,699.22

Assure Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -6,213.43 -10,287.50 -29,558.62 -51,877.78 -384,800.00

Competitive Comparison of Assure Holdings's Pretax Margin %

For the Medical Care Facilities subindustry, Assure 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.


Assure Holdings's Pretax Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Assure Holdings's Pretax Margin % distribution charts can be found below:

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



Assure 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.

Assure Holdings'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 )
=-22.183/0.255
=-8,699.22 %

Assure Holdings'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 )
=-3.848/0.001
=-384,800.00 %

* 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.


Assure Holdings  (OTCPK:IONM) 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.


Assure Holdings Pretax Margin % Related Terms

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Assure Holdings Business Description

Traded in Other Exchanges
N/A
Address
7887 East Belleview Avenue, Suite 240, Denver, CO, USA, 80111
Assure Holdings Corp provides technical and professional intraoperative neuromonitoring (IONM) surgical support services for neurosurgery, spine, cardiovascular, orthopedic, ear, nose, and throat, and other surgical procedures that place the nervous system at risk.
Executives
Preston J Parsons director, 10 percent owner, officer: Founder 5 MOCKINGBIRD LANE, CHERRY HILLS VILLAGE CO 80113
Martin Andrew Burian director SUITE 1225, 4600 S ULSTER ST, DENVER CO 80237
John C Price officer: CFO 4721 IRONTON STREET, BUILDING A, DENVER CO 80239
John Farlinger director, officer: CEO 4600 S. ULSTER ST., SUITE 1225, DENVER CO 80237
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Flood John Lawrence Sr director 11940 JOLLYVILLE ROAD, SUITE 300-N, AUSTIN TX 78759
Christopher Stephen Rumana director 4600 S. ULSTER STREET, SUITE 1225, DENVER CO 80237
Steven Jay Summer director 4600 S ULSTER ST, SUITE 1225, DENVER CO 80237