Gryphon Digital Mining (Gryphon Digital Mining) Pretax Margin % : -125.85% (As of Dec. 2023)

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What is Gryphon Digital Mining Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Gryphon Digital Mining's Pre-Tax Income for the six months ended in Dec. 2023 was $-8.60 Mil. Gryphon Digital Mining's Revenue for the six months ended in Dec. 2023 was $6.84 Mil. Therefore, Gryphon Digital Mining's pretax margin for the quarter that ended in Dec. 2023 was -125.85%.

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

KERNW' s Pretax Margin % Range Over the Past 10 Years
Min: -595.8 Med: -449.22 Max: -125.85
Current: -125.85

KERNW's Pretax Margin % is ranked worse than
90.6% of 777 companies
in the Capital Markets industry
Industry Median: 18.71 vs KERNW: -125.85

Gryphon Digital Mining Pretax Margin % Historical Data

The historical data trend for Gryphon Digital Mining'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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Gryphon Digital Mining Pretax Margin % Chart

Gryphon Digital Mining Annual Data

Trend

Dec21

Dec22

Dec23

Pretax Margin %

-595.80

-449.22

-125.85

Gryphon Digital Mining Semi-Annual Data
	Dec21	Dec22	Dec23
Pretax Margin %	-595.80	-449.22	-125.85

Competitive Comparison of Gryphon Digital Mining's Pretax Margin %

For the Capital Markets subindustry, Gryphon Digital Mining'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.

Gryphon Digital Mining's Pretax Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Gryphon Digital Mining's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Gryphon Digital Mining's Pretax Margin % falls into.

Gryphon Digital Mining 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.

Gryphon Digital Mining'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 )
	=	-8.603	/	6.836
	=	-125.85 %

Gryphon Digital Mining's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-8.603	/	6.836
	=	-125.85 %

Gryphon Digital Mining (OTCPK:KERNW) 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.

Gryphon Digital Mining Pretax Margin % Related Terms

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Gryphon Digital Mining (Gryphon Digital Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Gryphon Digital Mining Inc (OTCPK:KERNW) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

GRYP:USA

Address

5953 Mabel Road, Unit 138, Las Vegas, NV, USA, 89110

Website

https://gryphondigitalmining.com

Gryphon Digital Mining Inc is a Bitcoin mining company. Gryphon's mission is to create the world's leading net carbon-neutral Bitcoin miner. The Company will operate a digital asset, mining operation using specialized computers equipped with application-specific integrated circuit (ASIC) chips to solve complex cryptographic algorithms in support of the Bitcoin blockchain in exchange for cryptocurrency rewards (primarily Bitcoin).