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VRHI (Veri Medtech Holdings) Pretax Margin % : -67.35% (As of Dec. 2021)


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What is Veri Medtech Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Veri Medtech Holdings's Pre-Tax Income for the six months ended in Dec. 2021 was $-0.03 Mil. Veri Medtech Holdings's Revenue for the six months ended in Dec. 2021 was $0.05 Mil. Therefore, Veri Medtech Holdings's pretax margin for the quarter that ended in Dec. 2021 was -67.35%.

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


VRHI's Pretax Margin % is not ranked *
in the Media - Diversified industry.
Industry Median: 1.675
* Ranked among companies with meaningful Pretax Margin % only.

Veri Medtech Holdings Pretax Margin % Historical Data

The historical data trend for Veri Medtech 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.

Veri Medtech Holdings Pretax Margin % Chart

Veri Medtech Holdings Annual Data
Trend Dec21
Pretax Margin %
-67.35

Veri Medtech Holdings Semi-Annual Data
Dec21
Pretax Margin % -67.35

Competitive Comparison of Veri Medtech Holdings's Pretax Margin %

For the Entertainment subindustry, Veri Medtech 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.


Veri Medtech Holdings's Pretax Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Veri Medtech Holdings's Pretax Margin % distribution charts can be found below:

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


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Veri Medtech 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.

Veri Medtech Holdings's Pretax Margin for the fiscal year that ended in Dec. 2021 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2021 )/Revenue (A: Dec. 2021 )
=-0.033/0.049
=-67.35 %

Veri Medtech Holdings's Pretax Margin for the quarter that ended in Dec. 2021 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2021 )/Revenue (Q: Dec. 2021 )
=-0.033/0.049
=-67.35 %

* 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.


Veri Medtech Holdings  (OTCPK:VRHI) 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.


Veri Medtech Holdings Pretax Margin % Related Terms

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Veri Medtech Holdings Business Description

Traded in Other Exchanges
N/A
Address
2365 Wall Street, Conyers, GA, USA, 30013
Veri Medtech Holdings Inc Formerly Light Media Holdings Inc is engaged in inspirational media and entertainment, via a variety of websites and distribution channels. It consists of web and mobile-enabled digital properties, apps, and social media platforms, providing news, information, and entertainment that provide clients with a powerful reach and visibility within and throughout the media demographic. The company enables sponsors and advertisers to realize the superior benefits of integrated 360 digital advertising reach via audio/video, banner ads, e-blasts, and social media engagement.

Veri Medtech Holdings Headlines

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