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Notable Labs (Notable Labs) Pretax Margin % : -3,633.55% (As of Dec. 2023)


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What is Notable Labs Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Notable Labs's Pre-Tax Income for the six months ended in Dec. 2023 was $-11.26 Mil. Notable Labs's Revenue for the six months ended in Dec. 2023 was $0.31 Mil. Therefore, Notable Labs's pretax margin for the quarter that ended in Dec. 2023 was -3,633.55%.

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

NTBL' s Pretax Margin % Range Over the Past 10 Years
Min: -180087.5   Med: -5632.28   Max: -3633.55
Current: -3633.55


NTBL's Pretax Margin % is ranked worse than
84.24% of 1028 companies
in the Biotechnology industry
Industry Median: -155.98 vs NTBL: -3633.55

Notable Labs Pretax Margin % Historical Data

The historical data trend for Notable Labs'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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Notable Labs Pretax Margin % Chart

Notable Labs Annual Data
Trend Dec21 Dec22 Dec23
Pretax Margin %
-5,632.28 -180,087.50 -3,633.55

Notable Labs Semi-Annual Data
Dec21 Dec22 Dec23
Pretax Margin % -5,632.28 -180,087.50 -3,633.55

Competitive Comparison of Notable Labs's Pretax Margin %

For the Biotechnology subindustry, Notable Labs'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.


Notable Labs's Pretax Margin % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Notable Labs's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Notable Labs's Pretax Margin % falls into.



Notable Labs 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.

Notable Labs'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 )
=-11.264/0.31
=-3,633.55 %

Notable Labs'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 )
=-11.264/0.31
=-3,633.55 %

* 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.


Notable Labs  (NAS:NTBL) 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.


Notable Labs Pretax Margin % Related Terms

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Notable Labs (Notable Labs) Business Description

Traded in Other Exchanges
N/A
Address
320 Hatch Drive, Foster City, CA, USA, 94404
Notable Labs Ltd is a clinical-stage platform therapeutics company developing predictive precision medicines for patients with cancer. Through its proprietary Predictive Precision Medicines Platform (PPMP), Notable bio-simulates a cancer treatment to predict whether or not a patient is likely to respond to that specific therapeutic. Through its proprietary Predictive Precision Medicines Platform (PPMP), Notable bio-simulates a cancer treatment to predict whether or not a patient is likely to respond to that specific therapeutic.