NTBLQ (Notable Labs) Pretax Margin %: -260,950.00% (As of Jun. 2024)


What is Notable Labs Pretax Margin %?

Notable Labs NTBLQ -90.00% Pretax Margin % is -260,950.00% as of Jun. 2024.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Notable Labs's Pre-Tax Income for the three months ended in Jun. 2024 was $-5.22 Mil. Notable Labs's Revenue for the three months ended in Jun. 2024 was $0.00 Mil. Therefore, Notable Labs's pretax margin for the quarter that ended in Jun. 2024 was -260,950.00%.

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


NTBLQ's Pretax Margin % is not ranked *
in the Biotechnology industry.
Industry Median: -90.5
* Ranked among companies with meaningful Pretax Margin % only.

Notable Labs  (OTCPK:NTBLQ) 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

Notable Labs Pretax Margin % Historical Data

* Premium members only.

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.

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 Quarterly Data
Dec21 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24
Pretax Margin % Get a 7-Day Free Trial 0.00 0.00 0.00 -376,600.00 -260,950.00

NTBLQ vs VRTX, REGN, ALNY: Pretax Margin % Comparison

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 Pretax Margin % vs 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 Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=-5.219/0.002
=-260,950.00 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of -260,950.00% mean?
Notable Labs (NTBLQ) has a Pretax Margin % of -260,950.00% as of Jun. 2024. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Notable Labs and its competitors.
Is Notable Labs' Pretax Margin % too high?
Notable Labs' current Pretax Margin % is -260,950.00%.
How does Notable Labs' Pretax Margin % compare to VRTX and REGN?
Notable Labs' Pretax Margin % of -260,950.00% can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Biotechnology company?
A good Pretax Margin % depends on the Biotechnology industry context. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Notable Labs and its competitors. Notable Labs's current Pretax Margin % is -260,950.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Notable Labs stock overvalued right now?
Notable Labs (NTBLQ) has a current Pretax Margin % of -260,950.00%. The current Pretax Margin % is -260,950.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Notable Labs (NTBLQ), the current Pretax Margin % is -260,950.00% as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Notable Labs Business Description

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. PPMP is designed to enable Notable to identify and select patients expected to be clinically responsive before the initiation of their treatment and potentially enable fast-track therapeutic development in this patient population.