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TGS Esports (TGS Esports) Pretax Margin % : -222.86% (As of Mar. 2022)


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What is TGS Esports Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. TGS Esports's Pre-Tax Income for the three months ended in Mar. 2022 was $-0.47 Mil. TGS Esports's Revenue for the three months ended in Mar. 2022 was $0.21 Mil. Therefore, TGS Esports's pretax margin for the quarter that ended in Mar. 2022 was -222.86%.

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


TGSEF's Pretax Margin % is not ranked *
in the Media - Diversified industry.
Industry Median: 2.36
* Ranked among companies with meaningful Pretax Margin % only.

TGS Esports Pretax Margin % Historical Data

The historical data trend for TGS Esports'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.

TGS Esports Pretax Margin % Chart

TGS Esports Annual Data
Trend Jun20 Jun21
Pretax Margin %
-2,477.37 -5,078.45

TGS Esports Quarterly Data
Jun19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Pretax Margin % Get a 7-Day Free Trial Premium Member Only -3,217.24 -17,219.51 -259.32 -397.06 -222.86

Competitive Comparison of TGS Esports's Pretax Margin %

For the Entertainment subindustry, TGS Esports'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.


TGS Esports's Pretax Margin % Distribution in the Media - Diversified Industry

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

* The bar in red indicates where TGS Esports's Pretax Margin % falls into.



TGS Esports 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.

TGS Esports's Pretax Margin for the fiscal year that ended in Jun. 2021 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2021 )/Revenue (A: Jun. 2021 )
=-11.782/0.232
=-5,078.45 %

TGS Esports's Pretax Margin for the quarter that ended in Mar. 2022 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2022 )/Revenue (Q: Mar. 2022 )
=-0.468/0.21
=-222.86 %

* 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.


TGS Esports  (OTCPK:TGSEF) 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.


TGS Esports Pretax Margin % Related Terms

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TGS Esports (TGS Esports) Business Description

Traded in Other Exchanges
N/A
Address
4211 No. 3 Road, Richmond, BC, CAN, V6X 2C3
TGS Esports Inc is engaged in the business of providing and hosting esports events, tournaments, and leagues at both the amateur and professional levels both online and in person. Also, the company has an esports stadium to play and watch sports.