TKXHF (TrackX Holdings) Pretax Margin %: -44.12% (As of Jun. 2022)

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What is TrackX Holdings Pretax Margin %?

TrackX Holdings TKXHF -99.91% Pretax Margin % is -44.12% as of Jun. 2022.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. TrackX Holdings's Pre-Tax Income for the three months ended in Jun. 2022 was $-0.12 Mil. TrackX Holdings's Revenue for the three months ended in Jun. 2022 was $0.27 Mil. Therefore, TrackX Holdings's pretax margin for the quarter that ended in Jun. 2022 was -44.12%.

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


TKXHF's Pretax Margin % is not ranked *
in the Software industry.
Industry Median: 3.59
* Ranked among companies with meaningful Pretax Margin % only.

TrackX Holdings  (OTCPK:TKXHF) 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.


TrackX Holdings Pretax Margin % Related Terms


TrackX Holdings Pretax Margin % Historical Data

* Premium members only.

The historical data trend for TrackX 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.

TrackX Holdings Pretax Margin % Chart

TrackX Holdings Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -76.86 -60.89 -62.33 4.68 -21.73

TrackX Holdings Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -181.88 50.65 -34.14 -130.24 -44.12

TKXHF vs CRM, INTU, NOW: Pretax Margin % Comparison

For the Software - Application subindustry, TrackX 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.


TrackX Holdings Pretax Margin % vs Software Industry

For the Software industry and Technology sector, TrackX Holdings's Pretax Margin % distribution charts can be found below:

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



TrackX 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.

TrackX Holdings's Pretax Margin for the fiscal year that ended in Sep. 2021 is calculated as

Pretax Margin=Pre-Tax Income (A: Sep. 2021 )/Revenue (A: Sep. 2021 )
=-0.599/2.757
=-21.73 %

TrackX Holdings's Pretax Margin for the quarter that ended in Jun. 2022 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2022 )/Revenue (Q: Jun. 2022 )
=-0.12/0.272
=-44.12 %

* 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 -44.12% mean?
TrackX Holdings (TKXHF) has a Pretax Margin % of -44.12% as of Jun. 2022. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on TrackX Holdings and its competitors.
Is TrackX Holdings' Pretax Margin % too high?
TrackX Holdings' current Pretax Margin % is -44.12%.
How does TrackX Holdings' Pretax Margin % compare to CRM and INTU?
TrackX Holdings' Pretax Margin % of -44.12% can be compared against companies in the Software industry. The industry median Pretax Margin % is 3.59. 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 Software company?
The median Pretax Margin % among Software companies is 3.59, based on 2,819 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. 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 TrackX Holdings and its competitors. For the Software industry, the median Pretax Margin % is 3.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TrackX Holdings's current Pretax Margin % is -44.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TrackX Holdings stock overvalued right now?
TrackX Holdings (TKXHF) has a current Pretax Margin % of -44.12%. The current Pretax Margin % is -44.12%. 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 TrackX Holdings (TKXHF), the current Pretax Margin % is -44.12% as of Jun. 2022. 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.

TrackX Holdings Business Description

Address 800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6
TrackX Holdings Inc is an enterprise asset management company deploying SaaS based solutions leveraging multiple auto-ID and sensor technologies for the comprehensive tracking and management of physical assets. TrackX's Global Asset Management for Enterprises (GAME) platform enables the Industrial Internet of Things (IIoT) by providing item level tracking, workflow processing, event management, alerting and powerful analytics to deliver solutions across a growing number of industries. Its customers are in industries such as transportation, beverage, brewery, healthcare, hi-tech, hospitality, mining, agriculture, horticulture, manufacturing and government.