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NorthStar Gaming Holdings (TSXV:BET) Pretax Margin % : -115.87% (As of Dec. 2023)


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What is NorthStar Gaming Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. NorthStar Gaming Holdings's Pre-Tax Income for the three months ended in Dec. 2023 was C$-7.48 Mil. NorthStar Gaming Holdings's Revenue for the three months ended in Dec. 2023 was C$6.45 Mil. Therefore, NorthStar Gaming Holdings's pretax margin for the quarter that ended in Dec. 2023 was -115.87%.

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

TSXV:BET' s Pretax Margin % Range Over the Past 10 Years
Min: -131.23   Med: -131.23   Max: -129.45
Current: -129.45


TSXV:BET's Pretax Margin % is ranked worse than
88.45% of 580 companies
in the Interactive Media industry
Industry Median: -0.97 vs TSXV:BET: -129.45

NorthStar Gaming Holdings Pretax Margin % Historical Data

The historical data trend for NorthStar Gaming 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.

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NorthStar Gaming Holdings Pretax Margin % Chart

NorthStar Gaming Holdings Annual Data
Trend Jun22 Dec23
Pretax Margin %
- -131.23

NorthStar Gaming Holdings Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % - -238.73 -102.72 -89.53 -115.87

Competitive Comparison of NorthStar Gaming Holdings's Pretax Margin %

For the Electronic Gaming & Multimedia subindustry, NorthStar Gaming 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.


NorthStar Gaming Holdings's Pretax Margin % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, NorthStar Gaming Holdings's Pretax Margin % distribution charts can be found below:

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



NorthStar Gaming 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.

NorthStar Gaming Holdings'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 )
=-25.476/19.413
=-131.23 %

NorthStar Gaming Holdings'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 )
=-7.475/6.451
=-115.87 %

* 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.


NorthStar Gaming Holdings  (TSXV:BET) 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.


NorthStar Gaming Holdings Pretax Margin % Related Terms

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NorthStar Gaming Holdings (TSXV:BET) Business Description

Traded in Other Exchanges
Address
220 King Street West, Suite 200, Toronto, ON, CAN, M5V 3M2
NorthStar Gaming Holdings Inc owns and operates a casino and sportsbook gaming platform. This segment's gaming revenue is primarily generated from the proceeds from the Company's online casino and sportsbook.
Executives
Corey Goodman Senior Officer

NorthStar Gaming Holdings (TSXV:BET) Headlines

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