Cloud DX (TSXV:CDX.H) Pretax Margin %: -253.28% (As of Sep. 2024)

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TSXV:CDX.H Cloud DX Inc TSXV:CDX.H
31 GF Score
Price C$0.13
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What is Cloud DX Pretax Margin %?

Cloud DX TSXV:CDX.H 31 Pretax Margin % is -253.28% as of Sep. 2024. GuruFocus rates TSXV:CDX.H with a GF Score™ of 31/100.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Cloud DX's Pre-Tax Income for the three months ended in Sep. 2024 was C$-1.20 Mil. Cloud DX's Revenue for the three months ended in Sep. 2024 was C$0.47 Mil. Therefore, Cloud DX's pretax margin for the quarter that ended in Sep. 2024 was -253.28%.

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


TSXV:CDX.H's Pretax Margin % is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 4.19
* Ranked among companies with meaningful Pretax Margin % only.

Cloud DX  (TSXV:CDX.H) 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.


Cloud DX Pretax Margin % Related Terms


Cloud DX Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Cloud DX'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.

Cloud DX Pretax Margin % Chart

Cloud DX Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
0.00 -499.31 -1,452.05 -934.05 -594.92

Cloud DX Quarterly Data
Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -413.89 -977.69 -315.79 -453.85 -253.28

TSXV:CDX.H vs GEHC, VEEV, HQY: Pretax Margin % Comparison

For the Health Information Services subindustry, Cloud DX'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.


Cloud DX Pretax Margin % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Cloud DX's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Cloud DX's Pretax Margin % falls into.


TSXV:CDX.H
31GF Score
Cloud DX Inc TSXV:CDX.H
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Cloud DX 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.

Cloud DX'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 )
=-10.78/1.812
=-594.92 %

Cloud DX's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-1.198/0.473
=-253.28 %

* 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 -253.28% mean?
Cloud DX (TSXV:CDX.H) has a Pretax Margin % of -253.28% as of Sep. 2024. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Cloud DX and its competitors.
Is Cloud DX's Pretax Margin % too high?
Cloud DX's current Pretax Margin % is -253.28%. Overall, Cloud DX has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Cloud DX's Pretax Margin % compare to GEHC and VEEV?
Cloud DX's Pretax Margin % of -253.28% can be compared against companies in the Healthcare Providers & Services industry. The industry median Pretax Margin % is 4.19. 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 Healthcare Providers & Services company?
The median Pretax Margin % among Healthcare Providers & Services companies is 4.19, based on 667 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 Cloud DX and its competitors. For the Healthcare Providers & Services industry, the median Pretax Margin % is 4.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cloud DX's current Pretax Margin % is -253.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cloud DX stock overvalued right now?
Cloud DX (TSXV:CDX.H) has a current Pretax Margin % of -253.28%. The current Pretax Margin % is -253.28%. Cloud DX's overall GF Score™ is 31/100. 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 Cloud DX (TSXV:CDX.H), the current Pretax Margin % is -253.28% as of Sep. 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.

Cloud DX Business Description

Address 72 Victoria Street South, Kitchener, ON, CAN, N2G 4Y9
Cloud DX Inc provides a digital and virtual healthcare platform called Cloud DX Connected Health. It is used by private hospitals, public hospitals, and healthcare organizations across North America to provide patient remote monitoring, enable aging in place, and deliver hospital-quality post-surgical care. The platform helps to reduce the need for hospitalization and manage the costs of healthcare delivery through more efficient use of resources. Geographically, the company generates a majority of its revenue from Canada and the rest from the United States.
31GF Score

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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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