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49 North Resources (TSXV:FNR) Pretax Margin % : -310.55% (As of Dec. 2023)


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What is 49 North Resources Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. 49 North Resources's Pre-Tax Income for the three months ended in Dec. 2023 was C$-0.68 Mil. 49 North Resources's Revenue for the three months ended in Dec. 2023 was C$0.22 Mil. Therefore, 49 North Resources's pretax margin for the quarter that ended in Dec. 2023 was -310.55%.

The historical rank and industry rank for 49 North Resources's Pretax Margin % or its related term are showing as below:

TSXV:FNR' s Pretax Margin % Range Over the Past 10 Years
Min: -1545.42   Med: -256.22   Max: 126.43
Current: -367.89


TSXV:FNR's Pretax Margin % is ranked worse than
95.86% of 1668 companies
in the Asset Management industry
Industry Median: 90.52 vs TSXV:FNR: -367.89

49 North Resources Pretax Margin % Historical Data

The historical data trend for 49 North Resources'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.

49 North Resources Pretax Margin % Chart

49 North Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -41.89 -359.38 -1,028.55 -1,065.28 -368.37

49 North Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -243.90 -67.19 -720.36 -428.04 -310.55

Competitive Comparison of 49 North Resources's Pretax Margin %

For the Asset Management subindustry, 49 North Resources'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.


49 North Resources's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, 49 North Resources's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where 49 North Resources's Pretax Margin % falls into.



49 North Resources 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.

49 North Resources'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 )
=-2.818/0.765
=-368.37 %

49 North Resources'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 )
=-0.677/0.218
=-310.55 %

* 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.


49 North Resources  (TSXV:FNR) 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.


49 North Resources Pretax Margin % Related Terms

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49 North Resources (TSXV:FNR) Business Description

Traded in Other Exchanges
Address
224 4th Avenue South, Suite 602, Saskatoon, SK, CAN, S7K 5M5
49 North Resources Inc is a resource investment, financial, and managerial advisory company. Principally, it is engaged in the business of investing in a diversified portfolio of common shares and other securities of resource issuers. The company invests in assets mainly involved in the mineral or oil and gas exploration and development, with a view to achieving capital appreciation of the portfolio.
Executives
Tom Macneill 10% Security Holder, Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer

49 North Resources (TSXV:FNR) Headlines

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