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Giga Metals (TSXV:GIGA) Pretax Margin % : % (As of Sep. 2024)


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What is Giga Metals Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Giga Metals's Pre-Tax Income for the three months ended in Sep. 2024 was C$-0.42 Mil. Giga Metals's Revenue for the three months ended in Sep. 2024 was C$0.00 Mil. Therefore, Giga Metals's pretax margin for the quarter that ended in Sep. 2024 was %.

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


TSXV:GIGA's Pretax Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 2.49
* Ranked among companies with meaningful Pretax Margin % only.

Giga Metals Pretax Margin % Historical Data

The historical data trend for Giga Metals'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.

Giga Metals Pretax Margin % Chart

Giga Metals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
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Giga Metals Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Giga Metals's Pretax Margin %

For the Other Industrial Metals & Mining subindustry, Giga Metals'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.


Giga Metals's Pretax Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Giga Metals's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Giga Metals's Pretax Margin % falls into.


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Giga Metals 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.

Giga Metals'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 )
=-2.055/0
= %

Giga Metals'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 )
=-0.416/0
= %

* 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.


Giga Metals  (TSXV:GIGA) 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.


Giga Metals Pretax Margin % Related Terms

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Giga Metals Business Description

Traded in Other Exchanges
Address
700 West Pender Street, Suite 203, Vancouver, BC, CAN, V6C 1G8
Giga Metals Corp is engaged in the acquisition and exploration of mineral properties in Canada. The company is focused on two of the key metals used in the batteries of electric vehicles: Nickel and Cobalt. It's Turnagain Project, located in northern British Columbia, contains one of the few significant undeveloped sulphide nickel and cobalt resources. The Company operates in a single reportable operating segment being the acquisition, exploration and development of mineral properties.
Executives
Martin Vydra Director
Robert A. Morris Director
Matthew James Anderson Senior Officer
Anthony Milewski Director
Lyle Roy Davis Director
Leslie Young Senior Officer
Brian Usher-jones 10% Security Holder