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High Tide (TSXV:HITI) Pretax Margin % : -1.86% (As of Jan. 2025)


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What is High Tide Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. High Tide's Pre-Tax Income for the three months ended in Jan. 2025 was C$-2.7 Mil. High Tide's Revenue for the three months ended in Jan. 2025 was C$142.5 Mil. Therefore, High Tide's pretax margin for the quarter that ended in Jan. 2025 was -1.86%.

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

TSXV:HITI' s Pretax Margin % Range Over the Past 10 Years
Min: -86.28   Med: -14.86   Max: 5.61
Current: -1.27


TSXV:HITI's Pretax Margin % is ranked worse than
65.12% of 668 companies
in the Healthcare Providers & Services industry
Industry Median: 3.045 vs TSXV:HITI: -1.27

High Tide Pretax Margin % Historical Data

The historical data trend for High Tide'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.

High Tide Pretax Margin % Chart

High Tide Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Pretax Margin %
Get a 7-Day Free Trial -7.36 -19.75 -20.67 -9.96 -0.84

High Tide Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 -0.19 -0.57 1.14 -3.58 -1.86

Competitive Comparison of High Tide's Pretax Margin %

For the Pharmaceutical Retailers subindustry, High Tide'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.


High Tide's Pretax Margin % Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where High Tide's Pretax Margin % falls into.


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High Tide 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.

High Tide's Pretax Margin for the fiscal year that ended in Oct. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Oct. 2024 )/Revenue (A: Oct. 2024 )
=-4.404/522.306
=-0.84 %

High Tide's Pretax Margin for the quarter that ended in Jan. 2025 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jan. 2025 )/Revenue (Q: Jan. 2025 )
=-2.651/142.461
=-1.86 %

* 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.


High Tide  (TSXV:HITI) 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.


High Tide Pretax Margin % Related Terms

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High Tide Business Description

Traded in Other Exchanges
Address
11127 - 15 Street NE, Unit 112, Calgary, AB, CAN, T3K 2M4
High Tide Inc is a downstream-focused retailer of cannabis products, distributor, and seller of smoking accessories and cannabis lifestyle products. It is a vertically integrated company in the Canadian cannabis market with various brands in its portfolio such as Canna Cabana, Fastendr, Queen of Bud, Grasscity, Daily High Club, Famous Brandz, and others. The company's reportable operating segments are; Bricks and mortar which generates maximum revenue, and E-commerce. Geographically, it derives maximum revenue from its business in Canada followed by the United States of America, and other international markets.
Executives
Aman Sood Senior Officer
Harkirat Grover Senior Officer
Christian Sinclair Director
Nitin Kaushal Director
Sergio Patino Gomez Senior Officer
Omar Khan Senior Officer
Arthur Kwan Director
Andrea Elliott Director
Joy Avzar Senior Officer
Rahim Kanji Senior Officer