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Pioneering Technology (TSXV:PTE) Pretax Margin % : -33.94% (As of Dec. 2023)


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What is Pioneering Technology Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Pioneering Technology's Pre-Tax Income for the three months ended in Dec. 2023 was C$-0.22 Mil. Pioneering Technology's Revenue for the three months ended in Dec. 2023 was C$0.65 Mil. Therefore, Pioneering Technology's pretax margin for the quarter that ended in Dec. 2023 was -33.94%.

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

TSXV:PTE' s Pretax Margin % Range Over the Past 10 Years
Min: -67.38   Med: -24.52   Max: 10.82
Current: -21.52


TSXV:PTE's Pretax Margin % is ranked worse than
90.21% of 1062 companies
in the Business Services industry
Industry Median: 5.415 vs TSXV:PTE: -21.52

Pioneering Technology Pretax Margin % Historical Data

The historical data trend for Pioneering Technology'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.

Pioneering Technology Pretax Margin % Chart

Pioneering Technology Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -67.38 -13.50 -39.27 -25.64 -23.40

Pioneering Technology 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 -50.76 0.84 -19.47 -36.02 -33.94

Competitive Comparison of Pioneering Technology's Pretax Margin %

For the Security & Protection Services subindustry, Pioneering Technology'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.


Pioneering Technology's Pretax Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Pioneering Technology's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Pioneering Technology's Pretax Margin % falls into.



Pioneering Technology 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.

Pioneering Technology's Pretax Margin for the fiscal year that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Sep. 2023 )/Revenue (A: Sep. 2023 )
=-0.672/2.872
=-23.40 %

Pioneering Technology'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 )
=-0.222/0.654
=-33.94 %

* 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.


Pioneering Technology  (TSXV:PTE) 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.


Pioneering Technology Pretax Margin % Related Terms

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Pioneering Technology (TSXV:PTE) Business Description

Traded in Other Exchanges
Address
2400 Skymark Avenue, Unit 7, Mississauga, ON, CAN, L4W 5K5
Pioneering Technology Corp is a Canadian-based company. The company is focused on designing, engineering, and producing technology that protects people and their property from cooking fires. It operates in one business segment is the development, manufacture, and sale of products intended to save energy and offer consumer convenience and safety. It offers products that provide effective cooking fire prevention solutions for both the residential and commercial markets. Its product portfolio includes Safe-T-element, SmartBurner, RangeMinder, and Safe-T-sensor. Its geographical coverage includes Canada and the United States whereas it generates the majority of its revenue from the United States.
Executives
David Lee Dueck Director

Pioneering Technology (TSXV:PTE) Headlines

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