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Rio2 (TSXV:RIO) Pretax Margin % : % (As of Sep. 2024)


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What is Rio2 Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Rio2's Pre-Tax Income for the three months ended in Sep. 2024 was C$-6.92 Mil. Rio2's Revenue for the three months ended in Sep. 2024 was C$0.00 Mil. Therefore, Rio2's pretax margin for the quarter that ended in Sep. 2024 was %.

The historical rank and industry rank for Rio2's Pretax Margin % or its related term are showing as below:


TSXV:RIO's Pretax Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 1.6
* Ranked among companies with meaningful Pretax Margin % only.

Rio2 Pretax Margin % Historical Data

The historical data trend for Rio2'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.

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Rio2 Pretax Margin % Chart

Rio2 Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Pretax Margin %
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Rio2 Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24 Sep24
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Competitive Comparison of Rio2's Pretax Margin %

For the Gold subindustry, Rio2'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.


Rio2's Pretax Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Rio2's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Rio2's Pretax Margin % falls into.



Rio2 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.

Rio2's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=-3.084/0
= %

Rio2'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 )
=-6.923/0
= %

* 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.


Rio2  (TSXV:RIO) 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.


Rio2 Pretax Margin % Related Terms

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Rio2 Business Description

Traded in Other Exchanges
Address
355 Burrard Street, Suite 1000, The Marine Building, Vancouver, BC, CAN, V6C 2G8
Rio2 Ltd is a mining company with a focus on development and mining operations. It focuses on taking its Fenix Gold Project in Chile to production in the shortest possible timeframe based on a staged development strategy. In addition to the Fenix Gold Project in development in Chile. The Company has four operating segments in four geographic areas which is the corporate office in Canada, the financing of the Fenix Gold Project in the Bahamas the support of the Fenix Gold Project in Peru, and the development of the Fenix Gold Project in Chile.
Executives
Kathryn Johnson Senior Officer
Klaus M Zeitler Director
Jose Luis Martinez Senior Officer
Andrew Cox Director, Senior Officer
Ian Keith Dreyer Senior Officer
Timothy Williams Senior Officer
Enrique Garay Senior Officer