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Resaas Services (TSXV:RSS) Pretax Margin % : -625.71% (As of Mar. 2024)


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What is Resaas Services Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Resaas Services's Pre-Tax Income for the three months ended in Mar. 2024 was C$-0.44 Mil. Resaas Services's Revenue for the three months ended in Mar. 2024 was C$0.07 Mil. Therefore, Resaas Services's pretax margin for the quarter that ended in Mar. 2024 was -625.71%.

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

TSXV:RSS' s Pretax Margin % Range Over the Past 10 Years
Min: -112000   Med: -750.85   Max: -317.91
Current: -358.99


TSXV:RSS's Pretax Margin % is ranked worse than
94.58% of 2769 companies
in the Software industry
Industry Median: 2.43 vs TSXV:RSS: -358.99

Resaas Services Pretax Margin % Historical Data

The historical data trend for Resaas Services'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.

Resaas Services Pretax Margin % Chart

Resaas Services 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 -389.78 -423.14 -506.07 -317.91 -555.91

Resaas Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1,576.54 -281.58 -321.49 -300.00 -625.71

Competitive Comparison of Resaas Services's Pretax Margin %

For the Software - Application subindustry, Resaas Services'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.


Resaas Services's Pretax Margin % Distribution in the Software Industry

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

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



Resaas Services 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.

Resaas Services'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 )
=-2.257/0.406
=-555.91 %

Resaas Services's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-0.438/0.07
=-625.71 %

* 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.


Resaas Services  (TSXV:RSS) 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.


Resaas Services Pretax Margin % Related Terms

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Resaas Services (TSXV:RSS) Business Description

Traded in Other Exchanges
Address
595 Burrard Street, Suite 2600, Vancouver, BC, CAN, V7X 1L3
Resaas Services Inc is engaged in the development of web and mobile communications software for the real estate industry. The company is a technology platform that enables real estate brokerages, franchises and associations to bring real-time communication, new business opportunities and unique data to their agents on a global basis. The company operates in one reportable segment, the development of software in the real estate industry.
Executives
R. Craig Barton 10% Security Holder

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