Therma BrightTSXV:THRM Pretax Margin % is -337.14% as of Apr. 2026. The stock has 5 warning signs investors should review. Among 816 Medical Devices & Instruments companies, Therma Bright ranks worse than 95.83% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Therma Bright's Pre-Tax Income for the
three
months ended in Apr. 2026 was C$-0.24 Mil. Therma Bright's Revenue for the
three
months ended in Apr. 2026 was C$0.07 Mil. Therefore, Therma Bright's pretax margin for the quarter that ended in Apr. 2026 was -337.14%.
The historical rank and industry rank for Therma Bright's Pretax Margin % or its related term are showing as below:
TSXV:THRM'
s Pretax Margin % Range Over the Past 10 Years
Min: -215250 Med: -7428.57 Max: -2969.63
Current: -2969.63
TSXV:THRM's Pretax Margin % is ranked worse than 95.83% of 816
companies
in the Medical Devices & Instruments industry
Industry Median: 2.505
vs TSXV:THRM: -2969.63
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.
Therma Bright Pretax Margin % Related Terms
Therma Bright Pretax Margin % Historical Data
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The historical data trend for Therma Bright'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.
TSXV:THRM vs ABT, SYK, MDT: Pretax Margin % Comparison
For the Medical Devices subindustry, Therma Bright'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.
Therma Bright Pretax Margin % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Therma Bright's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Therma Bright's Pretax Margin % falls into.
* 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.
Therma Bright (TSXV:THRM) has a Pretax Margin % of -337.14% as of Apr. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Therma Bright and its competitors. According to the industry distribution chart, Therma Bright ranks #782 out of 816 companies in the Medical Devices & Instruments industry, placing it in the top 95.8%.
Is Therma Bright's Pretax Margin % too high?
Therma Bright's current Pretax Margin % is -337.14%. Based on the distribution chart, Therma Bright ranks #782 out of 816 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers.
How does Therma Bright's Pretax Margin % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Therma Bright ranks #782 out of 816 companies for Pretax Margin %. This places Therma Bright in the lower half of its industry. The industry median Pretax Margin % is 2.51. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Medical Devices & Instruments company?
The median Pretax Margin % among Medical Devices & Instruments companies is 2.51, based on 816 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Therma Bright and its competitors. For the Medical Devices & Instruments industry, the median Pretax Margin % is 2.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Therma Bright's current Pretax Margin % is -337.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Therma Bright stock overvalued right now?
Therma Bright (TSXV:THRM) has a current Pretax Margin % of -337.14%. The current Pretax Margin % is -337.14%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Therma Bright (TSXV:THRM), the current Pretax Margin % is -337.14% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Therma Bright Inc is a developer and partner in a range of proprietary diagnostic and medical device technologies focused on providing consumers and medical professionals with solutions to address important medical and healthcare challenges. The Company is developing, acquiring, manufacturing and marketing proprietary healthcare and medical devices for the consumer and institutional marketplace focused on 3 key strategic areas: respiratory disease, vascular health, and consumer medical devices.
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