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Yorkton Equity Group (TSXV:YEG) Pretax Margin % : 196.84% (As of Dec. 2023)


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What is Yorkton Equity Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Yorkton Equity Group's Pre-Tax Income for the three months ended in Dec. 2023 was C$4.29 Mil. Yorkton Equity Group's Revenue for the three months ended in Dec. 2023 was C$2.18 Mil. Therefore, Yorkton Equity Group's pretax margin for the quarter that ended in Dec. 2023 was 196.84%.

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

TSXV:YEG' s Pretax Margin % Range Over the Past 10 Years
Min: -174.27   Med: -81.7   Max: 2.65
Current: 2.65


TSXV:YEG's Pretax Margin % is ranked worse than
62.54% of 1786 companies
in the Real Estate industry
Industry Median: 8.895 vs TSXV:YEG: 2.65

Yorkton Equity Group Pretax Margin % Historical Data

The historical data trend for Yorkton Equity Group'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.

Yorkton Equity Group Pretax Margin % Chart

Yorkton Equity Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Pretax Margin %
-174.27 -81.70 2.02 57.84

Yorkton Equity Group Quarterly Data
Sep19 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 34.09 0.08 -7.40 0.10 196.84

Competitive Comparison of Yorkton Equity Group's Pretax Margin %

For the Real Estate - Diversified subindustry, Yorkton Equity Group'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.


Yorkton Equity Group's Pretax Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Yorkton Equity Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Yorkton Equity Group's Pretax Margin % falls into.



Yorkton Equity Group 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.

Yorkton Equity Group'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 )
=4.162/7.196
=57.84 %

Yorkton Equity Group'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 )
=4.293/2.181
=196.84 %

* 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.


Yorkton Equity Group  (TSXV:YEG) 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.


Yorkton Equity Group Pretax Margin % Related Terms

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Yorkton Equity Group (TSXV:YEG) Business Description

Traded in Other Exchanges
N/A
Address
10180 - 101 Street NW, 3165 Manulfie Place, Edmonton, AB, CAN, T5J 3S4
Yorkton Equity Group Inc is a fully integrated, growth-oriented real estate investment company committed to providing shareholders with investment opportunities through the accretive acquisitions of multi-family revenue properties in strategic markets across Canada, with its current focus in Western Canada. YEG's focus is to acquire and manage multi-family revenue properties in growing strategic markets across Canada with strong economic fundamentals and to grow the Net Operating Income (NOI) and the Net Asset Value (NAV) of its revenue property portfolio.

Yorkton Equity Group (TSXV:YEG) Headlines

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