Vision Marine Technologies (Vision Marine Technologies) Pretax Margin % : -1,158.70% (As of Feb. 2024)

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What is Vision Marine Technologies Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Vision Marine Technologies's Pre-Tax Income for the three months ended in Feb. 2024 was $-6.26 Mil. Vision Marine Technologies's Revenue for the three months ended in Feb. 2024 was $0.54 Mil. Therefore, Vision Marine Technologies's pretax margin for the quarter that ended in Feb. 2024 was -1,158.70%.

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

VMAR' s Pretax Margin % Range Over the Past 10 Years
Min: -427.11 Med: -134.06 Max: 10.36
Current: -295.97

VMAR's Pretax Margin % is ranked worse than
96.42% of 1286 companies
in the Vehicles & Parts industry
Industry Median: 4.475 vs VMAR: -295.97

Vision Marine Technologies Pretax Margin % Historical Data

The historical data trend for Vision Marine Technologies'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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Vision Marine Technologies Pretax Margin % Chart

Vision Marine Technologies Annual Data

Trend

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Pretax Margin %

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10.36

-93.27

-427.11

-174.84

-374.30

Vision Marine Technologies Quarterly Data
	Aug18	Feb19	Aug19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Pretax Margin %	Get a 7-Day Free Trial															-807.93	-253.53	-205.91	98.19	-1,158.70

Competitive Comparison of Vision Marine Technologies's Pretax Margin %

For the Recreational Vehicles subindustry, Vision Marine Technologies'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.

Vision Marine Technologies's Pretax Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Vision Marine Technologies's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Vision Marine Technologies's Pretax Margin % falls into.

Vision Marine Technologies 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.

Vision Marine Technologies's Pretax Margin for the fiscal year that ended in Aug. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Aug. 2023 )	/	Revenue (A: Aug. 2023 )
	=	-15.698	/	4.194
	=	-374.30 %

Vision Marine Technologies's Pretax Margin for the quarter that ended in Feb. 2024 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Feb. 2024 )	/	Revenue (Q: Feb. 2024 )
	=	-6.257	/	0.54
	=	-1,158.70 %

Vision Marine Technologies (NAS:VMAR) 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.

Vision Marine Technologies Pretax Margin % Related Terms

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Vision Marine Technologies (Vision Marine Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Vision Marine Technologies Inc (NAS:VMAR) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

730 Boulevard du Cure-Boivin, Boisbriand, Montreal, QC, CAN, J7G 2A7

Website

https://www.visionmarinetechnologies.com

Vision Marine Technologies Inc is in the business of designing and manufacturing electric outboard powertrain systems, power boats, and related technology and the renting of electric boats. The different models of the powerboats and electric boats manufactured by the company includes, Bruce 22, Fantail 217, Volt 180 and others. The company operates in two reportable business segments; Sale of electric boats and Rental of electric boats. The majority of the revenue for the company is generated from its Rental of electric boats segment. Geographically, the company generates revenue from its business in Canada, USA and other countries. A substantial portion of the overall revenue is generated from its business in USA.