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CordovaCann (XCNQ:CDVA) Pretax Margin % : -50.64% (As of Jun. 2023)


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What is CordovaCann Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. CordovaCann's Pre-Tax Income for the six months ended in Jun. 2023 was C$-6.88 Mil. CordovaCann's Revenue for the six months ended in Jun. 2023 was C$13.60 Mil. Therefore, CordovaCann's pretax margin for the quarter that ended in Jun. 2023 was -50.64%.

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

XCNQ:CDVA' s Pretax Margin % Range Over the Past 10 Years
Min: -2822.76   Med: -47.05   Max: -29.46
Current: -50.63


XCNQ:CDVA's Pretax Margin % is ranked worse than
83.32% of 995 companies
in the Drug Manufacturers industry
Industry Median: 5.23 vs XCNQ:CDVA: -50.63

CordovaCann Pretax Margin % Historical Data

The historical data trend for CordovaCann'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.

CordovaCann Pretax Margin % Chart

CordovaCann Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -2,817.37 -43.46 -29.45 -50.64

CordovaCann Semi-Annual Data
Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
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 - -2,817.37 -43.46 -29.45 -50.64

Competitive Comparison of CordovaCann's Pretax Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, CordovaCann'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.


CordovaCann's Pretax Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, CordovaCann's Pretax Margin % distribution charts can be found below:

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



CordovaCann 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.

CordovaCann's Pretax Margin for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=-6.884/13.595
=-50.64 %

CordovaCann's Pretax Margin for the quarter that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=-6.884/13.595
=-50.64 %

* 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.


CordovaCann  (XCNQ:CDVA) 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.


CordovaCann Pretax Margin % Related Terms

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CordovaCann Business Description

Traded in Other Exchanges
Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V0R2
CordovaCann Corp is a Canadian-domiciled company focused on building a diversified cannabis company. The company provides services and investment capital to the processing and production of vertical markets of the cannabis industry.
Executives
Benjamin Thomas Higham Director
Ashish Kapoor Senior Officer

CordovaCann Headlines

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