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Lotus Ventures (XCNQ:J) Pretax Margin % : -84.57% (As of Aug. 2023)


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What is Lotus Ventures Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Lotus Ventures's Pre-Tax Income for the three months ended in Aug. 2023 was C$-0.64 Mil. Lotus Ventures's Revenue for the three months ended in Aug. 2023 was C$0.75 Mil. Therefore, Lotus Ventures's pretax margin for the quarter that ended in Aug. 2023 was -84.57%.

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

XCNQ:J' s Pretax Margin % Range Over the Past 10 Years
Min: -283.61   Med: 4.4   Max: 32.27
Current: -93.7


XCNQ:J's Pretax Margin % is ranked worse than
84.71% of 1020 companies
in the Drug Manufacturers industry
Industry Median: 4.12 vs XCNQ:J: -93.70

Lotus Ventures Pretax Margin % Historical Data

The historical data trend for Lotus Ventures'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.

Lotus Ventures Pretax Margin % Chart

Lotus Ventures Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 32.27 4.40 -283.61

Lotus Ventures Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23
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 -1,095.78 -527.59 -22.24 -66.47 -84.57

Competitive Comparison of Lotus Ventures's Pretax Margin %

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


Lotus Ventures's Pretax Margin % Distribution in the Drug Manufacturers Industry

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

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



Lotus Ventures 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.

Lotus Ventures's Pretax Margin for the fiscal year that ended in Aug. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Aug. 2022 )/Revenue (A: Aug. 2022 )
=-4.793/1.69
=-283.61 %

Lotus Ventures's Pretax Margin for the quarter that ended in Aug. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Aug. 2023 )/Revenue (Q: Aug. 2023 )
=-0.636/0.752
=-84.57 %

* 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.


Lotus Ventures  (XCNQ:J) 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.


Lotus Ventures Pretax Margin % Related Terms

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Lotus Ventures (XCNQ:J) Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 1010, Vancouver, BC, CAN, V6E 2Y3
Lotus Ventures Inc is a licensed cannabis producer that serves customers in Canada. The company created a purpose-built facility with proprietary standard operating procedures to reliably produce rare and high-quality strains of cannabis for consumers looking for a consistent experience.
Executives
Gary Kenneth Mathiesen Senior Officer