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Lynx Global Digital Finance (XCNQ:LYNX) Pretax Margin % : -590.25% (As of Jul. 2021)


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What is Lynx Global Digital Finance Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Lynx Global Digital Finance's Pre-Tax Income for the three months ended in Jul. 2021 was C$-2.36 Mil. Lynx Global Digital Finance's Revenue for the three months ended in Jul. 2021 was C$0.40 Mil. Therefore, Lynx Global Digital Finance's pretax margin for the quarter that ended in Jul. 2021 was -590.25%.

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


XCNQ:LYNX's Pretax Margin % is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 2.63
* Ranked among companies with meaningful Pretax Margin % only.

Lynx Global Digital Finance Pretax Margin % Historical Data

The historical data trend for Lynx Global Digital Finance'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.

Lynx Global Digital Finance Pretax Margin % Chart

Lynx Global Digital Finance Annual Data
Trend Oct17 Oct18 Oct19 Oct20
Pretax Margin %
- -3,185.71 -3,802.00 -

Lynx Global Digital Finance Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21
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 - - - - -590.25

Competitive Comparison of Lynx Global Digital Finance's Pretax Margin %

For the Health Information Services subindustry, Lynx Global Digital Finance'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.


Lynx Global Digital Finance's Pretax Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Lynx Global Digital Finance's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Lynx Global Digital Finance's Pretax Margin % falls into.



Lynx Global Digital Finance 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.

Lynx Global Digital Finance's Pretax Margin for the fiscal year that ended in Oct. 2020 is calculated as

Pretax Margin=Pre-Tax Income (A: Oct. 2020 )/Revenue (A: Oct. 2020 )
=-0.938/0
= %

Lynx Global Digital Finance's Pretax Margin for the quarter that ended in Jul. 2021 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jul. 2021 )/Revenue (Q: Jul. 2021 )
=-2.361/0.4
=-590.25 %

* 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.


Lynx Global Digital Finance  (XCNQ:LYNX) 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.


Lynx Global Digital Finance Pretax Margin % Related Terms

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Lynx Global Digital Finance (XCNQ:LYNX) Business Description

Traded in Other Exchanges
N/A
Address
413 - 375 Water Street, Vancouver, BC, CAN, V6E 3T5
Lynx Global Digital Finance Corp, formerly CannaOne Technologies Inc is engaged in the business of developing and marketing a software technology platform for use by the cannabis industry. It offers a flagship product, known as BloomKit which is a comprehensive web-based software-as-a-service (SaaS) for the cannabis vendors and producers designed as integrated business management, marketing, and sales tools. BloomKit incorporates themed online storefronts, automated customer acquisition tools, and production, inventory, shipping, logistics, payment, marketing, and website management features, among others.
Executives
Christopher Cherry Director, Senior Officer

Lynx Global Digital Finance (XCNQ:LYNX) Headlines

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