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Global Health Clinics (XCNQ:MJRX) Pretax Margin % : -1,228.57% (As of Jan. 2024)


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What is Global Health Clinics Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Global Health Clinics's Pre-Tax Income for the three months ended in Jan. 2024 was C$-0.26 Mil. Global Health Clinics's Revenue for the three months ended in Jan. 2024 was C$0.02 Mil. Therefore, Global Health Clinics's pretax margin for the quarter that ended in Jan. 2024 was -1,228.57%.

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

XCNQ:MJRX' s Pretax Margin % Range Over the Past 10 Years
Min: -3768.44   Med: -1577.67   Max: -484.09
Current: -1434.83


XCNQ:MJRX's Pretax Margin % is ranked worse than
95.98% of 1020 companies
in the Drug Manufacturers industry
Industry Median: 4.12 vs XCNQ:MJRX: -1434.83

Global Health Clinics Pretax Margin % Historical Data

The historical data trend for Global Health Clinics'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.

Global Health Clinics Pretax Margin % Chart

Global Health Clinics Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3,420.90 -484.09 -3,768.44 -931.29 -1,577.67

Global Health Clinics Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -874.07 -2,000.00 -1,304.35 -1,138.10 -1,228.57

Competitive Comparison of Global Health Clinics's Pretax Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Global Health Clinics'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.


Global Health Clinics's Pretax Margin % Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Global Health Clinics's Pretax Margin % falls into.



Global Health Clinics 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.

Global Health Clinics's Pretax Margin for the fiscal year that ended in Jul. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jul. 2023 )/Revenue (A: Jul. 2023 )
=-1.625/0.103
=-1,577.67 %

Global Health Clinics's Pretax Margin for the quarter that ended in Jan. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=-0.258/0.021
=-1,228.57 %

* 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.


Global Health Clinics  (XCNQ:MJRX) 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.


Global Health Clinics Pretax Margin % Related Terms

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Global Health Clinics (XCNQ:MJRX) Business Description

Traded in Other Exchanges
Address
837 West Hastings Street, Suite 400, Vancouver, BC, CAN, V6C 3N6
Global Health Clinics Ltd engages in the cannabis industry and operates medical clinics which guide patients through the process of becoming legal users of marijuana and also engages in developing psilocybin products for research and their potential usage for pharmaceutical purposes. The Company operates in two operating segments the operating of medical clinics to guide patients to become legal users of marijuana and the development of psilocybin products for research and potential usage for pharmaceutical purposes. The Company derives its key revenue from Medical Clinics for legal user of Marijuana.

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