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Promino Nutritional Sciences (XCNQ:MUSL) Pretax Margin % : -14,366.67% (As of Mar. 2024)


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What is Promino Nutritional Sciences Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Promino Nutritional Sciences's Pre-Tax Income for the three months ended in Mar. 2024 was C$-3.02 Mil. Promino Nutritional Sciences's Revenue for the three months ended in Mar. 2024 was C$0.02 Mil. Therefore, Promino Nutritional Sciences's pretax margin for the quarter that ended in Mar. 2024 was -14,366.67%.

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

XCNQ:MUSL' s Pretax Margin % Range Over the Past 10 Years
Min: -1831.86   Med: -580.33   Max: -258.55
Current: -1831.86


XCNQ:MUSL's Pretax Margin % is ranked worse than
99.03% of 1863 companies
in the Consumer Packaged Goods industry
Industry Median: 4.27 vs XCNQ:MUSL: -1831.86

Promino Nutritional Sciences Pretax Margin % Historical Data

The historical data trend for Promino Nutritional Sciences'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.

Promino Nutritional Sciences Pretax Margin % Chart

Promino Nutritional Sciences Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Pretax Margin %
-788.15 -372.51 -258.55 -1,214.85

Promino Nutritional Sciences Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1,372.46 -885.59 88.04 -4,876.83 -14,366.67

Competitive Comparison of Promino Nutritional Sciences's Pretax Margin %

For the Packaged Foods subindustry, Promino Nutritional Sciences'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.


Promino Nutritional Sciences's Pretax Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Promino Nutritional Sciences's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Promino Nutritional Sciences's Pretax Margin % falls into.



Promino Nutritional Sciences 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.

Promino Nutritional Sciences's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-5.807/0.478
=-1,214.85 %

Promino Nutritional Sciences's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-3.017/0.021
=-14,366.67 %

* 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.


Promino Nutritional Sciences  (XCNQ:MUSL) 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.


Promino Nutritional Sciences Pretax Margin % Related Terms

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Promino Nutritional Sciences (XCNQ:MUSL) Business Description

Traded in Other Exchanges
Address
1100 Walkers Line, Suite 401, Burlington, ON, CAN, L7N 2G3
Element Nutritional Sciences Inc is engaged in developing science-based nutritional products for the aging demographic 45 and over. Its products are widely available, scientifically formulated, and clinically proven to help rebuild, restore and rejuvenate muscle.

Promino Nutritional Sciences (XCNQ:MUSL) Headlines

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