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Predictmedix AI (XCNQ:PMED) Pretax Margin % : % (As of Jul. 2024)


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What is Predictmedix AI Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Predictmedix AI's Pre-Tax Income for the three months ended in Jul. 2024 was C$-0.26 Mil. Predictmedix AI's Revenue for the three months ended in Jul. 2024 was C$0.00 Mil. Therefore, Predictmedix AI's pretax margin for the quarter that ended in Jul. 2024 was %.

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


XCNQ:PMED's Pretax Margin % is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 0.6
* Ranked among companies with meaningful Pretax Margin % only.

Predictmedix AI Pretax Margin % Historical Data

The historical data trend for Predictmedix AI'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.

Predictmedix AI Pretax Margin % Chart

Predictmedix AI Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23
Pretax Margin %
- - - -1,394.07 -5,908.57

Predictmedix AI Quarterly Data
Jan19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Jul23 Oct23 Jul24
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 -11,475.00 -18,480.00 - - -

Competitive Comparison of Predictmedix AI's Pretax Margin %

For the Medical Devices subindustry, Predictmedix AI'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.


Predictmedix AI's Pretax Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Predictmedix AI's Pretax Margin % distribution charts can be found below:

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


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Predictmedix AI 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.

Predictmedix AI's Pretax Margin for the fiscal year that ended in Jan. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jan. 2023 )/Revenue (A: Jan. 2023 )
=-2.068/0.035
=-5,908.57 %

Predictmedix AI's Pretax Margin for the quarter that ended in Jul. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jul. 2024 )/Revenue (Q: Jul. 2024 )
=-0.258/0
= %

* 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.


Predictmedix AI  (XCNQ:PMED) 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.


Predictmedix AI Pretax Margin % Related Terms

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Predictmedix AI Business Description

Traded in Other Exchanges
Address
77 King Street West, Suite 3000, Toronto, ON, CAN, M5K 1G8
Predictmedix AI Inc provides rapid health screening and remote patient care solutions globally. The company's Safe Entry Stations are powered by a proprietary artificial intelligence (AI) that uses multispectral cameras to analyze physiological data patterns and predict a variety of health issues including infectious diseases such as COVID-19, impairment by drugs or alcohol, fatigue or various mental illnesses.

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