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Silo Wellness (XCNQ:SILO) Pretax Margin % : -304.21% (As of Jul. 2023)


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What is Silo Wellness Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Silo Wellness's Pre-Tax Income for the three months ended in Jul. 2023 was C$-0.29 Mil. Silo Wellness's Revenue for the three months ended in Jul. 2023 was C$0.10 Mil. Therefore, Silo Wellness's pretax margin for the quarter that ended in Jul. 2023 was -304.21%.

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

XCNQ:SILO' s Pretax Margin % Range Over the Past 10 Years
Min: -22900   Med: -5181.21   Max: 174.46
Current: 174.46


XCNQ:SILO's Pretax Margin % is not ranked
in the Drug Manufacturers industry.
Industry Median: 4.08 vs XCNQ:SILO: 174.46

Silo Wellness Pretax Margin % Historical Data

The historical data trend for Silo Wellness'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.

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Silo Wellness Pretax Margin % Chart

Silo Wellness Annual Data
Trend Oct20 Oct21 Oct22
Pretax Margin %
-22,900.00 -5,181.21 -1,729.57

Silo Wellness Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
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 -2,018.18 -2,776.92 -387.88 3,814.95 -304.21

Competitive Comparison of Silo Wellness's Pretax Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Silo Wellness'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.


Silo Wellness's Pretax Margin % Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Silo Wellness's Pretax Margin % falls into.



Silo Wellness 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.

Silo Wellness's Pretax Margin for the fiscal year that ended in Oct. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Oct. 2022 )/Revenue (A: Oct. 2022 )
=-7.956/0.46
=-1,729.57 %

Silo Wellness's Pretax Margin for the quarter that ended in Jul. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jul. 2023 )/Revenue (Q: Jul. 2023 )
=-0.289/0.095
=-304.21 %

* 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.


Silo Wellness  (XCNQ:SILO) 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.


Silo Wellness Pretax Margin % Related Terms

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Silo Wellness (XCNQ:SILO) Business Description

Traded in Other Exchanges
N/A
Address
200 Consumers Road, Suite 702, Toronto, ON, CAN, M2J 4R4
Silo Wellness Inc operates psychedelic clinics and develops legal functional mushroom consumer products. It is focused on health and wellness by developing and introducing psychedelic medicine to reduce trauma and increase performance by destigmatizing the active compounds in psychedelics and innovating ease of administration and ingestion.
Executives
Michael Hartman Director