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Wedgemount Resources (XCNQ:WDGY) Pretax Margin % : -208.33% (As of Jan. 2025)


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What is Wedgemount Resources Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Wedgemount Resources's Pre-Tax Income for the three months ended in Jan. 2025 was C$-0.80 Mil. Wedgemount Resources's Revenue for the three months ended in Jan. 2025 was C$0.38 Mil. Therefore, Wedgemount Resources's pretax margin for the quarter that ended in Jan. 2025 was -208.33%.

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

XCNQ:WDGY' s Pretax Margin % Range Over the Past 10 Years
Min: -465.41   Med: -304.33   Max: -143.25
Current: -195.12


XCNQ:WDGY's Pretax Margin % is ranked worse than
91.81% of 940 companies
in the Oil & Gas industry
Industry Median: 5.91 vs XCNQ:WDGY: -195.12

Wedgemount Resources Pretax Margin % Historical Data

The historical data trend for Wedgemount Resources'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.

Wedgemount Resources Pretax Margin % Chart

Wedgemount Resources Annual Data
Trend Jul21 Jul22 Jul23 Jul24
Pretax Margin %
- - -465.41 -143.25

Wedgemount Resources Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 -271.85 -108.36 -171.74 -266.52 -208.33

Competitive Comparison of Wedgemount Resources's Pretax Margin %

For the Oil & Gas E&P subindustry, Wedgemount Resources'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.


Wedgemount Resources's Pretax Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Wedgemount Resources's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Wedgemount Resources's Pretax Margin % falls into.


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Wedgemount Resources 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.

Wedgemount Resources's Pretax Margin for the fiscal year that ended in Jul. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Jul. 2024 )/Revenue (A: Jul. 2024 )
=-1.55/1.082
=-143.25 %

Wedgemount Resources's Pretax Margin for the quarter that ended in Jan. 2025 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jan. 2025 )/Revenue (Q: Jan. 2025 )
=-0.8/0.384
=-208.33 %

* 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.


Wedgemount Resources  (XCNQ:WDGY) 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.


Wedgemount Resources Pretax Margin % Related Terms

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Wedgemount Resources Business Description

Traded in Other Exchanges
Address
2303 Lawson Avenue, West Vancouver, Vancouver, BC, CAN, V7V 2E5
Wedgemount Resources Corp is a Vancouver based company engaged in the exploration for and the development and operation of petroleum and natural gas in the U.S.A. The company's project includes Willowbend, TCS and Millican Projects. The company is focused on consolidating oil and gas assets through the acquisition, development, and operation of distressed oil properties.
Executives
Steven Edward Vanry Senior Officer
Mark Andrew Vanry 10% Security Holder, Director, Senior Officer
Richard Sean Barth Director

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