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American Aires (XCNQ:WIFI) Pretax Margin % : -41.35% (As of Sep. 2024)


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What is American Aires Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. American Aires's Pre-Tax Income for the three months ended in Sep. 2024 was C$-1.90 Mil. American Aires's Revenue for the three months ended in Sep. 2024 was C$4.60 Mil. Therefore, American Aires's pretax margin for the quarter that ended in Sep. 2024 was -41.35%.

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

XCNQ:WIFI' s Pretax Margin % Range Over the Past 10 Years
Min: -490.62   Med: -277.5   Max: -67.14
Current: -68.42


XCNQ:WIFI's Pretax Margin % is ranked worse than
93.37% of 2444 companies
in the Hardware industry
Industry Median: 3.37 vs XCNQ:WIFI: -68.42

American Aires Pretax Margin % Historical Data

The historical data trend for American Aires'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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American Aires Pretax Margin % Chart

American Aires Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial -490.62 -327.92 -239.01 -67.14 -86.31

American Aires Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -8.24 - -53.17 -59.00 -41.35

Competitive Comparison of American Aires's Pretax Margin %

For the Electronic Components subindustry, American Aires'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.


American Aires's Pretax Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, American Aires's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where American Aires's Pretax Margin % falls into.



American Aires 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.

American Aires'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 )
=-4.747/5.5
=-86.31 %

American Aires's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-1.9/4.595
=-41.35 %

* 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.


American Aires  (XCNQ:WIFI) 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.


American Aires Pretax Margin % Related Terms

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American Aires Business Description

Traded in Other Exchanges
Address
400 Applewood Crescent, Suite 100, Vaughan, ON, CAN, L4K 0C3
American Aires Inc is engaged in the production, distribution, and sales of electromagnetic protection devices. The company has three products: Air Shield Pro, Aires Defender Pro, Aires Guardian, and other products in the development phase.
Executives
Yan Jacob Namer Director or Senior Officer of 10% Security Holder
Ruslan Elensky Director

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