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XIGMF (Xigem Technologies) Pretax Margin % : -74.19% (As of Sep. 2024)


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What is Xigem Technologies Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Xigem Technologies's Pre-Tax Income for the three months ended in Sep. 2024 was $-0.09 Mil. Xigem Technologies's Revenue for the three months ended in Sep. 2024 was $0.12 Mil. Therefore, Xigem Technologies's pretax margin for the quarter that ended in Sep. 2024 was -74.19%.

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

XIGMF' s Pretax Margin % Range Over the Past 10 Years
Min: -285.68   Med: -285.68   Max: -39.82
Current: -39.82


XIGMF's Pretax Margin % is ranked worse than
82.47% of 2761 companies
in the Software industry
Industry Median: 3.09 vs XIGMF: -39.82

Xigem Technologies Pretax Margin % Historical Data

The historical data trend for Xigem Technologies'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.

Xigem Technologies Pretax Margin % Chart

Xigem Technologies Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
- - - - -285.67

Xigem Technologies 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 - - -16.18 -24.38 -74.19

Competitive Comparison of Xigem Technologies's Pretax Margin %

For the Software - Application subindustry, Xigem Technologies'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.


Xigem Technologies's Pretax Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Xigem Technologies's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Xigem Technologies's Pretax Margin % falls into.



Xigem Technologies 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.

Xigem Technologies'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 )
=-0.937/0.328
=-285.67 %

Xigem Technologies'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 )
=-0.092/0.124
=-74.19 %

* 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.


Xigem Technologies  (OTCPK:XIGMF) 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.


Xigem Technologies Pretax Margin % Related Terms

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Xigem Technologies Business Description

Traded in Other Exchanges
Address
401 Bay Street, Suite 2704, Box 4, Toronto, ON, CAN, M5H 2Y4
Xigem Technologies Corp is a SaaS technology platform with software capable of improving capacity, productivity, and overall remote operations for businesses, consumers, and other organizations. It consists of a comprehensive cloud-computing solution for remote business operations and institutions, giving safety and access to remote virtual work environments.

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