Avante (Avante) Pretax Margin %

: -0.08% (As of Dec. 2023)

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Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Avante's Pre-Tax Income for the three months ended in Dec. 2023 was $-0.00 Mil. Avante's Revenue for the three months ended in Dec. 2023 was $5.17 Mil. Therefore, Avante's pretax margin for the quarter that ended in Dec. 2023 was -0.08%.

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

ALXXF' s Pretax Margin % Range Over the Past 10 Years
Min: -32.36 Med: -3.52 Max: 15.57
Current: -18.16

ALXXF's Pretax Margin % is ranked worse than
89.59% of 1066 companies
in the Business Services industry
Industry Median: 5.77 vs ALXXF: -18.16

Avante Pretax Margin % Historical Data

The historical data trend for Avante'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.

Avante Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Pretax Margin %

-9.85

-7.63

-27.14

-32.36

-16.34

Avante Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Pretax Margin %																-8.27	2.45	-51.76	-7.91	-0.08

Competitive Comparison

For the Security & Protection Services subindustry, Avante'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.

Avante Pretax Margin % Distribution

For the Business Services industry and Industrials sector, Avante's Pretax Margin % distribution charts can be found below:

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

Avante 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.

Avante's Pretax Margin for the fiscal year that ended in Mar. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	-2.384	/	14.587
	=	-16.34 %

Avante's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-0.004	/	5.174
	=	-0.08 %

Avante (OTCPK:ALXXF) 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.

Avante Pretax Margin % Related Terms

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Avante (Avante) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Avante Corp (OTCPK:ALXXF) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

XX:Canada

Address

1959 Leslie Street, Toronto, ON, CAN, M3B 2M3

Website

https://www.avantelogixx.com

Avante Corp is engaged in the provision of security, monitoring, system integration, and technology solutions. Its operating segments are Avante security. Its products and services include residential and corporate security business: Avante control centre, monitoring, electronic building management, patrol and rapid response, intelligent perimeter protection, secure transport, international security travel advisory services, locksmith services, and smart home automation. It provides security services for residential and condominium customers in Toronto and Muskoka, Ontario through the use of technology and client service.