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Choom Holdings (Choom Holdings) Pretax Margin % : -156.33% (As of Dec. 2021)


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What is Choom Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Choom Holdings's Pre-Tax Income for the three months ended in Dec. 2021 was $-5.15 Mil. Choom Holdings's Revenue for the three months ended in Dec. 2021 was $3.29 Mil. Therefore, Choom Holdings's pretax margin for the quarter that ended in Dec. 2021 was -156.33%.

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


CHOOF's Pretax Margin % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 4.555
* Ranked among companies with meaningful Pretax Margin % only.

Choom Holdings Pretax Margin % Historical Data

The historical data trend for Choom Holdings'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.

Choom Holdings Pretax Margin % Chart

Choom Holdings Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -5,064.36 -274.38 -91.29

Choom Holdings Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 -50.68 -69.66 -237.18 93.88 -156.33

Competitive Comparison of Choom Holdings's Pretax Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Choom Holdings'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.


Choom Holdings's Pretax Margin % Distribution in the Drug Manufacturers Industry

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

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



Choom Holdings 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.

Choom Holdings's Pretax Margin for the fiscal year that ended in Jun. 2021 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2021 )/Revenue (A: Jun. 2021 )
=-16.472/18.043
=-91.29 %

Choom Holdings's Pretax Margin for the quarter that ended in Dec. 2021 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2021 )/Revenue (Q: Dec. 2021 )
=-5.148/3.293
=-156.33 %

* 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.


Choom Holdings  (OTCPK:CHOOF) 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.


Choom Holdings Pretax Margin % Related Terms

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Choom Holdings (Choom Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1525 West 8th Avenue, Suite 208, Vancouver, BC, CAN, V6J 1T5
Choom Holdings Inc is a Canadian cannabis retailer. It sells products under the brand name Choom. The company has two primary business units, Retail Cannabis, and Patient Counselling. It generates maximum revenue from the Retail Cannabis segment.