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Healwell AI (TSX:AIDX) Pretax Margin % : 346.38% (As of Dec. 2023)


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What is Healwell AI Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Healwell AI's Pre-Tax Income for the three months ended in Dec. 2023 was C$-5.69 Mil. Healwell AI's Revenue for the three months ended in Dec. 2023 was C$-1.64 Mil. Therefore, Healwell AI's pretax margin for the quarter that ended in Dec. 2023 was 346.38%.

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

TSX:AIDX' s Pretax Margin % Range Over the Past 10 Years
Min: -446.67   Med: -3.47   Max: -0.01
Current: -208.96


TSX:AIDX's Pretax Margin % is ranked worse than
92.62% of 650 companies
in the Healthcare Providers & Services industry
Industry Median: 2.54 vs TSX:AIDX: -208.96

Healwell AI Pretax Margin % Historical Data

The historical data trend for Healwell AI'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.

Healwell AI Pretax Margin % Chart

Healwell AI Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial -0.06 -3.47 -34.06 -163.81 -446.67

Healwell AI Quarterly Data
Dec17 Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -3,254.22 -66.32 -376.08 -282.27 346.38

Competitive Comparison of Healwell AI's Pretax Margin %

For the Medical Care Facilities subindustry, Healwell AI'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.


Healwell AI's Pretax Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Healwell AI's Pretax Margin % distribution charts can be found below:

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



Healwell AI 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.

Healwell AI'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 )
=-32.683/7.317
=-446.67 %

Healwell AI'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 )
=-5.691/-1.643
=346.38 %

* 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.


Healwell AI  (TSX:AIDX) 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.


Healwell AI Pretax Margin % Related Terms

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Healwell AI (TSX:AIDX) Business Description

Traded in Other Exchanges
Address
4881 Yonge Street, Suite No. 300, Toronto, ON, CAN, M2N 5X3
Healwell AI Inc is a healthcare technology company focused on AI and data science for preventative care. The company operates primary care networks and pioneering how actionable insights from data can be paired with targeted therapeutics to start treating disease before it's too late. Its technologies are backed by science and powered by AI.

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