WeCommerce Holdings (TSXV:WE) Pretax Margin % : -93.67% (As of Dec. 2022)

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What is WeCommerce Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. WeCommerce Holdings's Pre-Tax Income for the three months ended in Dec. 2022 was C$-12.46 Mil. WeCommerce Holdings's Revenue for the three months ended in Dec. 2022 was C$13.30 Mil. Therefore, WeCommerce Holdings's pretax margin for the quarter that ended in Dec. 2022 was -93.67%.

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

TSXV:WE's Pretax Margin % is not ranked ^*
in the Software industry.
Industry Median: 2.24
* Ranked among companies with meaningful Pretax Margin % only.

WeCommerce Holdings Pretax Margin % Historical Data

The historical data trend for WeCommerce 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.

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WeCommerce Holdings Pretax Margin % Chart

WeCommerce Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Pretax Margin %

1.33

-18.76

-1.41

-47.12

WeCommerce Holdings Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Pretax Margin %	Get a 7-Day Free Trial									35.18	6.88	-41.38	-55.89	-93.67

Competitive Comparison of WeCommerce Holdings's Pretax Margin %

For the Software - Application subindustry, WeCommerce 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.

WeCommerce Holdings's Pretax Margin % Distribution in the Software Industry

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

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

WeCommerce 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.

WeCommerce Holdings's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	-22.838	/	48.472
	=	-47.12 %

WeCommerce Holdings's Pretax Margin for the quarter that ended in Dec. 2022 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Dec. 2022 )	/	Revenue (Q: Dec. 2022 )
	=	-12.458	/	13.3
	=	-93.67 %

WeCommerce Holdings (TSXV:WE) 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.

WeCommerce Holdings Pretax Margin % Related Terms

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WeCommerce Holdings (TSXV:WE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » WeCommerce Holdings Ltd (TSXV:WE) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

329 Howe Street, PMB 2066, Victoria, BC, CAN, V6C 3N2

Website

https://www.wecommerce.co

WeCommerce Holdings Ltd is a holding company that owns a family of companies and brands in the Shopify partner ecosystem, including Pixel Union, Out of the Sandbox, Yopify, SuppleApps, Rehash, Stamped and Foursixty. The company's primary focus is to build, grow and acquire businesses that serve the Shopify Partner ecosystem. These businesses consist largely of Software as a Service, Digital Goods and Services businesses. Generally, these businesses build Apps and Themes and run Agencies that support Shopify merchants. The company targets businesses within the Shopify ecosystem due to its confidence in the Shopify platform, the fragmented nature of the ecosystem and the attractive economics that the businesses generally exhibit. Its segments include Themes, Apps and Agency.

WeCommerce Holdings (TSXV:WE) Headlines

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