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Wavefront Technology Solutions (Wavefront Technology Solutions) Pretax Margin % : -108.91% (As of May. 2022)


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What is Wavefront Technology Solutions Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Wavefront Technology Solutions's Pre-Tax Income for the three months ended in May. 2022 was $-0.39 Mil. Wavefront Technology Solutions's Revenue for the three months ended in May. 2022 was $0.36 Mil. Therefore, Wavefront Technology Solutions's pretax margin for the quarter that ended in May. 2022 was -108.91%.

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


WFTSF's Pretax Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 6.42
* Ranked among companies with meaningful Pretax Margin % only.

Wavefront Technology Solutions Pretax Margin % Historical Data

The historical data trend for Wavefront Technology Solutions'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.

Wavefront Technology Solutions Pretax Margin % Chart

Wavefront Technology Solutions Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -171.10 -55.70 -11.92 -23.54 -85.57

Wavefront Technology Solutions Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 -95.42 -61.82 -133.72 -80.33 -108.91

Competitive Comparison of Wavefront Technology Solutions's Pretax Margin %

For the Oil & Gas Equipment & Services subindustry, Wavefront Technology Solutions'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.


Wavefront Technology Solutions's Pretax Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Wavefront Technology Solutions's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Wavefront Technology Solutions's Pretax Margin % falls into.



Wavefront Technology Solutions 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.

Wavefront Technology Solutions's Pretax Margin for the fiscal year that ended in Aug. 2021 is calculated as

Pretax Margin=Pre-Tax Income (A: Aug. 2021 )/Revenue (A: Aug. 2021 )
=-1.091/1.275
=-85.57 %

Wavefront Technology Solutions's Pretax Margin for the quarter that ended in May. 2022 is calculated as

Pretax Margin=Pre-Tax Income (Q: May. 2022 )/Revenue (Q: May. 2022 )
=-0.391/0.359
=-108.91 %

* 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.


Wavefront Technology Solutions  (OTCPK:WFTSF) 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.


Wavefront Technology Solutions Pretax Margin % Related Terms

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Wavefront Technology Solutions (Wavefront Technology Solutions) Business Description

Traded in Other Exchanges
N/A
Address
70 Street North West, Suite 5621, Edmonton, AB, CAN, T6B 3P6
Wavefront Technology Solutions Inc is a technology company providing solutions to oil and gas exploration and production companies to maximize oil and gas production. It has two processes namely the Powerwave process which is an injection technology that improves the flow of fluids in geological materials including sedimentary soils and fractured rock, and Primawave process which is an effective method for aiding in-situ (in-ground) environmental groundwater remediation clean-up strategies in contaminated sites. Geographically it earns key revenue from the Middle East.

Wavefront Technology Solutions (Wavefront Technology Solutions) Headlines

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