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Wearable Health Solutions (Wearable Health Solutions) Pretax Margin % : 98.43% (As of Dec. 2023)


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What is Wearable Health Solutions Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Wearable Health Solutions's Pre-Tax Income for the three months ended in Dec. 2023 was $0.13 Mil. Wearable Health Solutions's Revenue for the three months ended in Dec. 2023 was $0.13 Mil. Therefore, Wearable Health Solutions's pretax margin for the quarter that ended in Dec. 2023 was 98.43%.

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

WHSI' s Pretax Margin % Range Over the Past 10 Years
Min: -1247.51   Med: -76.53   Max: 72.1
Current: -159.33


WHSI's Pretax Margin % is ranked worse than
81.1% of 815 companies
in the Medical Devices & Instruments industry
Industry Median: 0.05 vs WHSI: -159.33

Wearable Health Solutions Pretax Margin % Historical Data

The historical data trend for Wearable Health 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.

Wearable Health Solutions Pretax Margin % Chart

Wearable Health Solutions Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -92.86 -39.04 -237.66 -1,247.51 -320.54

Wearable Health Solutions Quarterly Data
Mar19 Jun19 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 -272.73 -269.07 -421.90 13.38 98.43

Competitive Comparison of Wearable Health Solutions's Pretax Margin %

For the Medical Instruments & Supplies subindustry, Wearable Health 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.


Wearable Health Solutions's Pretax Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Wearable Health Solutions's Pretax Margin % distribution charts can be found below:

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



Wearable Health 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.

Wearable Health Solutions's Pretax Margin for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=-2.388/0.745
=-320.54 %

Wearable Health Solutions'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 )
=0.125/0.127
=98.43 %

* 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.


Wearable Health Solutions  (OTCPK:WHSI) 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.


Wearable Health Solutions Pretax Margin % Related Terms

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Wearable Health Solutions (Wearable Health Solutions) Business Description

Traded in Other Exchanges
N/A
Address
2901 Pacific Coast Highway, Suite 200, Newport Beach, CA, USA, 92663
Wearable Health Solutions Inc is engaged in manufacturing medical alarm devices which are used to summon help in the event of an emergency. The company provides mobile health (mHealth) products and services to be used by customers in case of an emergency. As a provider of personal emergency devices, it provides wearable healthcare products, tracking services, and turn-key solutions that enable its users to be proactive with their health, as well as safe and protected.
Executives
Sandor Capital Master Fund, L.p. 10 percent owner 2828 ROUTH STREET, SUITE 500, DALLAS TX 75201

Wearable Health Solutions (Wearable Health Solutions) Headlines

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