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GSRX Industries (GSRX Industries) Pretax Margin % : -87.22% (As of Sep. 2020)


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What is GSRX Industries Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. GSRX Industries's Pre-Tax Income for the three months ended in Sep. 2020 was $-2.40 Mil. GSRX Industries's Revenue for the three months ended in Sep. 2020 was $2.75 Mil. Therefore, GSRX Industries's pretax margin for the quarter that ended in Sep. 2020 was -87.22%.

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


GSRX's Pretax Margin % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 4.44
* Ranked among companies with meaningful Pretax Margin % only.

GSRX Industries Pretax Margin % Historical Data

The historical data trend for GSRX Industries'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.

GSRX Industries Pretax Margin % Chart

GSRX Industries Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -628.30 -335.47

GSRX Industries Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 -872.25 -365.91 7.78 11.34 -87.22

Competitive Comparison of GSRX Industries's Pretax Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, GSRX Industries'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.


GSRX Industries's Pretax Margin % Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where GSRX Industries's Pretax Margin % falls into.



GSRX Industries 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.

GSRX Industries's Pretax Margin for the fiscal year that ended in Dec. 2019 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2019 )/Revenue (A: Dec. 2019 )
=-36.915/11.004
=-335.47 %

GSRX Industries's Pretax Margin for the quarter that ended in Sep. 2020 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2020 )/Revenue (Q: Sep. 2020 )
=-2.395/2.746
=-87.22 %

* 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.


GSRX Industries  (OTCPK:GSRX) 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.


GSRX Industries Pretax Margin % Related Terms

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GSRX Industries (GSRX Industries) Business Description

Traded in Other Exchanges
N/A
Address
Building No. 3, int. Jose Efron Avenue, P.R. 606, Dorado, PRI, 00646
GSRX Industries Inc is a vertically integrated retail, production, and cultivation firm which provides unique medical and adult-use cannabis products. The dispensaries are located in Puerto Rico and California. The company generates revenue by selling medical cannabis, edibles, and paraphernalia, including, oils, lotions, THC pills, vaporizers, rigs, grinders, t-shirts, hats, logo items, and bongs and pipes with a vaporizer. Its geographical segments include California, Tennessee, Texas, and Puerto Rico, out of which a vast majority is generated from Puerto Rico.
Executives
Geoffrey Alison director, officer: President and Secretary 122 OCEAN PARK BLVD., SUITE 307, SANTA MONICA CA 90405
Fountainhead Capital Management Ltd 10 percent owner PORTMAN HOUSE HUE STREET, ST HELIER, JERSEY CHANNEL ISLANDS X0 JE45RP
Henry C. Casden director, officer: CEO 74090 EL PASEO SUITE 205 PALM DESERT CA 92260