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Planet Ventures (Planet Ventures) Pretax Margin % : 160.74% (As of Dec. 2023)


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What is Planet Ventures Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Planet Ventures's Pre-Tax Income for the three months ended in Dec. 2023 was $-0.26 Mil. Planet Ventures's Revenue for the three months ended in Dec. 2023 was $-0.16 Mil. Therefore, Planet Ventures's pretax margin for the quarter that ended in Dec. 2023 was 160.74%.

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

PNXPF' s Pretax Margin % Range Over the Past 10 Years
Min: -1695.24   Med: 366.48   Max: 3861.7
Current: 44.93


PNXPF's Pretax Margin % is ranked worse than
67.95% of 1660 companies
in the Asset Management industry
Industry Median: 90.98 vs PNXPF: 44.93

Planet Ventures Pretax Margin % Historical Data

The historical data trend for Planet Ventures'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.

Planet Ventures Pretax Margin % Chart

Planet Ventures Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -663.79 1,072.31 -368.83 650.92 3,900.00

Planet Ventures 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 1,533.33 -436.84 27.87 -295.12 160.74

Competitive Comparison of Planet Ventures's Pretax Margin %

For the Asset Management subindustry, Planet Ventures'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.


Planet Ventures's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Planet Ventures's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Planet Ventures's Pretax Margin % falls into.



Planet Ventures 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.

Planet Ventures's Pretax Margin for the fiscal year that ended in Mar. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=-1.326/-0.034
=3,900.00 %

Planet Ventures'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 )
=-0.262/-0.163
=160.74 %

* 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.


Planet Ventures  (OTCPK:PNXPF) 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.


Planet Ventures Pretax Margin % Related Terms

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Planet Ventures (Planet Ventures) Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 303, Vancouver, BC, CAN, V6C 2T7
Planet Ventures Inc is an investment company. The company invests in a portfolio of shares and other securities of public and private companies. It invests in the mining, cryptocurrency, and blockchain arena in addition to its most recent investment in a legal web-based sportsbook.

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