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The Planting Hope Co (TSXV:MYLK) Pretax Margin % : -170.38% (As of Sep. 2023)


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What is The Planting Hope Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. The Planting Hope Co's Pre-Tax Income for the three months ended in Sep. 2023 was C$-3.67 Mil. The Planting Hope Co's Revenue for the three months ended in Sep. 2023 was C$2.15 Mil. Therefore, The Planting Hope Co's pretax margin for the quarter that ended in Sep. 2023 was -170.38%.

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

TSXV:MYLK' s Pretax Margin % Range Over the Past 10 Years
Min: -758.26   Med: -422.53   Max: -86.8
Current: -119.57


TSXV:MYLK's Pretax Margin % is ranked worse than
95.8% of 1856 companies
in the Consumer Packaged Goods industry
Industry Median: 4.27 vs TSXV:MYLK: -119.57

The Planting Hope Co Pretax Margin % Historical Data

The historical data trend for The Planting Hope Co'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.

The Planting Hope Co Pretax Margin % Chart

The Planting Hope Co Annual Data
Trend Dec21 Dec22
Pretax Margin %
-758.26 -86.80

The Planting Hope Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.95 -185.78 -178.26 - -170.38

Competitive Comparison of The Planting Hope Co's Pretax Margin %

For the Packaged Foods subindustry, The Planting Hope Co'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.


The Planting Hope Co's Pretax Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Planting Hope Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where The Planting Hope Co's Pretax Margin % falls into.



The Planting Hope Co 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.

The Planting Hope Co'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 )
=-10.59/12.201
=-86.80 %

The Planting Hope Co's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-3.67/2.154
=-170.38 %

* 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.


The Planting Hope Co  (TSXV:MYLK) 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.


The Planting Hope Co Pretax Margin % Related Terms

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The Planting Hope Co (TSXV:MYLK) Business Description

Traded in Other Exchanges
Address
725 Granville Street, Suite 400, Vancouver, BC, CAN, V7Y 1G5
The Planting Hope Co Inc develops, launches, and scales plant-based, nutritious, and planet-friendly food and beverage brands across the United States and Canada. The company's products fill key unmet needs in the skyrocketing plant-based food and beverage space. It focuses on nutrition, sustainability, and diversity, with an ongoing mission. Its brands include Hope and Sesame sesame milk, a sustainable dairy alternative that is nutritionally comparable to dairy milk; Mozaics real veggie chips, a popped alternative to fried potato chips featuring visible peas and beans as principal ingredients; Veggicopia single-serving plant-based dips cups and snack olives that have extended shelf-life, require no refrigeration and lowers the carbon footprint.

The Planting Hope Co (TSXV:MYLK) Headlines

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