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Next Hydrogen Solutions (TSXV:NXH) Pretax Margin % : -593.58% (As of Mar. 2024)


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What is Next Hydrogen Solutions Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Next Hydrogen Solutions's Pre-Tax Income for the three months ended in Mar. 2024 was C$-3.42 Mil. Next Hydrogen Solutions's Revenue for the three months ended in Mar. 2024 was C$0.58 Mil. Therefore, Next Hydrogen Solutions's pretax margin for the quarter that ended in Mar. 2024 was -593.58%.

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

TSXV:NXH' s Pretax Margin % Range Over the Past 10 Years
Min: -342550   Med: -1977.56   Max: -811.19
Current: -811.19


TSXV:NXH's Pretax Margin % is ranked worse than
98.62% of 2961 companies
in the Industrial Products industry
Industry Median: 6.52 vs TSXV:NXH: -811.19

Next Hydrogen Solutions Pretax Margin % Historical Data

The historical data trend for Next Hydrogen 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.

Next Hydrogen Solutions Pretax Margin % Chart

Next Hydrogen Solutions Annual Data
Trend Dec20 Jan21 Dec22 Dec23
Pretax Margin %
-342,550.00 - -1,977.56 -1,261.97

Next Hydrogen Solutions Quarterly Data
Jul19 Oct19 Apr20 Jul20 Oct20 Jan21 Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -7,715.91 -6,391.30 -4,405.66 -413.35 -593.58

Competitive Comparison of Next Hydrogen Solutions's Pretax Margin %

For the Specialty Industrial Machinery subindustry, Next Hydrogen 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.


Next Hydrogen Solutions's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Next Hydrogen Solutions's Pretax Margin % distribution charts can be found below:

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



Next Hydrogen 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.

Next Hydrogen Solutions's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-12.014/0.952
=-1,261.97 %

Next Hydrogen Solutions's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-3.419/0.576
=-593.58 %

* 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.


Next Hydrogen Solutions  (TSXV:NXH) 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.


Next Hydrogen Solutions Pretax Margin % Related Terms

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Next Hydrogen Solutions (TSXV:NXH) Business Description

Traded in Other Exchanges
Address
6610 Edwards Boulevard, Mississauga, ON, CAN, L5T 2V6
Next Hydrogen Solutions Inc is a designer and manufacturer of electrolyzers that use water and electricity as inputs to generate clean hydrogen for use as an energy source. Its cell design architecture enables high current density operations and superior dynamic response to efficiently convert intermittent renewable electricity into green hydrogen on an infrastructure scale. The company generates revenue from customer contracts from the principal sources of product and equipment sales and services as well as aftermarket sales.
Executives
Anthony Robert Guglielmin Director

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