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Virtual Interactive Technologies (Virtual Interactive Technologies) Pretax Margin % : -430.95% (As of Sep. 2023)


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What is Virtual Interactive Technologies Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Virtual Interactive Technologies's Pre-Tax Income for the three months ended in Sep. 2023 was $-0.18 Mil. Virtual Interactive Technologies's Revenue for the three months ended in Sep. 2023 was $0.04 Mil. Therefore, Virtual Interactive Technologies's pretax margin for the quarter that ended in Sep. 2023 was -430.95%.

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

VRVR' s Pretax Margin % Range Over the Past 10 Years
Min: -2167.69   Med: -306.29   Max: -3.91
Current: -2167.69


VRVR's Pretax Margin % is ranked worse than
98.62% of 580 companies
in the Interactive Media industry
Industry Median: -0.9 vs VRVR: -2167.69

Virtual Interactive Technologies Pretax Margin % Historical Data

The historical data trend for Virtual Interactive Technologies'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.

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Virtual Interactive Technologies Pretax Margin % Chart

Virtual Interactive Technologies Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Sep19 Sep20 Sep21 Sep22 Sep23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -306.29 -3.91 -54.95 -1,142.07 -2,166.92

Virtual Interactive Technologies Quarterly Data
Nov18 Feb19 May19 Aug19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -681.94 -4,440.00 -2,548.48 -2,594.29 -430.95

Competitive Comparison of Virtual Interactive Technologies's Pretax Margin %

For the Electronic Gaming & Multimedia subindustry, Virtual Interactive Technologies'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.


Virtual Interactive Technologies's Pretax Margin % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Virtual Interactive Technologies's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Virtual Interactive Technologies's Pretax Margin % falls into.



Virtual Interactive Technologies 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.

Virtual Interactive Technologies's Pretax Margin for the fiscal year that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Sep. 2023 )/Revenue (A: Sep. 2023 )
=-2.817/0.13
=-2,166.92 %

Virtual Interactive Technologies'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 )
=-0.181/0.042
=-430.95 %

* 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.


Virtual Interactive Technologies  (OTCPK:VRVR) 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.


Virtual Interactive Technologies Pretax Margin % Related Terms

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Virtual Interactive Technologies (Virtual Interactive Technologies) Business Description

Traded in Other Exchanges
N/A
Address
600 17th Street, Suite 2800 South, Denver, CO, USA, 80202
Virtual Interactive Technologies Corp offers expertise in developing solutions, publishing, and marketing video game products and is actively involved in the early stages of Virtual Reality/Augmented Reality game development. The revenue is generated from the royalty interest in five games, Carmageddon Max Damage, Carmageddon Crashers, Catch and Release, Interplanetary: Enhanced Edition, and Worbital. These games are distributed world-wide on various gaming platforms including Sony PlayStation, Xbox, Steam, and Oculus among others.