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Aion Therapeutic (XCNQ:AION) Pretax Margin % : -170.27% (As of Jan. 2024)


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What is Aion Therapeutic Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Aion Therapeutic's Pre-Tax Income for the three months ended in Jan. 2024 was C$-0.38 Mil. Aion Therapeutic's Revenue for the three months ended in Jan. 2024 was C$0.22 Mil. Therefore, Aion Therapeutic's pretax margin for the quarter that ended in Jan. 2024 was -170.27%.

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

XCNQ:AION' s Pretax Margin % Range Over the Past 10 Years
Min: -494.14   Med: 0   Max: 0
Current: -494.14


XCNQ:AION's Pretax Margin % is ranked worse than
92.84% of 1019 companies
in the Drug Manufacturers industry
Industry Median: 4.12 vs XCNQ:AION: -494.14

Aion Therapeutic Pretax Margin % Historical Data

The historical data trend for Aion Therapeutic'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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Aion Therapeutic Pretax Margin % Chart

Aion Therapeutic Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Pretax Margin %
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Aion Therapeutic Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - - - - -170.27

Competitive Comparison of Aion Therapeutic's Pretax Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Aion Therapeutic'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.


Aion Therapeutic's Pretax Margin % Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Aion Therapeutic's Pretax Margin % falls into.



Aion Therapeutic 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.

Aion Therapeutic's Pretax Margin for the fiscal year that ended in Apr. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Apr. 2023 )/Revenue (A: Apr. 2023 )
=-0.257/0
= %

Aion Therapeutic's Pretax Margin for the quarter that ended in Jan. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=-0.378/0.222
=-170.27 %

* 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.


Aion Therapeutic  (XCNQ:AION) 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.


Aion Therapeutic Pretax Margin % Related Terms

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Aion Therapeutic (XCNQ:AION) Business Description

Traded in Other Exchanges
Address
700 West Georgia Street, Suite 2200, Vancouver, BC, CAN, V7Y 1K8
Aion Therapeutic Inc is in the business of research and development, treatment, data mining, and state of the art artificial intelligence techniques, focused on the development of combinatorial pharmaceuticals, nutraceuticals, and cosmeceuticals utilizing compounds from cannabis, psychedelic mushrooms, fungi, natural psychedelic formulations, and other medicinal plants in a legal environment for this type of discovery.
Executives
Ismail Abdul Fattah Director or Senior Officer of 10% Security Holder

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