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Tikun Olam Cannbit Pharmaceuticals (XTAE:TKUN) Pretax Margin % : -103.03% (As of Dec. 2023)


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What is Tikun Olam Cannbit Pharmaceuticals Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Tikun Olam Cannbit Pharmaceuticals's Pre-Tax Income for the six months ended in Dec. 2023 was ₪-22.35 Mil. Tikun Olam Cannbit Pharmaceuticals's Revenue for the six months ended in Dec. 2023 was ₪21.70 Mil. Therefore, Tikun Olam Cannbit Pharmaceuticals's pretax margin for the quarter that ended in Dec. 2023 was -103.03%.

The historical rank and industry rank for Tikun Olam Cannbit Pharmaceuticals's Pretax Margin % or its related term are showing as below:

XTAE:TKUN' s Pretax Margin % Range Over the Past 10 Years
Min: -212.52   Med: -99.68   Max: -91.89
Current: -212.52


XTAE:TKUN's Pretax Margin % is ranked worse than
89.7% of 1019 companies
in the Drug Manufacturers industry
Industry Median: 4.22 vs XTAE:TKUN: -212.52

Tikun Olam Cannbit Pharmaceuticals Pretax Margin % Historical Data

The historical data trend for Tikun Olam Cannbit Pharmaceuticals'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.

Tikun Olam Cannbit Pharmaceuticals Pretax Margin % Chart

Tikun Olam Cannbit Pharmaceuticals Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -161.71 -91.89 -99.68

Tikun Olam Cannbit Pharmaceuticals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 -93.20 -45.58 -140.32 -317.92 -103.03

Competitive Comparison of Tikun Olam Cannbit Pharmaceuticals's Pretax Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Tikun Olam Cannbit Pharmaceuticals'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.


Tikun Olam Cannbit Pharmaceuticals's Pretax Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Tikun Olam Cannbit Pharmaceuticals's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Tikun Olam Cannbit Pharmaceuticals's Pretax Margin % falls into.



Tikun Olam Cannbit Pharmaceuticals 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.

Tikun Olam Cannbit Pharmaceuticals'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 )
=-49.137/49.297
=-99.68 %

Tikun Olam Cannbit Pharmaceuticals'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 )
=-22.353/21.695
=-103.03 %

* 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.


Tikun Olam Cannbit Pharmaceuticals  (XTAE:TKUN) 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.


Tikun Olam Cannbit Pharmaceuticals Pretax Margin % Related Terms

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Tikun Olam Cannbit Pharmaceuticals (XTAE:TKUN) Business Description

Traded in Other Exchanges
N/A
Address
The Fourteenth, Tel Aviv, ISR
Tikun Olam Cannbit Pharmaceuticals Ltd is engaged in the business of growing and marketing medical cannabis.

Tikun Olam Cannbit Pharmaceuticals (XTAE:TKUN) Headlines

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