GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Cathedra Bitcoin Inc (TSXV:CBIT) » Definitions » Pretax Margin %

Cathedra Bitcoin (TSXV:CBIT) Pretax Margin % : 95.88% (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Cathedra Bitcoin Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Cathedra Bitcoin's Pre-Tax Income for the three months ended in Dec. 2023 was C$3.12 Mil. Cathedra Bitcoin's Revenue for the three months ended in Dec. 2023 was C$3.25 Mil. Therefore, Cathedra Bitcoin's pretax margin for the quarter that ended in Dec. 2023 was 95.88%.

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

TSXV:CBIT' s Pretax Margin % Range Over the Past 10 Years
Min: -523.41   Med: -50.14   Max: 147.47
Current: -31.48


TSXV:CBIT's Pretax Margin % is not ranked
in the Capital Markets industry.
Industry Median: 19.53 vs TSXV:CBIT: -31.48

Cathedra Bitcoin Pretax Margin % Historical Data

The historical data trend for Cathedra Bitcoin'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.

Cathedra Bitcoin Pretax Margin % Chart

Cathedra Bitcoin Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -63.04 147.47 25.09 -523.41 -50.14

Cathedra Bitcoin Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 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 -516.13 -1,395.47 -111.06 -123.48 95.88

Competitive Comparison of Cathedra Bitcoin's Pretax Margin %

For the Capital Markets subindustry, Cathedra Bitcoin'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.


Cathedra Bitcoin's Pretax Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cathedra Bitcoin's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Cathedra Bitcoin's Pretax Margin % falls into.



Cathedra Bitcoin 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.

Cathedra Bitcoin'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 )
=-5.478/10.925
=-50.14 %

Cathedra Bitcoin'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 )
=3.12/3.254
=95.88 %

* 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.


Cathedra Bitcoin  (TSXV:CBIT) 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.


Cathedra Bitcoin Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Cathedra Bitcoin's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Cathedra Bitcoin (TSXV:CBIT) Business Description

Traded in Other Exchanges
Address
320 - 638 Broughton Street, Vancouver, BC, CAN, V6G 3K3
Cathedra Bitcoin Inc is a Bitcoin company that believes sound money and abundant energy are the keys to human flourishing. The Company has diversified bitcoin mining operations which produce 355 PH/s across three states and five locations in the United States. The Company is focused on managing and expanding its portfolio of hash rate through a diversified approach to site selection and operations, utilizing multiple energy sources across various jurisdictions.

Cathedra Bitcoin (TSXV:CBIT) Headlines

No Headlines