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BYND Cannasoft Enterprises (BYND Cannasoft Enterprises) Pretax Margin % : -9,918.42% (As of Mar. 2024)


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What is BYND Cannasoft Enterprises Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. BYND Cannasoft Enterprises's Pre-Tax Income for the three months ended in Mar. 2024 was $-22.61 Mil. BYND Cannasoft Enterprises's Revenue for the three months ended in Mar. 2024 was $0.23 Mil. Therefore, BYND Cannasoft Enterprises's pretax margin for the quarter that ended in Mar. 2024 was -9,918.42%.

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

BCAN' s Pretax Margin % Range Over the Past 10 Years
Min: -5012.44   Med: -397.95   Max: -147.64
Current: -5012.44


BCAN's Pretax Margin % is ranked worse than
98.84% of 2769 companies
in the Software industry
Industry Median: 2.43 vs BCAN: -5012.44

BYND Cannasoft Enterprises Pretax Margin % Historical Data

The historical data trend for BYND Cannasoft Enterprises'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.

BYND Cannasoft Enterprises Pretax Margin % Chart

BYND Cannasoft Enterprises Annual Data
Trend Dec21 Dec22 Dec23
Pretax Margin %
-397.90 -147.52 -1,714.20

BYND Cannasoft Enterprises Quarterly Data
Mar20 Jun20 Sep20 Mar21 Jun21 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 -167.86 -458.20 -688.59 -7,513.25 -9,918.42

Competitive Comparison of BYND Cannasoft Enterprises's Pretax Margin %

For the Software - Infrastructure subindustry, BYND Cannasoft Enterprises'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.


BYND Cannasoft Enterprises's Pretax Margin % Distribution in the Software Industry

For the Software industry and Technology sector, BYND Cannasoft Enterprises's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where BYND Cannasoft Enterprises's Pretax Margin % falls into.



BYND Cannasoft Enterprises 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.

BYND Cannasoft Enterprises'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 )
=-13.765/0.803
=-1,714.20 %

BYND Cannasoft Enterprises'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 )
=-22.614/0.228
=-9,918.42 %

* 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.


BYND Cannasoft Enterprises  (NAS:BCAN) 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.


BYND Cannasoft Enterprises Pretax Margin % Related Terms

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BYND Cannasoft Enterprises (BYND Cannasoft Enterprises) Business Description

Traded in Other Exchanges
Address
2264 East 11th Avenue, Vancouver, BC, CAN, V5N 1Z6
BYND Cannasoft Enterprises Inc is engaged in the continued development of its new Benefit CRM and Cannabis CRM Platform along with construction, licensing, and operation of the Cannabis Farm and indoor cannabis growing facility.

BYND Cannasoft Enterprises (BYND Cannasoft Enterprises) Headlines

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