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Borealis Foods (Borealis Foods) Pretax Margin % : % (As of Dec. 2023)


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What is Borealis Foods Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Borealis Foods's Pre-Tax Income for the six months ended in Dec. 2023 was $-2.94 Mil. Borealis Foods's Revenue for the six months ended in Dec. 2023 was $0.00 Mil. Therefore, Borealis Foods's pretax margin for the quarter that ended in Dec. 2023 was %.

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


BRLS's Pretax Margin % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 4.24
* Ranked among companies with meaningful Pretax Margin % only.

Borealis Foods Pretax Margin % Historical Data

The historical data trend for Borealis Foods'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.

Borealis Foods Pretax Margin % Chart

Borealis Foods Annual Data
Trend Dec21 Dec22 Dec23
Pretax Margin %
-74.10 - -

Borealis Foods Semi-Annual Data
Dec21 Dec22 Dec23
Pretax Margin % -74.10 - -

Competitive Comparison of Borealis Foods's Pretax Margin %

For the Packaged Foods subindustry, Borealis Foods'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.


Borealis Foods's Pretax Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Borealis Foods's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Borealis Foods's Pretax Margin % falls into.



Borealis Foods 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.

Borealis Foods'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 )
=-2.941/0
= %

Borealis Foods'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 )
=-2.941/0
= %

* 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.


Borealis Foods  (NAS:BRLS) 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.


Borealis Foods Pretax Margin % Related Terms

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Borealis Foods (Borealis Foods) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1540 Cornwall Road, Suite 104, Oakville, ON, CAN, L6J7W5
Borealis Foods Inc is a food technology company that has developed high-quality, affordable, sustainable, and nutritious ready-to-eat meals. It is a mission-driven company committed to utilizing its products to help solve national and global food security and nutrition challenges. Its commitment to nutrition, affordability and sustainability reflects its goal of positively impacting both human life and the planet. Through the development and launch of its ready-made ramen, featuring 20 grams of complete plant-based protein per serving, Borealis is developing advanced solutions to address global food challenges.

Borealis Foods (Borealis Foods) Headlines