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Resonate Blends (Resonate Blends) Pretax Margin % : -3,882.11% (As of Mar. 2024)


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What is Resonate Blends Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Resonate Blends's Pre-Tax Income for the three months ended in Mar. 2024 was $-3.69 Mil. Resonate Blends's Revenue for the three months ended in Mar. 2024 was $0.10 Mil. Therefore, Resonate Blends's pretax margin for the quarter that ended in Mar. 2024 was -3,882.11%.

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

KOAN' s Pretax Margin % Range Over the Past 10 Years
Min: -18048.15   Med: -768.02   Max: 1308
Current: -4676.24


KOAN's Pretax Margin % is ranked worse than
97.75% of 1020 companies
in the Drug Manufacturers industry
Industry Median: 4.12 vs KOAN: -4676.24

Resonate Blends Pretax Margin % Historical Data

The historical data trend for Resonate Blends'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.

Resonate Blends Pretax Margin % Chart

Resonate Blends Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -18,048.15 1,308.00 -8,850.00

Resonate Blends Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3,810.00 -6,700.00 - - -3,882.11

Competitive Comparison of Resonate Blends's Pretax Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Resonate Blends'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.


Resonate Blends's Pretax Margin % Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Resonate Blends's Pretax Margin % falls into.



Resonate Blends 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.

Resonate Blends'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 )
=-1.416/0.016
=-8,850.00 %

Resonate Blends'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 )
=-3.688/0.095
=-3,882.11 %

* 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.


Resonate Blends  (OTCPK:KOAN) 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.


Resonate Blends Pretax Margin % Related Terms

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Resonate Blends (Resonate Blends) Business Description

Traded in Other Exchanges
N/A
Address
26565 Agoura Road, Suite 200, Calabasas, CA, USA, 91302
Resonate Blends Inc is a cannabis/hemp-based holding company. It is focused on a vertically integrated and valued-added Wellness and Lifestyle brand.
Executives
Richard Hoge 10 percent owner C/O JIM KEARNEY, 760 SW 9TH AVE. STE 3000, PORTLAND OR 97205
Pamela Kerwin officer: Chief Operating Officer 26565 AGOURA ROAD, SUITE 200, CALABASAS CA 91302
Geoffrey Selzer director, officer: Chief Executive Officer 26565 AGOURA ROAD, SUITE 200, CALABASAS CA 91302
David Thomas Thielen 10 percent owner, officer: COO 1940 CONTRA COSTA BLVD., PLEASANT HILL CA 94523
Nick Allen Miniello 10 percent owner, officer: VP of Sales 1940 CONTRA COSTA BLVD., PLEASANT HILL CA 94523
Wais Asefi director, 10 percent owner, officer: CEO 1940 CONTRA COSTA BLVD., PLEASANT HILL CA 94523
Sterling John M Iii director
Gregory Oliver Sargent 10 percent owner 1609 FAIRFIELD BEACH ROAD, FAIRFIELD CT 06824
Steven Richard Deerwester officer: Vice President 3125 DARTMOUTH PLACE, CUMMING GA 30041
David G Kane other: Controller 50 JOE LEE DRIVE, SHARPSBURG GA 30277
I Sigmund Mosley director 945 E PACES FERRY RD, SUITE 2450, ATLANTA GA 30326
Vincent J Dooley director 2859 PACES FERRY ROAD, SUITE 1000, ATLANTA GA 30339
Spencer John N Jr director 2859 PACES FERRY RD, STE 1000, ATLANTA GA 30339
Marsha K Calfee officer: VP of Product Development
Jeffrey Longoria officer: VP of Sales