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Nexalin Technology (Nexalin Technology) Pretax Margin % : -1,317.72% (As of Mar. 2024)


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What is Nexalin Technology Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Nexalin Technology's Pre-Tax Income for the three months ended in Mar. 2024 was $-1.04 Mil. Nexalin Technology's Revenue for the three months ended in Mar. 2024 was $0.08 Mil. Therefore, Nexalin Technology's pretax margin for the quarter that ended in Mar. 2024 was -1,317.72%.

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

NXL' s Pretax Margin % Range Over the Past 10 Years
Min: -4220.83   Med: -2794.35   Max: -128.54
Current: -3088.13


NXL's Pretax Margin % is ranked worse than
95.34% of 815 companies
in the Medical Devices & Instruments industry
Industry Median: -0.89 vs NXL: -3088.13

Nexalin Technology Pretax Margin % Historical Data

The historical data trend for Nexalin Technology'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.

Nexalin Technology Pretax Margin % Chart

Nexalin Technology Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Pretax Margin %
-1,400.41 -4,220.83 -128.54 -4,188.29

Nexalin Technology Quarterly Data
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 -2,412.90 -2,283.33 -9,570.83 -3,719.05 -1,317.72

Competitive Comparison of Nexalin Technology's Pretax Margin %

For the Medical Devices subindustry, Nexalin Technology'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.


Nexalin Technology's Pretax Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Nexalin Technology's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Nexalin Technology's Pretax Margin % falls into.



Nexalin Technology 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.

Nexalin Technology'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 )
=-4.649/0.111
=-4,188.29 %

Nexalin Technology'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 )
=-1.041/0.079
=-1,317.72 %

* 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.


Nexalin Technology  (NAS:NXL) 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.


Nexalin Technology Pretax Margin % Related Terms

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Nexalin Technology (Nexalin Technology) Business Description

Traded in Other Exchanges
N/A
Address
1776 Yorktown, Suite 550, Houston, TX, USA, 77056
Nexalin Technology Inc design and develop innovative neurostimulation products to uniquely and effectively help combat the ongoing global mental health epidemic. The company has developed an easy-to-administer medical device referred to as Generation 1 or Gen-1 that utilizes bioelectronic medical technology to treat anxiety and insomnia, without the need for drugs or psychotherapy.
Executives
Marilyn Elson 10 percent owner, officer: Ms. Elson serves as CFO 32 CAMLET COURT, ROSELAND NJ 07068
Rick Morad director 6331 CHAGRIN RIVER ROAD, BENTLEYVILLE OH 44022
Mark White director, officer: President/CEO 1776 YORKTOWN STREET, SUITE 550, HOUSTON TX 77056
David Owens director, officer: Chief Medical Officer 4545 HARRIS TRAIL NW, ATLANTA GA 30327
Alan Kazden director 3435 CONSUELO DRIVE, CALABASAS CA 91302
Leonard Osser other: Spouse
Ben Hu director 7021 EDGERTON ROAD, NORTH ROYALTON OH 44133

Nexalin Technology (Nexalin Technology) Headlines

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