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Taiga Motors (TSX:TAIG) Pretax Margin % : -283.28% (As of Mar. 2024)


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What is Taiga Motors Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Taiga Motors's Pre-Tax Income for the three months ended in Mar. 2024 was C$-14.38 Mil. Taiga Motors's Revenue for the three months ended in Mar. 2024 was C$5.08 Mil. Therefore, Taiga Motors's pretax margin for the quarter that ended in Mar. 2024 was -283.28%.

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

TSX:TAIG' s Pretax Margin % Range Over the Past 10 Years
Min: -1852.93   Med: -1156   Max: -380.57
Current: -380.57


TSX:TAIG's Pretax Margin % is ranked worse than
97.2% of 1288 companies
in the Vehicles & Parts industry
Industry Median: 4.47 vs TSX:TAIG: -380.57

Taiga Motors Pretax Margin % Historical Data

The historical data trend for Taiga Motors'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.

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Taiga Motors Pretax Margin % Chart

Taiga Motors Annual Data
Trend May17 May18 May19 May20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial - - - -1,852.93 -459.06

Taiga Motors Quarterly Data
May18 May19 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 -827.01 -424.27 -479.84 -363.75 -283.28

Competitive Comparison of Taiga Motors's Pretax Margin %

For the Recreational Vehicles subindustry, Taiga Motors'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.


Taiga Motors's Pretax Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Taiga Motors's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Taiga Motors's Pretax Margin % falls into.



Taiga Motors 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.

Taiga Motors'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 )
=-74.032/16.127
=-459.06 %

Taiga Motors'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 )
=-14.382/5.077
=-283.28 %

* 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.


Taiga Motors  (TSX:TAIG) 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.


Taiga Motors Pretax Margin % Related Terms

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Taiga Motors (TSX:TAIG) Business Description

Traded in Other Exchanges
Address
2695 Dollard Avenue, LaSalle, Montreal, QC, CAN, H8N 2J8
Taiga Motors Corp is a Canadian company focused on the production and delivery of all-electric vehicles. its activities of research and development, design, and marketing. Its product lineup includes electric snowmobiles and personal watercraft. Its geographic regions are Canada and the United states of America, and the majority of its revenue comes from Canada.

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