GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mako Mining Corp (TSXV:MKO) » Definitions » Pretax Margin %

Mako Mining (TSXV:MKO) Pretax Margin % : 30.76% (As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Mako Mining Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Mako Mining's Pre-Tax Income for the three months ended in Mar. 2024 was C$8.00 Mil. Mako Mining's Revenue for the three months ended in Mar. 2024 was C$26.00 Mil. Therefore, Mako Mining's pretax margin for the quarter that ended in Mar. 2024 was 30.76%.

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

TSXV:MKO' s Pretax Margin % Range Over the Past 10 Years
Min: -864.04   Med: -15.59   Max: 29.48
Current: 18.7


TSXV:MKO's Pretax Margin % is ranked better than
83.7% of 859 companies
in the Metals & Mining industry
Industry Median: 0.42 vs TSXV:MKO: 18.70

Mako Mining Pretax Margin % Historical Data

The historical data trend for Mako Mining'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.

Mako Mining Pretax Margin % Chart

Mako Mining Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -317.13 -864.04 29.48 -15.59 13.47

Mako Mining Quarterly Data
Apr19 Jul19 Oct19 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 11.85 -17.05 -10.66 39.03 30.76

Competitive Comparison of Mako Mining's Pretax Margin %

For the Gold subindustry, Mako Mining'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.


Mako Mining's Pretax Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mako Mining's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Mako Mining's Pretax Margin % falls into.



Mako Mining 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.

Mako Mining'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 )
=11.917/88.476
=13.47 %

Mako Mining'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 )
=7.998/26.004
=30.76 %

* 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.


Mako Mining  (TSXV:MKO) 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.


Mako Mining Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Mako Mining's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Mako Mining (TSXV:MKO) Business Description

Traded in Other Exchanges
Address
838 West Hastings Street, Suite 700, Vancouver, BC, CAN, V6C 0A6
Mako Mining Corp is a gold mining, development, and exploration firm. It's developing its high-grade San Albino gold project in Nueva Segovia, Nicaragua. Its primary objective is to bring San Albino into production quickly and efficiently while continuing the exploration of prospective targets in Nicaragua.
Executives
Jesse Munoz Director or Senior Officer of 10% Security Holder

Mako Mining (TSXV:MKO) Headlines

No Headlines