Progressive Planet Solutions (TSXV:PLAN) Pretax Margin % : 7.00% (As of Jan. 2024)

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What is Progressive Planet Solutions Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Progressive Planet Solutions's Pre-Tax Income for the three months ended in Jan. 2024 was C$0.34 Mil. Progressive Planet Solutions's Revenue for the three months ended in Jan. 2024 was C$4.81 Mil. Therefore, Progressive Planet Solutions's pretax margin for the quarter that ended in Jan. 2024 was 7.00%.

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

TSXV:PLAN' s Pretax Margin % Range Over the Past 10 Years
Min: -88.73 Med: -47.65 Max: -3.42
Current: -3.42

TSXV:PLAN's Pretax Margin % is ranked worse than
55.47% of 860 companies
in the Metals & Mining industry
Industry Median: 0.585 vs TSXV:PLAN: -3.42

Progressive Planet Solutions Pretax Margin % Historical Data

The historical data trend for Progressive Planet Solutions'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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Progressive Planet Solutions Pretax Margin % Chart

Progressive Planet Solutions Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Pretax Margin %

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-88.73

-6.57

Progressive Planet Solutions Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Pretax Margin %	Get a 7-Day Free Trial															-10.17	-6.98	-10.03	-3.46	7.00

Competitive Comparison of Progressive Planet Solutions's Pretax Margin %

For the Other Industrial Metals & Mining subindustry, Progressive Planet Solutions'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.

Progressive Planet Solutions's Pretax Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Progressive Planet Solutions's Pretax Margin % falls into.

Progressive Planet Solutions 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.

Progressive Planet Solutions's Pretax Margin for the fiscal year that ended in Apr. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Apr. 2023 )	/	Revenue (A: Apr. 2023 )
	=	-1.284	/	19.543
	=	-6.57 %

Progressive Planet Solutions's Pretax Margin for the quarter that ended in Jan. 2024 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	0.337	/	4.813
	=	7.00 %

Progressive Planet Solutions (TSXV:PLAN) 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.

Progressive Planet Solutions Pretax Margin % Related Terms

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Progressive Planet Solutions (TSXV:PLAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Progressive Planet Solutions Inc (TSXV:PLAN) » Definitions » Pretax Margin %

Comparable Companies

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ASHXF:USA ARB3:Germany

Address

724 East Sarcee Street, Kamloops, BC, CAN, V2H 1E7

Website

https://www.progressiveplanet.ca

Progressive Planet Solutions Inc is a leader in supplying solutions for a livable planet by developing low-carbon, pozzolan-based, cementing products that replace equivalent amounts of Portland Cement and fly ash in concrete. Progressive Planet operates its flagship Z1 Natural Pozzolan Quarry in Cache Creek, British Columbia, and is earning a 100% interest in the Z2 Natural Pozzolan Property near Falkland, BC, and earning a 100% interest in the Heffley Creek Metals and Natural Pozzolan Property. All three properties are within a one-hour drive of Kamloops, BC, an industrial hub with rail access to Canadian and U.S. markets.

Executives