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VIP Entertainment Technologies (TSXV:VIP) Pretax Margin % : -1,342.86% (As of Dec. 2023)


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What is VIP Entertainment Technologies Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. VIP Entertainment Technologies's Pre-Tax Income for the three months ended in Dec. 2023 was C$-0.09 Mil. VIP Entertainment Technologies's Revenue for the three months ended in Dec. 2023 was C$0.01 Mil. Therefore, VIP Entertainment Technologies's pretax margin for the quarter that ended in Dec. 2023 was -1,342.86%.

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

TSXV:VIP' s Pretax Margin % Range Over the Past 10 Years
Min: -479.09   Med: -442.66   Max: -442.66
Current: -479.09


TSXV:VIP's Pretax Margin % is ranked worse than
98.3% of 823 companies
in the Travel & Leisure industry
Industry Median: 6.37 vs TSXV:VIP: -479.09

VIP Entertainment Technologies Pretax Margin % Historical Data

The historical data trend for VIP Entertainment Technologies'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.

VIP Entertainment Technologies Pretax Margin % Chart

VIP Entertainment Technologies Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Dec23
Pretax Margin %
- - - - -442.66

VIP Entertainment Technologies Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 -2,053.51 -14,200.00 -552.46 -367.16 -1,342.86

Competitive Comparison of VIP Entertainment Technologies's Pretax Margin %

For the Gambling subindustry, VIP Entertainment Technologies'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.


VIP Entertainment Technologies's Pretax Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, VIP Entertainment Technologies's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where VIP Entertainment Technologies's Pretax Margin % falls into.



VIP Entertainment Technologies 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.

VIP Entertainment Technologies'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 )
=-1.899/0.429
=-442.66 %

VIP Entertainment Technologies's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-0.094/0.007
=-1,342.86 %

* 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.


VIP Entertainment Technologies  (TSXV:VIP) 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.


VIP Entertainment Technologies Pretax Margin % Related Terms

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VIP Entertainment Technologies (TSXV:VIP) Business Description

Traded in Other Exchanges
Address
500 - 4th Avenue SW, Suite 3200, Calgary, AB, CAN, T2P 2V6
VIP Entertainment Technologies Inc is an entertainment and gaming company offering legal real-money betting on sports, casinos, poker, and esports events in online environments. The Company's principal business activity is the development of online poker and other sports betting products. It delivers sports betting, casino games, and poker through its VIP Bets platform.
Executives
Jennings Theresa 10% Security Holder

VIP Entertainment Technologies (TSXV:VIP) Headlines

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