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VentriPoint Diagnostics (TSXV:VPT) Pretax Margin % : -3,017.07% (As of Dec. 2023)


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What is VentriPoint Diagnostics Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. VentriPoint Diagnostics's Pre-Tax Income for the three months ended in Dec. 2023 was C$-1.24 Mil. VentriPoint Diagnostics's Revenue for the three months ended in Dec. 2023 was C$0.04 Mil. Therefore, VentriPoint Diagnostics's pretax margin for the quarter that ended in Dec. 2023 was -3,017.07%.

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

TSXV:VPT' s Pretax Margin % Range Over the Past 10 Years
Min: -9942.86   Med: -4102.47   Max: -1255.5
Current: -9940.82


TSXV:VPT's Pretax Margin % is ranked worse than
97.56% of 818 companies
in the Medical Devices & Instruments industry
Industry Median: -0.745 vs TSXV:VPT: -9940.82

VentriPoint Diagnostics Pretax Margin % Historical Data

The historical data trend for VentriPoint Diagnostics'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.

VentriPoint Diagnostics Pretax Margin % Chart

VentriPoint Diagnostics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4,102.47 -5,141.67 - -7,166.18 -9,942.86

VentriPoint Diagnostics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 -3,942.86 -33,625.00 -27,875.00 - -3,017.07

Competitive Comparison of VentriPoint Diagnostics's Pretax Margin %

For the Medical Devices subindustry, VentriPoint Diagnostics'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.


VentriPoint Diagnostics's Pretax Margin % Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where VentriPoint Diagnostics's Pretax Margin % falls into.



VentriPoint Diagnostics 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.

VentriPoint Diagnostics'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 )
=-4.872/0.049
=-9,942.86 %

VentriPoint Diagnostics'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 )
=-1.237/0.041
=-3,017.07 %

* 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.


VentriPoint Diagnostics  (TSXV:VPT) 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.


VentriPoint Diagnostics Pretax Margin % Related Terms

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VentriPoint Diagnostics (TSXV:VPT) Business Description

Traded in Other Exchanges
Address
18 Hook Avenue, Unit 101, Toronto, ON, CAN, M6P 1T4
VentriPoint Diagnostics Ltd is a medical device company engaged in the development and commercialization of diagnostic tools that monitor patients with heart disease. It develops applications for heart diseases and imaging modalities which includes congenital heart disease, left or right heart failure, and normal hearts. It sells its products in Canada and internationally.
Executives
Robert Hodgkinson Director

VentriPoint Diagnostics (TSXV:VPT) Headlines

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