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TechFinancials (AQSE:TECH) Pretax Margin % : % (As of Jun. 2023)


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What is TechFinancials Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. TechFinancials's Pre-Tax Income for the six months ended in Jun. 2023 was £-0.06 Mil. TechFinancials's Revenue for the six months ended in Jun. 2023 was £0.00 Mil. Therefore, TechFinancials's pretax margin for the quarter that ended in Jun. 2023 was %.

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


AQSE:TECH's Pretax Margin % is not ranked *
in the Asset Management industry.
Industry Median: 90.98
* Ranked among companies with meaningful Pretax Margin % only.

TechFinancials Pretax Margin % Historical Data

The historical data trend for TechFinancials'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.

TechFinancials Pretax Margin % Chart

TechFinancials Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -63.81 -182.09 61.39 - -

TechFinancials Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - - - - -

Competitive Comparison of TechFinancials's Pretax Margin %

For the Asset Management subindustry, TechFinancials'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.


TechFinancials's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, TechFinancials's Pretax Margin % distribution charts can be found below:

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



TechFinancials 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.

TechFinancials's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=-0.221/0
= %

TechFinancials's Pretax Margin for the quarter that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=-0.058/0
= %

* 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.


TechFinancials  (AQSE:TECH) 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.


TechFinancials Pretax Margin % Related Terms

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TechFinancials (AQSE:TECH) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Craigmuir Chambers, P.O. Box 71, Tortola, Road Town, VGB, VG1110
TechFinancials Inc invests in technology related business, including artificial intelligence and machine learning and blockchain-based digitisation of assets. The Company's principle investment, RenewSenses using artificial intelligence, develops a wearable device to help people with visual impairment.

TechFinancials (AQSE:TECH) Headlines

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