GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » WAM Alternative Assets Ltd (ASX:WMA) » Definitions » Pretax Margin %

WAM Alternative Assets (ASX:WMA) Pretax Margin % : -18.78% (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is WAM Alternative Assets Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. WAM Alternative Assets's Pre-Tax Income for the six months ended in Dec. 2023 was A$-0.23 Mil. WAM Alternative Assets's Revenue for the six months ended in Dec. 2023 was A$1.24 Mil. Therefore, WAM Alternative Assets's pretax margin for the quarter that ended in Dec. 2023 was -18.78%.

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

ASX:WMA' s Pretax Margin % Range Over the Past 10 Years
Min: 48.77   Med: 83.97   Max: 115.17
Current: 48.77


ASX:WMA's Pretax Margin % is ranked worse than
67.09% of 1668 companies
in the Asset Management industry
Industry Median: 90.52 vs ASX:WMA: 48.77

WAM Alternative Assets Pretax Margin % Historical Data

The historical data trend for WAM Alternative Assets'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.

WAM Alternative Assets Pretax Margin % Chart

WAM Alternative Assets Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.63 60.28 86.89 87.34 77.39

WAM Alternative Assets Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 96.65 74.13 88.19 62.13 -18.78

Competitive Comparison of WAM Alternative Assets's Pretax Margin %

For the Asset Management subindustry, WAM Alternative Assets'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.


WAM Alternative Assets's Pretax Margin % Distribution in the Asset Management Industry

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

* The bar in red indicates where WAM Alternative Assets's Pretax Margin % falls into.



WAM Alternative Assets 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.

WAM Alternative Assets's Pretax Margin for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=11.713/15.136
=77.39 %

WAM Alternative Assets'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 )
=-0.233/1.241
=-18.78 %

* 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.


WAM Alternative Assets  (ASX:WMA) 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.


WAM Alternative Assets Pretax Margin % Related Terms

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


WAM Alternative Assets (ASX:WMA) Business Description

Traded in Other Exchanges
N/A
Address
Governor Phillip Tower, Level 26, 1 Farrer Place, Sydney, NSW, AUS, 4000
WAM Alternative Assets Ltd is engaged in investing in a diversified portfolio of alternative assets. The Fund invests in real assets, private equity, infrastructure, real estate, and private debt strategies. The Fund's investment objective is to deliver absolute returns through a combination of dividend yield and capital growth; and provide diversification benefits.

WAM Alternative Assets (ASX:WMA) Headlines

No Headlines