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WAM Microcap (ASX:WMI) Pretax Margin % : 87.45% (As of Dec. 2023)


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What is WAM Microcap Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. WAM Microcap's Pre-Tax Income for the six months ended in Dec. 2023 was A$12.61 Mil. WAM Microcap's Revenue for the six months ended in Dec. 2023 was A$14.43 Mil. Therefore, WAM Microcap's pretax margin for the quarter that ended in Dec. 2023 was 87.45%.

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

ASX:WMI' s Pretax Margin % Range Over the Past 10 Years
Min: 79.3   Med: 91.45   Max: 107.86
Current: 87.86


ASX:WMI's Pretax Margin % is ranked worse than
52.87% of 1657 companies
in the Asset Management industry
Industry Median: 90.91 vs ASX:WMI: 87.86

WAM Microcap Pretax Margin % Historical Data

The historical data trend for WAM Microcap'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 Microcap Pretax Margin % Chart

WAM Microcap Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Pretax Margin %
79.30 86.63 96.67 107.86 91.45

WAM Microcap Semi-Annual Data
Dec17 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 94.16 101.58 92.84 88.36 87.45

Competitive Comparison of WAM Microcap's Pretax Margin %

For the Asset Management subindustry, WAM Microcap'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 Microcap's Pretax Margin % Distribution in the Asset Management Industry

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

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



WAM Microcap 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 Microcap'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 )
=35.361/38.666
=91.45 %

WAM Microcap'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 )
=12.614/14.425
=87.45 %

* 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 Microcap  (ASX:WMI) 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 Microcap Pretax Margin % Related Terms

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WAM Microcap (ASX:WMI) Business Description

Traded in Other Exchanges
N/A
Address
Level 26, Governor Phillip Tower, 1 Farrer Place, Sydney, NSW, AUS, 2000
WAM Microcap Ltd is an asset management company based in Australia. The company engages in investing activities, including cash, term deposits and equity investments. The principal activity of the Company is making investments in listed companies. Its investment objectives are to deliver a stream of fully franked dividends; to provide capital growth, and to preserve capital.

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