GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Betsson AB (OTCPK:BTSBF) » Definitions » Pretax Margin %

Betsson AB (Betsson AB) Pretax Margin % : 21.96% (As of Mar. 2024)


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

What is Betsson AB Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Betsson AB's Pre-Tax Income for the three months ended in Mar. 2024 was $59 Mil. Betsson AB's Revenue for the three months ended in Mar. 2024 was $270 Mil. Therefore, Betsson AB's pretax margin for the quarter that ended in Mar. 2024 was 21.96%.

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

BTSBF' s Pretax Margin % Range Over the Past 10 Years
Min: 15.67   Med: 19.21   Max: 26.85
Current: 21.38


BTSBF's Pretax Margin % is ranked better than
83.31% of 821 companies
in the Travel & Leisure industry
Industry Median: 6.39 vs BTSBF: 21.38

Betsson AB Pretax Margin % Historical Data

The historical data trend for Betsson AB'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.

Betsson AB Pretax Margin % Chart

Betsson AB 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 15.67 16.73 17.03 16.03 20.54

Betsson AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 18.43 21.99 21.39 20.21 21.96

Competitive Comparison of Betsson AB's Pretax Margin %

For the Gambling subindustry, Betsson AB'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.


Betsson AB's Pretax Margin % Distribution in the Travel & Leisure Industry

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

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



Betsson AB 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.

Betsson AB'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 )
=212.432/1034.024
=20.54 %

Betsson AB's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=59.239/269.783
=21.96 %

* 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.


Betsson AB  (OTCPK:BTSBF) 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.


Betsson AB Pretax Margin % Related Terms

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


Betsson AB (Betsson AB) Business Description

Traded in Other Exchanges
Address
Regeringsgatan 28, Stockholm, SWE, 111 53
Betsson AB is a holding company that invests in and manages companies operating in the online gaming industry. The products consist of casino and sports betting. The largest category of the casino is slots, i.e. virtual slot machines, followed by the live casino, which provides the player with a virtual, real-life-like casino experience with table games broadcast live from the game provider's studio. Company's approximately 20 brands include either the entire product portfolio, such as Betsson, Betsafe and Nordicbet, or just one product, such as Racebets (betting on horses) and Jalla Casino (casino). The brands' services are offered through the proprietary platform that manages payments, customer information, accounts, transactions and a range of games on offer.

Betsson AB (Betsson AB) Headlines

From GuruFocus

5 Companies Growing Earnings

By Tiziano Frateschi Tiziano Frateschi 09-13-2018