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Flitways Technology (Flitways Technology) Pretax Margin % : -8,487.50% (As of Mar. 2019)


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What is Flitways Technology Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Flitways Technology's Pre-Tax Income for the three months ended in Mar. 2019 was $-2.04 Mil. Flitways Technology's Revenue for the three months ended in Mar. 2019 was $0.02 Mil. Therefore, Flitways Technology's pretax margin for the quarter that ended in Mar. 2019 was -8,487.50%.

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


FTWS's Pretax Margin % is not ranked *
in the Software industry.
Industry Median: 2.18
* Ranked among companies with meaningful Pretax Margin % only.

Flitways Technology Pretax Margin % Historical Data

The historical data trend for Flitways Technology'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.

Flitways Technology Pretax Margin % Chart

Flitways Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Pretax Margin %
Get a 7-Day Free Trial - -35.61 -596.54 -679.32 -4,738.88

Flitways Technology Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Sep19
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 -527.03 20,318.65 -710.13 -8,487.50 -

Competitive Comparison of Flitways Technology's Pretax Margin %

For the Software - Application subindustry, Flitways Technology'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.


Flitways Technology's Pretax Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Flitways Technology's Pretax Margin % distribution charts can be found below:

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



Flitways Technology 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.

Flitways Technology's Pretax Margin for the fiscal year that ended in Dec. 2018 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2018 )/Revenue (A: Dec. 2018 )
=-57.53/1.214
=-4,738.88 %

Flitways Technology's Pretax Margin for the quarter that ended in Mar. 2019 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2019 )/Revenue (Q: Mar. 2019 )
=-2.037/0.024
=-8,487.50 %

* 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.


Flitways Technology  (OTCPK:FTWS) 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.


Flitways Technology Pretax Margin % Related Terms

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Flitways Technology (Flitways Technology) Business Description

Traded in Other Exchanges
N/A
Address
600 Corporate Pointe, Suite 5500, Culver City, CA, USA, 90230
Flitways Technology Inc is engaged in the business of transportation. Its main mission is to provide both corporate enterprises and their employees and travel resellers and their customers with a complete offering of fully integrated ground transportation solutions for any budget or need. Further, the company has created a software platform to give customers enterprise suite and app-based booking, billing, expense management and real-time monitoring for a simple to use ground transportation offering. It has one operating segment that is on-demand transportation business.

Flitways Technology (Flitways Technology) Headlines