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Africa Opportunity Fund (LSE:AOF) Pretax Margin % : 117.61% (As of Dec. 2023)


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What is Africa Opportunity Fund Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Africa Opportunity Fund's Pre-Tax Income for the six months ended in Dec. 2023 was $-1.20 Mil. Africa Opportunity Fund's Revenue for the six months ended in Dec. 2023 was $-1.02 Mil. Therefore, Africa Opportunity Fund's pretax margin for the quarter that ended in Dec. 2023 was 117.61%.

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

LSE:AOF' s Pretax Margin % Range Over the Past 10 Years
Min: 55.49   Med: 114.93   Max: 773.08
Current: 123.92


LSE:AOF's Pretax Margin % is ranked better than
89.96% of 1664 companies
in the Asset Management industry
Industry Median: 91.01 vs LSE:AOF: 123.92

Africa Opportunity Fund Pretax Margin % Historical Data

The historical data trend for Africa Opportunity Fund'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.

Africa Opportunity Fund Pretax Margin % Chart

Africa Opportunity Fund Annual Data
Trend Dec12 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 118.22 773.08 96.96 117.33 123.92

Africa Opportunity Fund Semi-Annual Data
Jun12 Dec12 Jun13 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 89.28 115.08 119.68 142.82 117.61

Competitive Comparison of Africa Opportunity Fund's Pretax Margin %

For the Asset Management subindustry, Africa Opportunity Fund'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.


Africa Opportunity Fund's Pretax Margin % Distribution in the Asset Management Industry

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

* The bar in red indicates where Africa Opportunity Fund's Pretax Margin % falls into.



Africa Opportunity Fund 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.

Africa Opportunity Fund'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 )
=-1.689/-1.363
=123.92 %

Africa Opportunity Fund'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 )
=-1.202/-1.022
=117.61 %

* 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.


Africa Opportunity Fund  (LSE:AOF) 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.


Africa Opportunity Fund Pretax Margin % Related Terms

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Africa Opportunity Fund (LSE:AOF) Business Description

Traded in Other Exchanges
N/A
Address
South Church Street, P.O. Box 309, George Town, Ugland House, Grand Cayman, CYM
Africa Opportunity Fund Ltd operates in United Kingdom's financial service sector and is a closed-end investment company formed with the objective of achieving capital growth and income through investments in value, arbitrage, and special situations opportunities derived from the continent of Africa. The Company is organized into one main operating segment, which invests in equity securities, debt instruments, and relative derivatives. All of the Company's activities are interrelated, and each activity is dependent on the others.

Africa Opportunity Fund (LSE:AOF) Headlines

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