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Future FinTech Group (LTS:0A8H) Pretax Margin % : -77.47% (As of Mar. 2024)


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What is Future FinTech Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Future FinTech Group's Pre-Tax Income for the three months ended in Mar. 2024 was $-3.97 Mil. Future FinTech Group's Revenue for the three months ended in Mar. 2024 was $5.12 Mil. Therefore, Future FinTech Group's pretax margin for the quarter that ended in Mar. 2024 was -77.47%.

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

LTS:0A8H' s Pretax Margin % Range Over the Past 10 Years
Min: -21344.43   Med: -77.58   Max: 13.08
Current: -98.78


LTS:0A8H's Pretax Margin % is ranked worse than
88.45% of 2770 companies
in the Software industry
Industry Median: 2.375 vs LTS:0A8H: -98.78

Future FinTech Group Pretax Margin % Historical Data

The historical data trend for Future FinTech Group'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.

Future FinTech Group Pretax Margin % Chart

Future FinTech Group 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 -1,180.66 -8,204.88 -46.88 -56.50 -98.66

Future FinTech Group 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 -62.81 -42.19 -10.27 -719.67 -77.47

Competitive Comparison of Future FinTech Group's Pretax Margin %

For the Software - Application subindustry, Future FinTech Group'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.


Future FinTech Group's Pretax Margin % Distribution in the Software Industry

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

* The bar in red indicates where Future FinTech Group's Pretax Margin % falls into.



Future FinTech Group 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.

Future FinTech Group'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 )
=-34.4/34.866
=-98.66 %

Future FinTech Group'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 )
=-3.969/5.123
=-77.47 %

* 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.


Future FinTech Group  (LTS:0A8H) 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.


Future FinTech Group Pretax Margin % Related Terms

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Future FinTech Group (LTS:0A8H) Business Description

Traded in Other Exchanges
Address
Americas Tower, 1177 Avenue of The Americas, Suite 5100, New York, NY, USA, 10036
Future FinTech Group Inc is engaged in the financial technology business. The company engages in the operation of a blockchain-based online shared shopping mall platform and also operates an incubator for application projects using blockchain technology. Future FinTech and its subsidiaries are developing blockchain technology for a variety of B2B and B2C real-life applications.

Future FinTech Group (LTS:0A8H) Headlines

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