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Mig Holdings (Mig Holdings) Pretax Margin % : -21.18% (As of Dec. 2023)


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What is Mig Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Mig Holdings's Pre-Tax Income for the six months ended in Dec. 2023 was $-0.93 Mil. Mig Holdings's Revenue for the six months ended in Dec. 2023 was $4.39 Mil. Therefore, Mig Holdings's pretax margin for the quarter that ended in Dec. 2023 was -21.18%.

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

MRFGF' s Pretax Margin % Range Over the Past 10 Years
Min: -310.24   Med: -9.35   Max: 50.8
Current: 50.8


MRFGF's Pretax Margin % is ranked better than
86.1% of 1777 companies
in the Real Estate industry
Industry Median: 8.69 vs MRFGF: 50.80

Mig Holdings Pretax Margin % Historical Data

The historical data trend for Mig Holdings'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.

Mig Holdings Pretax Margin % Chart

Mig Holdings 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 -3.38 -32.14 -99.11 -310.26 50.80

Mig Holdings Semi-Annual Data
Jun14 Dec14 Jun15 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 -2.34 -145.65 -480.83 126.12 -21.18

Competitive Comparison of Mig Holdings's Pretax Margin %

For the Real Estate Services subindustry, Mig Holdings'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.


Mig Holdings's Pretax Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mig Holdings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Mig Holdings's Pretax Margin % falls into.



Mig Holdings 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.

Mig Holdings'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 )
=4.359/8.58
=50.80 %

Mig Holdings'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 )
=-0.929/4.387
=-21.18 %

* 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.


Mig Holdings  (OTCPK:MRFGF) 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.


Mig Holdings Pretax Margin % Related Terms

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Mig Holdings (Mig Holdings) Business Description

Traded in Other Exchanges
Address
El. Venizelou 10, Athens, GRC, 106 71
Mig Holdings SA is an investment holding company. Through its subsidiaries, the company operates its business in various segments which include Transportation, Financial Services, Real Estate, and Others. The majority of the company's revenues are generated through the Real Estate segment. This activity consists of the purchase of real estate and exercising ownership of that real estate. Geographically, it operates in Greece, European Countries, and Other countries, out of which the majority is from European countries.

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