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Solution Financial (TSX:SFI) Pretax Margin % : 0.94% (As of Jan. 2024)


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What is Solution Financial Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Solution Financial's Pre-Tax Income for the three months ended in Jan. 2024 was C$0.03 Mil. Solution Financial's Revenue for the three months ended in Jan. 2024 was C$3.09 Mil. Therefore, Solution Financial's pretax margin for the quarter that ended in Jan. 2024 was 0.94%.

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

TSX:SFI' s Pretax Margin % Range Over the Past 10 Years
Min: -26.83   Med: 4.43   Max: 5.63
Current: 1.1


TSX:SFI's Pretax Margin % is ranked worse than
72% of 1282 companies
in the Vehicles & Parts industry
Industry Median: 4.45 vs TSX:SFI: 1.10

Solution Financial Pretax Margin % Historical Data

The historical data trend for Solution Financial'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.

Solution Financial Pretax Margin % Chart

Solution Financial Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.42 5.53 5.63 5.44 -2.40

Solution Financial Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -8.99 1.50 6.68 -3.76 0.94

Competitive Comparison of Solution Financial's Pretax Margin %

For the Auto & Truck Dealerships subindustry, Solution Financial'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.


Solution Financial's Pretax Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Solution Financial's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Solution Financial's Pretax Margin % falls into.



Solution Financial 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.

Solution Financial's Pretax Margin for the fiscal year that ended in Oct. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Oct. 2023 )/Revenue (A: Oct. 2023 )
=-0.369/15.377
=-2.40 %

Solution Financial's Pretax Margin for the quarter that ended in Jan. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=0.029/3.088
=0.94 %

* 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.


Solution Financial  (TSX:SFI) 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.


Solution Financial Pretax Margin % Related Terms

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Solution Financial (TSX:SFI) Business Description

Traded in Other Exchanges
Address
Unit 137 - 8680 Cambie Road, Richmond, BC, CAN, V6X 4K1
Solution Financial Inc is engaged in retail sales, leases, and financing for high-end automotive vehicles, ultra-luxury vehicles, boats, and commercial equipment. The firm generates the majority of its revenue through the sales and leases of vehicles.
Executives
John Randall Smyth Director

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