African Agriculture Holdings (African Agriculture Holdings) Pretax Margin % : -3,670.72% (As of Mar. 2024)

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What is African Agriculture Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. African Agriculture Holdings's Pre-Tax Income for the three months ended in Mar. 2024 was $-12.66 Mil. African Agriculture Holdings's Revenue for the three months ended in Mar. 2024 was $0.35 Mil. Therefore, African Agriculture Holdings's pretax margin for the quarter that ended in Mar. 2024 was -3,670.72%.

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

AAGR' s Pretax Margin % Range Over the Past 10 Years
Min: -3866.42 Med: -3118.19 Max: -2322.74
Current: -2322.74

AAGR's Pretax Margin % is ranked worse than
99.25% of 1859 companies
in the Consumer Packaged Goods industry
Industry Median: 4.24 vs AAGR: -2322.74

African Agriculture Holdings Pretax Margin % Historical Data

The historical data trend for African Agriculture 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.

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African Agriculture Holdings Pretax Margin % Chart

African Agriculture Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Pretax Margin %

-3,866.42

-2,369.95

African Agriculture Holdings Quarterly Data
	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Pretax Margin %	Get a 7-Day Free Trial				-2,314.22	-1,714.47	-2,056.31	-	-3,670.72

Competitive Comparison of African Agriculture Holdings's Pretax Margin %

For the Farm Products subindustry, African Agriculture 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.

African Agriculture Holdings's Pretax Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, African Agriculture Holdings's Pretax Margin % distribution charts can be found below:

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

African Agriculture 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.

African Agriculture 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 )
	=	-43.062	/	1.817
	=	-2,369.95 %

African Agriculture Holdings'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 )
	=	-12.664	/	0.345
	=	-3,670.72 %

African Agriculture Holdings (NAS:AAGR) 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.

African Agriculture Holdings Pretax Margin % Related Terms

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African Agriculture Holdings (African Agriculture Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » African Agriculture Holdings Inc (NAS:AAGR) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

445 Park Avenue, Ninth Floor, New York, NY, USA, 10022

Website

African Agriculture Holdings Inc is a holding company that operates principally through its wholly-owned subsidiary, which is developing the company's initial commercial farming business based in northern Senegal focusing on the production and sale of alfalfa for cattle feed and nutrition purposes. The company will sell alfalfa to owners and suppliers of cattle for feed and nutritional purposes, primarily in Senegal and the surrounding regions in Africa, the Economic Community of West African States (ECOWAS) region and the Middle East.