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ACE Convergence Acquisition (ACE Convergence Acquisition) Pretax Margin % : % (As of Sep. 2022)


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What is ACE Convergence Acquisition Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. ACE Convergence Acquisition's Pre-Tax Income for the three months ended in Sep. 2022 was $-8.64 Mil. ACE Convergence Acquisition's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Therefore, ACE Convergence Acquisition's pretax margin for the quarter that ended in Sep. 2022 was %.

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


ACEV's Pretax Margin % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 4.43
* Ranked among companies with meaningful Pretax Margin % only.

ACE Convergence Acquisition Pretax Margin % Historical Data

The historical data trend for ACE Convergence Acquisition'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.

ACE Convergence Acquisition Pretax Margin % Chart

ACE Convergence Acquisition Annual Data
Trend Dec20 Dec21
Pretax Margin %
- -

ACE Convergence Acquisition Quarterly Data
May20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of ACE Convergence Acquisition's Pretax Margin %

For the Shell Companies subindustry, ACE Convergence Acquisition'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.


ACE Convergence Acquisition's Pretax Margin % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, ACE Convergence Acquisition's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where ACE Convergence Acquisition's Pretax Margin % falls into.



ACE Convergence Acquisition 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.

ACE Convergence Acquisition's Pretax Margin for the fiscal year that ended in Dec. 2021 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2021 )/Revenue (A: Dec. 2021 )
=5.847/0
= %

ACE Convergence Acquisition's Pretax Margin for the quarter that ended in Sep. 2022 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2022 )/Revenue (Q: Sep. 2022 )
=-8.637/0
= %

* 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.


ACE Convergence Acquisition  (NAS:ACEV) 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.


ACE Convergence Acquisition Pretax Margin % Related Terms

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ACE Convergence Acquisition (ACE Convergence Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1013 Centre Road, Suite 403S, Wilmington, DE, USA, 19805
Website
ACE Convergence Acquisition Corp is a blank check company.
Executives
Ace So5 Holdings Ltd 10 percent owner 8 MARINA VIEW, ASIA SQUARE TOWER 1, #43-01, SINGAPORE U0 018960
Ace Equity Partners Llc 10 percent owner 1013 CENTRE ROAD, SUITE 4035, WILINGTON DE 19805
Ace Equity Partners International Pte Ltd. 10 percent owner 1013 CENTRE ROAD, SUITE 4035, WILINGTON DE 19805
David Young Ko 10 percent owner 1013 CENTRE ROAD, SUITE 4035, WILINGTON DE 19805
Highbridge Capital Management Llc 10 percent owner 277 PARK AVE, 23RD FLOOR, NEW YORK NY 10172
Omid Tahernia director 2100 LOGIC DRIVE, SAN JOSE CA 95124
Kenneth Klein director 700 SAGINAW DRIVE, REDWOOD CITY CA 94063
Behrooz L. Abdi director, officer: Chief Executive Officer 1875 CHARLESTON ROAD, MOUNTAIN VIEW CA 94043
Ryan A Benton director 48720 KATO ROAD, FREMONT CA 94538
Ace Convergence Acquisition Llc director, 10 percent owner 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805
Raquel Chmielewski director C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805
Minyoung Park officer: Chief Financial Officer C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805
Sunny Siu director, officer: President C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805
Denis Tse director, officer: Secretary C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805

ACE Convergence Acquisition (ACE Convergence Acquisition) Headlines