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Looking Glass Labs (AQSE:NFTX) Pretax Margin % : 77.23% (As of Jan. 2024)


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What is Looking Glass Labs Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Looking Glass Labs's Pre-Tax Income for the three months ended in Jan. 2024 was £0.30 Mil. Looking Glass Labs's Revenue for the three months ended in Jan. 2024 was £0.38 Mil. Therefore, Looking Glass Labs's pretax margin for the quarter that ended in Jan. 2024 was 77.23%.

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

AQSE:NFTX' s Pretax Margin % Range Over the Past 10 Years
Min: -1890.69   Med: -1037.75   Max: -184.81
Current: -191.65


AQSE:NFTX's Pretax Margin % is ranked worse than
92.29% of 2764 companies
in the Software industry
Industry Median: 2.34 vs AQSE:NFTX: -191.65

Looking Glass Labs Pretax Margin % Historical Data

The historical data trend for Looking Glass Labs'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.

Looking Glass Labs Pretax Margin % Chart

Looking Glass Labs Annual Data
Trend Jul20 Jul21 Jul22 Jul23
Pretax Margin %
- - -184.81 -1,889.35

Looking Glass Labs Quarterly Data
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 -8,250.00 - -303.07 45.38 77.23

Competitive Comparison of Looking Glass Labs's Pretax Margin %

For the Software - Infrastructure subindustry, Looking Glass Labs'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.


Looking Glass Labs's Pretax Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Looking Glass Labs's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Looking Glass Labs's Pretax Margin % falls into.



Looking Glass Labs 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.

Looking Glass Labs's Pretax Margin for the fiscal year that ended in Jul. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jul. 2023 )/Revenue (A: Jul. 2023 )
=-7.274/0.385
=-1,889.35 %

Looking Glass Labs'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 )
=0.295/0.382
=77.23 %

* 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.


Looking Glass Labs  (AQSE:NFTX) 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.


Looking Glass Labs Pretax Margin % Related Terms

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Looking Glass Labs (AQSE:NFTX) Business Description

Traded in Other Exchanges
Address
1890-1075 West Georgia Street, Vancouver, BC, CAN, V6E 3C9
Looking Glass Labs Ltd is a digital agency for the Metaverse. It partners with and supports NFT collections to earn revenues from drops and royalties from secondary market re-sales. It provides services which include NFT Marketing, Partnerships & Collaborations, Development & Minting Services, Community Growth & Moderation, Brand Design & Management, Smart Contracts, Legal Services, and Metaverse Integration. The company operates within two geographic areas, Canada and Vietnam and has one operating segment which is the design, development, and sale of exclusive Non-Fungible Tokens (NFTs). It earns majority of its revenue from its operations in Canada.

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