Airtasker (ASX:ART) Pretax Margin % : -1.25% (As of Dec. 2023)

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What is Airtasker Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Airtasker's Pre-Tax Income for the six months ended in Dec. 2023 was A$-0.29 Mil. Airtasker's Revenue for the six months ended in Dec. 2023 was A$23.32 Mil. Therefore, Airtasker's pretax margin for the quarter that ended in Dec. 2023 was -1.25%.

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

ASX:ART' s Pretax Margin % Range Over the Past 10 Years
Min: -65.28 Med: -36.54 Max: -11.91
Current: -11.91

ASX:ART's Pretax Margin % is ranked worse than
61.55% of 580 companies
in the Interactive Media industry
Industry Median: -0.9 vs ASX:ART: -11.91

Airtasker Pretax Margin % Historical Data

The historical data trend for Airtasker'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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Airtasker Pretax Margin % Chart

Airtasker Annual Data

Trend

Jun21

Jun22

Jun23

Pretax Margin %

-36.54

-65.28

-29.25

Airtasker Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Pretax Margin %	Get a 7-Day Free Trial			-38.80	-86.29	-35.59	-23.04	-1.25

Competitive Comparison of Airtasker's Pretax Margin %

For the Internet Content & Information subindustry, Airtasker'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.

Airtasker's Pretax Margin % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Airtasker's Pretax Margin % distribution charts can be found below:

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

Airtasker 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.

Airtasker's Pretax Margin for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	-12.918	/	44.171
	=	-29.25 %

Airtasker'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 )
	=	-0.291	/	23.322
	=	-1.25 %

Airtasker (ASX:ART) 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.

Airtasker Pretax Margin % Related Terms

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Airtasker (ASX:ART) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Airtasker Ltd (ASX:ART) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

24-28 Campbell Street, Level 6, Haymarket, NSW, AUS, 2000

Website

https://www.airtasker.com

Airtasker Ltd is a community platform that connects people who need to outsource tasks and find local services, with people who are looking to earn money and ready to work. It helps to complete home cleaning, handyman jobs, admin work, photography, graphic design or even build a website. The company generates revenue from service fees and stored value brokerage.

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