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HitIQ (ASX:HIQ) Pretax Margin % : -247.69% (As of Jun. 2024)


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What is HitIQ Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. HitIQ's Pre-Tax Income for the six months ended in Jun. 2024 was A$-1.66 Mil. HitIQ's Revenue for the six months ended in Jun. 2024 was A$0.67 Mil. Therefore, HitIQ's pretax margin for the quarter that ended in Jun. 2024 was -247.69%.

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

ASX:HIQ' s Pretax Margin % Range Over the Past 10 Years
Min: -1243.98   Med: -886.54   Max: -285.31
Current: -285.31


ASX:HIQ's Pretax Margin % is ranked worse than
94.29% of 666 companies
in the Healthcare Providers & Services industry
Industry Median: 2.82 vs ASX:HIQ: -285.31

HitIQ Pretax Margin % Historical Data

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

HitIQ Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Pretax Margin %
-1,243.98 -1,122.29 -650.78 -285.40

HitIQ Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Pretax Margin % Get a 7-Day Free Trial -840.00 -573.12 -693.15 -341.15 -247.69

Competitive Comparison of HitIQ's Pretax Margin %

For the Health Information Services subindustry, HitIQ'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.


HitIQ's Pretax Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, HitIQ's Pretax Margin % distribution charts can be found below:

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



HitIQ 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.

HitIQ's Pretax Margin for the fiscal year that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2024 )/Revenue (A: Jun. 2024 )
=-3.205/1.123
=-285.40 %

HitIQ's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=-1.662/0.671
=-247.69 %

* 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.


HitIQ  (ASX:HIQ) 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.


HitIQ Pretax Margin % Related Terms

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HitIQ Business Description

Traded in Other Exchanges
N/A
Address
38-42 White Street, Unit 4, South Melbourne, Melbourne, VIC, AUS, 3205
HitIQ Ltd is engaged in providing software that delivers a platform for measuring and managing head impact exposures. The Portal allows users to quantify exposures across individual players, positions, drills and periods. These insights are used to identify, manage and manipulate contact drills to reduce head impact exposures. Its operating segment includes HITIQ Mouthguard Technology and CSX Concussion Assessment App. The company generates maximum revenue from the HITIQ Mouthguard Technology segment.

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