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Netwealth Group (ASX:NWL) Pretax Margin % : 48.24% (As of Dec. 2023)


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What is Netwealth Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Netwealth Group's Pre-Tax Income for the six months ended in Dec. 2023 was A$56.8 Mil. Netwealth Group's Revenue for the six months ended in Dec. 2023 was A$117.8 Mil. Therefore, Netwealth Group's pretax margin for the quarter that ended in Dec. 2023 was 48.24%.

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

ASX:NWL' s Pretax Margin % Range Over the Past 10 Years
Min: 35.83   Med: 49.78   Max: 54.39
Current: 47.72


ASX:NWL's Pretax Margin % is ranked better than
77.99% of 777 companies
in the Capital Markets industry
Industry Median: 18.06 vs ASX:NWL: 47.72

Netwealth Group Pretax Margin % Historical Data

The historical data trend for Netwealth Group'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.

Netwealth Group Pretax Margin % Chart

Netwealth Group Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Pretax Margin %
Get a 7-Day Free Trial 51.97 51.71 54.39 47.84 45.87

Netwealth Group Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48.05 47.64 44.42 47.17 48.24

Competitive Comparison of Netwealth Group's Pretax Margin %

For the Capital Markets subindustry, Netwealth Group'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.


Netwealth Group's Pretax Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Netwealth Group's Pretax Margin % distribution charts can be found below:

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



Netwealth Group 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.

Netwealth Group'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 )
=97.014/211.49
=45.87 %

Netwealth Group'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 )
=56.847/117.849
=48.24 %

* 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.


Netwealth Group  (ASX:NWL) 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.


Netwealth Group Pretax Margin % Related Terms

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Netwealth Group (ASX:NWL) Business Description

Traded in Other Exchanges
N/A
Address
180 Flinders Street, Level 6, Melbourne, VIC, AUS, 3000
Netwealth provides cloud-based investment administration software as a service, or SaaS, in Australia via its proprietary platform. Netwealth's platform provides portfolio administration, investment management tools, and investment and managed account services to financial intermediaries and directly to clients. The company charges SaaS fees based on funds under administration and management on its platform. Netwealth also offers Netwealth-branded investment products on its platform which are managed by third-party investment managers.