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Openn Negotiation (ASX:OPN) Pretax Margin % : -685.15% (As of Dec. 2023)


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What is Openn Negotiation Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Openn Negotiation's Pre-Tax Income for the six months ended in Dec. 2023 was A$-2.08 Mil. Openn Negotiation's Revenue for the six months ended in Dec. 2023 was A$0.30 Mil. Therefore, Openn Negotiation's pretax margin for the quarter that ended in Dec. 2023 was -685.15%.

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

ASX:OPN' s Pretax Margin % Range Over the Past 10 Years
Min: -1623.13   Med: -681.75   Max: -681.75
Current: -1623.13


ASX:OPN's Pretax Margin % is ranked worse than
98.93% of 1779 companies
in the Real Estate industry
Industry Median: 8.64 vs ASX:OPN: -1623.13

Openn Negotiation Pretax Margin % Historical Data

The historical data trend for Openn Negotiation'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.

Openn Negotiation Pretax Margin % Chart

Openn Negotiation Annual Data
Trend Jun22
Pretax Margin %
-681.75

Openn Negotiation Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Pretax Margin % Get a 7-Day Free Trial -497.87 -911.09 -1,681.60 -2,620.35 -685.15

Competitive Comparison of Openn Negotiation's Pretax Margin %

For the Real Estate Services subindustry, Openn Negotiation'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.


Openn Negotiation's Pretax Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Openn Negotiation's Pretax Margin % distribution charts can be found below:

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



Openn Negotiation 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.

Openn Negotiation's Pretax Margin for the fiscal year that ended in Jun. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2022 )/Revenue (A: Jun. 2022 )
=-8.031/1.178
=-681.75 %

Openn Negotiation'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 )
=-2.076/0.303
=-685.15 %

* 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.


Openn Negotiation  (ASX:OPN) 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.


Openn Negotiation Pretax Margin % Related Terms

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Openn Negotiation (ASX:OPN) Business Description

Traded in Other Exchanges
N/A
Address
4 Stirling Road, Level 1, PO Box 896, Claremont, WA, AUS, 6910
Openn Negotiation Ltd operates a property technology business providing a proprietary cloud-based software platform to support real estate agents in selling property online with greater transparency. Its revenues are majorly driven by the number of agents certified to use the Openn platform and the number of properties uploaded for sale through the Openn platform each month. Geographically company derives key revenue from Australia and includes The USA.

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