SpacetalkASX:SPA +34.41%13 Pretax Margin % is -59.49% as of Dec. 2025. GuruFocus rates ASX:SPA with a GF Score™ of 13/100 and a GF Value™ of A$0.09 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 368 Telecommunication Services companies, Spacetalk ranks worse than 93.75% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Spacetalk's Pre-Tax Income for the
six
months ended in Dec. 2025 was A$-5.51 Mil. Spacetalk's Revenue for the
six
months ended in Dec. 2025 was A$9.26 Mil. Therefore, Spacetalk's pretax margin for the quarter that ended in Dec. 2025 was -59.49%.
The historical rank and industry rank for Spacetalk's Pretax Margin % or its related term are showing as below:
ASX:SPA'
s Pretax Margin % Range Over the Past 10 Years
Min: -82.19 Med: -35.94 Max: 36.1
Current: -48.8
ASX:SPA's Pretax Margin % is ranked worse than 93.75% of 368
companies
in the Telecommunication Services industry
Industry Median: 7.64
vs ASX:SPA: -48.80
Spacetalk (ASX:SPA) 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.
Spacetalk Pretax Margin % Related Terms
Spacetalk Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Spacetalk'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.
ASX:SPA vs TMUS, VZ, T: Pretax Margin % Comparison
For the Telecom Services subindustry, Spacetalk'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.
Spacetalk Pretax Margin % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Spacetalk's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Spacetalk's Pretax Margin % falls into.
* 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.
Spacetalk (ASX:SPA) has a Pretax Margin % of -59.49% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Spacetalk and its competitors. According to the industry distribution chart, Spacetalk ranks #345 out of 368 companies in the Telecommunication Services industry, placing it in the top 93.7%.
Is Spacetalk's Pretax Margin % too high?
Spacetalk's current Pretax Margin % is -59.49%. Based on the distribution chart, Spacetalk ranks #345 out of 368 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Spacetalk has a GF Score™ of 13/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Spacetalk's Pretax Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Spacetalk ranks #345 out of 368 companies for Pretax Margin %. This places Spacetalk in the lower half of its industry. The industry median Pretax Margin % is 7.64. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Telecommunication Services company?
The median Pretax Margin % among Telecommunication Services companies is 7.64, based on 368 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Spacetalk and its competitors. For the Telecommunication Services industry, the median Pretax Margin % is 7.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spacetalk's current Pretax Margin % is -59.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spacetalk stock overvalued right now?
Based on GuruFocus' analysis, Spacetalk (ASX:SPA) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.09, compared to a current price of A$0.13 — trading 38.9% above its estimated fair value. The current Pretax Margin % is -59.49%. Spacetalk's overall GF Score™ is 13/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Spacetalk (ASX:SPA), the current Pretax Margin % is -59.49% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Spacetalk (ASX:SPA) Overvalued in 2026?
Based on GuruFocus' analysis, Spacetalk stock appears to be overvalued.
The current stock price of A$0.13 is trading 38.9% above its estimated GF Value™ of A$0.09.
GuruFocus considers Spacetalk to be Significantly Overvalued.
Key valuation signals for ASX:SPA:
Pretax Margin %: -59.49%
GF Value™: A$0.09 vs. price of A$0.13 (38.9% above fair value)
No single metric tells the full story. See the ASX:SPA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spacetalk Ltd is a technology company designing, developing, and commercialising smartphone and watch wearables devices for children, and software for school communication and student absence management. Its business segments include Device, Schools, Apps, Seniors and MVNO, of which it derives maximum revenue from Devices segment.
13GF Score
Get the complete analysis for ASX:SPA
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:SPA has been successfully added to your 
