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Vitura Health (ASX:VIT) Pretax Margin % : 7.77% (As of Dec. 2023)


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What is Vitura Health Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Vitura Health's Pre-Tax Income for the six months ended in Dec. 2023 was A$4.7 Mil. Vitura Health's Revenue for the six months ended in Dec. 2023 was A$60.0 Mil. Therefore, Vitura Health's pretax margin for the quarter that ended in Dec. 2023 was 7.77%.

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

ASX:VIT' s Pretax Margin % Range Over the Past 10 Years
Min: -3217.74   Med: -116.94   Max: 17.09
Current: 11.27


ASX:VIT's Pretax Margin % is ranked better than
66.57% of 1020 companies
in the Drug Manufacturers industry
Industry Median: 4.33 vs ASX:VIT: 11.27

Vitura Health Pretax Margin % Historical Data

The historical data trend for Vitura Health'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.

Vitura Health Pretax Margin % Chart

Vitura Health Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Pretax Margin %
- -3,217.74 -248.43 14.55 17.09

Vitura Health Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only 17.87 12.25 19.47 14.79 7.77

Competitive Comparison of Vitura Health's Pretax Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Vitura Health'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.


Vitura Health's Pretax Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Vitura Health's Pretax Margin % distribution charts can be found below:

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



Vitura Health 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.

Vitura Health'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 )
=20.054/117.344
=17.09 %

Vitura Health'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 )
=4.659/59.974
=7.77 %

* 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.


Vitura Health  (ASX:VIT) 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.


Vitura Health Pretax Margin % Related Terms

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Vitura Health (ASX:VIT) Business Description

Traded in Other Exchanges
Address
299 Toorak Road, Suite 8, Level 3, South Yarra, VIC, AUS, 3141
Vitura Health Ltd is focused on creating medicinal cannabis products and digital health solutions that connect and strengthen the ecosystem between patients, prescribers, pharmacists, and suppliers. The company has three business segments namely, the Medical segment, which involves the sale of medicinal cannabis products; the Clinics segment, which involves the operation of medicinal cannabis clinics; and the Consumer segment, which involves the sale of consumer (non-medical) products in Australia and previously in Asia. The company generates the majority of its revenue from the Medical segment. Geographically the company generates the majority of its revenue from Australia.

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