Visioneering Technologies (ASX:VTI) Pretax Margin % : -41.41% (As of Dec. 2023)

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What is Visioneering Technologies Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Visioneering Technologies's Pre-Tax Income for the six months ended in Dec. 2023 was A$-2.47 Mil. Visioneering Technologies's Revenue for the six months ended in Dec. 2023 was A$5.98 Mil. Therefore, Visioneering Technologies's pretax margin for the quarter that ended in Dec. 2023 was -41.41%.

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

ASX:VTI' s Pretax Margin % Range Over the Past 10 Years
Min: -1618.88 Med: -180.93 Max: -32.56
Current: -39.76

ASX:VTI's Pretax Margin % is ranked worse than
67.32% of 817 companies
in the Medical Devices & Instruments industry
Industry Median: 0.01 vs ASX:VTI: -39.76

Visioneering Technologies Pretax Margin % Historical Data

The historical data trend for Visioneering Technologies'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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Visioneering Technologies Pretax Margin % Chart

Visioneering Technologies Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

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-220.35

-180.93

-32.56

-80.28

-39.76

Visioneering Technologies Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Pretax Margin %	Get a 7-Day Free Trial									-20.95	-84.69	-75.65	-38.35	-41.41

Competitive Comparison of Visioneering Technologies's Pretax Margin %

For the Medical Devices subindustry, Visioneering Technologies'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.

Visioneering Technologies's Pretax Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Visioneering Technologies's Pretax Margin % distribution charts can be found below:

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

Visioneering Technologies 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.

Visioneering Technologies's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-5.15	/	12.953
	=	-39.76 %

Visioneering Technologies'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 )
	=	-2.474	/	5.975
	=	-41.41 %

Visioneering Technologies (ASX:VTI) 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.

Visioneering Technologies Pretax Margin % Related Terms

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Visioneering Technologies (ASX:VTI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Visioneering Technologies Inc (ASX:VTI) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

10745 Westside Way, Suite 200, Alpharetta, GA, USA, 30009

Website

http://www.vtivision.com

Visioneering Technologies Inc is a medical device company. It designs, manufactures, sales and distributes its NaturalVue daily disposable multifocal contact lenses for adults with Presbyopia and children with Myopia. The company offers NaturalVue MF contact lenses. Its Multifocal contact lens provides Presbyopia patients with near, intermediate, and distance vision and which is much easier for eye care professionals to fit their patients.