X2M ConnectASX:X2M Pretax Margin % is -67.72% as of Dec. 2025. The stock has 8 warning signs investors should review. Among 2,479 Hardware companies, X2M Connect ranks worse than 96.01% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. X2M Connect's Pre-Tax Income for the
six
months ended in Dec. 2025 was A$-3.14 Mil. X2M Connect's Revenue for the
six
months ended in Dec. 2025 was A$4.63 Mil. Therefore, X2M Connect's pretax margin for the quarter that ended in Dec. 2025 was -67.72%.
The historical rank and industry rank for X2M Connect's Pretax Margin % or its related term are showing as below:
ASX:X2M'
s Pretax Margin % Range Over the Past 10 Years
Min: -174.26 Med: -73.53 Max: -40.17
Current: -156.73
ASX:X2M's Pretax Margin % is ranked worse than 96.01% of 2479
companies
in the Hardware industry
Industry Median: 3.59
vs ASX:X2M: -156.73
X2M Connect (ASX:X2M) 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.
X2M Connect Pretax Margin % Related Terms
X2M Connect Pretax Margin % Historical Data
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The historical data trend for X2M Connect'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:X2M vs COHR, KEYS, GRMN: Pretax Margin % Comparison
For the Scientific & Technical Instruments subindustry, X2M Connect'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.
X2M Connect Pretax Margin % vs Hardware Industry
For the Hardware industry and Technology sector, X2M Connect's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where X2M Connect'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.
X2M Connect (ASX:X2M) has a Pretax Margin % of -67.72% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on X2M Connect and its competitors. According to the industry distribution chart, X2M Connect ranks #2380 out of 2479 companies in the Hardware industry, placing it in the top 96%.
Is X2M Connect's Pretax Margin % too high?
X2M Connect's current Pretax Margin % is -67.72%. Based on the distribution chart, X2M Connect ranks #2380 out of 2479 companies in the Hardware industry, which is in the bottom quartile relative to peers.
How does X2M Connect's Pretax Margin % compare to COHR and KEYS?
According to the Hardware industry distribution chart, X2M Connect ranks #2380 out of 2479 companies for Pretax Margin %. This places X2M Connect in the lower half of its industry. The industry median Pretax Margin % is 3.59. 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 Hardware company?
The median Pretax Margin % among Hardware companies is 3.59, based on 2,479 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 X2M Connect and its competitors. For the Hardware industry, the median Pretax Margin % is 3.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. X2M Connect's current Pretax Margin % is -67.72%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is X2M Connect stock overvalued right now?
Based on GuruFocus' analysis, X2M Connect (ASX:X2M) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.01, compared to a current price of A$0.01 — trading 40% below its estimated fair value. The current Pretax Margin % is -67.72%. 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 X2M Connect (ASX:X2M), the current Pretax Margin % is -67.72% 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.
X2M Connect Ltd is an Internet of Things (IoT) technology company that uses the internet to deliver productivity improvements, cost savings, and improved public safety to enterprise and government customers. Its focus is servicing the utility sector in the Asia-Pacific utility market through the provision of technology that connects devices over the internet, such as water meters and gas pressure sensors and which enables data exchange and control of these devices. The company's geographical segment includes South Korea, China, Taiwan, and other countries. It derives a majority of revenue from South Korea.
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