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Change Financial (Change Financial) Pretax Margin % : -32.75% (As of Dec. 2023)


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What is Change Financial Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Change Financial's Pre-Tax Income for the six months ended in Dec. 2023 was $-1.44 Mil. Change Financial's Revenue for the six months ended in Dec. 2023 was $4.40 Mil. Therefore, Change Financial's pretax margin for the quarter that ended in Dec. 2023 was -32.75%.

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

CNGFF' s Pretax Margin % Range Over the Past 10 Years
Min: -84833.33   Med: -993.61   Max: -26.31
Current: -26.31


CNGFF's Pretax Margin % is ranked worse than
76.99% of 2760 companies
in the Software industry
Industry Median: 2.495 vs CNGFF: -26.31

Change Financial Pretax Margin % Historical Data

The historical data trend for Change Financial'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.

Change Financial Pretax Margin % Chart

Change Financial Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Pretax Margin %
Get a 7-Day Free Trial -1,056.54 -87,825.00 -53.63 -45.52 -30.36

Change Financial Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -58.90 -34.02 -41.28 -19.87 -32.75

Competitive Comparison of Change Financial's Pretax Margin %

For the Information Technology Services subindustry, Change Financial'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.


Change Financial's Pretax Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Change Financial's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Change Financial's Pretax Margin % falls into.



Change Financial 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.

Change Financial'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 )
=-2.624/8.643
=-30.36 %

Change Financial'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 )
=-1.442/4.403
=-32.75 %

* 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.


Change Financial  (OTCPK:CNGFF) 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.


Change Financial Pretax Margin % Related Terms

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Change Financial (Change Financial) Business Description

Traded in Other Exchanges
Address
82 Eagle Street, Level 11, Brisbane, QLD, AUS, 4000
Change Financial Ltd is a fintech company. It develops payment processors and provides mobile banking services through its mobile application. The company operates in a single segment that is the development and provision of card payments software and services. The company serves business and financial institutions.

Change Financial (Change Financial) Headlines

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