Eqonex (Eqonex) Pretax Margin % : -2,560.43% (As of Mar. 2022)

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What is Eqonex Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Eqonex's Pre-Tax Income for the six months ended in Mar. 2022 was $-43.81 Mil. Eqonex's Revenue for the six months ended in Mar. 2022 was $1.71 Mil. Therefore, Eqonex's pretax margin for the quarter that ended in Mar. 2022 was -2,560.43%.

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

EQOSQ's Pretax Margin % is not ranked ^*
in the Capital Markets industry.
Industry Median: 18.71
* Ranked among companies with meaningful Pretax Margin % only.

Eqonex Pretax Margin % Historical Data

The historical data trend for Eqonex'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.

Eqonex Pretax Margin % Chart

Eqonex Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Pretax Margin %

-4,238.53

-11,571.31

-46,247.04

-1,438.49

Eqonex Semi-Annual Data
	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22
Pretax Margin %	Get a 7-Day Free Trial			-10,345.22	-490,878.26	-7,510.23	-902.87	-2,560.43

Competitive Comparison of Eqonex's Pretax Margin %

For the Capital Markets subindustry, Eqonex'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.

Eqonex's Pretax Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Eqonex's Pretax Margin % distribution charts can be found below:

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

Eqonex 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.

Eqonex's Pretax Margin for the fiscal year that ended in Mar. 2022 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Mar. 2022 )	/	Revenue (A: Mar. 2022 )
	=	-76.168	/	5.295
	=	-1,438.49 %

Eqonex's Pretax Margin for the quarter that ended in Mar. 2022 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Mar. 2022 )	/	Revenue (Q: Mar. 2022 )
	=	-43.809	/	1.711
	=	-2,560.43 %

Eqonex (OTCPK:EQOSQ) 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.

Eqonex Pretax Margin % Related Terms

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Eqonex (Eqonex) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Eqonex Ltd (OTCPK:EQOSQ) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

118 Piccadilly, Mayfair, London, GBR, W1J 7NW

Website

https://www.eqonex.com

Eqonex Ltd is a digital assets financial services company focused on delivering a cryptocurrency and digital assets ecosystem. The company offers services related to Exchange and Trading, Capital Markets, Custody, and Asset Management.