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FOXX (Foxx Development Holdings) Pretax Margin % : 8.15% (As of Dec. 2024)


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What is Foxx Development Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Foxx Development Holdings's Pre-Tax Income for the three months ended in Dec. 2024 was $1.42 Mil. Foxx Development Holdings's Revenue for the three months ended in Dec. 2024 was $17.48 Mil. Therefore, Foxx Development Holdings's pretax margin for the quarter that ended in Dec. 2024 was 8.15%.

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

FOXX' s Pretax Margin % Range Over the Past 10 Years
Min: -105.64   Med: 0.33   Max: 1.13
Current: -7.14


FOXX's Pretax Margin % is ranked worse than
76.5% of 2434 companies
in the Hardware industry
Industry Median: 3.765 vs FOXX: -7.14

Foxx Development Holdings Pretax Margin % Historical Data

The historical data trend for Foxx Development Holdings'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.

Foxx Development Holdings Pretax Margin % Chart

Foxx Development Holdings Annual Data
Trend Jun22 Jun23 Jun24
Pretax Margin %
1.13 0.33 -105.64

Foxx Development Holdings Quarterly Data
Jun22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only -76.95 -168.68 -72.10 -9.81 8.15

Competitive Comparison of Foxx Development Holdings's Pretax Margin %

For the Consumer Electronics subindustry, Foxx Development Holdings'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.


Foxx Development Holdings's Pretax Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Foxx Development Holdings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Foxx Development Holdings's Pretax Margin % falls into.


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Foxx Development Holdings 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.

Foxx Development Holdings's Pretax Margin for the fiscal year that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2024 )/Revenue (A: Jun. 2024 )
=-3.411/3.229
=-105.64 %

Foxx Development Holdings's Pretax Margin for the quarter that ended in Dec. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=1.424/17.48
=8.15 %

* 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.


Foxx Development Holdings  (NAS:FOXX) 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.


Foxx Development Holdings Pretax Margin % Related Terms

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Foxx Development Holdings Business Description

Traded in Other Exchanges
N/A
Address
13575 Barranca Parkway C106, Irvine, CA, USA, 92618
Foxx Development Holdings Inc is a consumer electronics and integrated Internet-of-Things (IoT) solution company catering to both retail and institutional clients. With robust research and development capabilities and a strategic commitment to cultivating long-term partnerships with mobile network operators, distributors, and suppliers. Its products include tablets, smartphones, wearables, and other high-quality communication terminals.