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AVITA Medical (FRA:51KA) Pretax Margin % : -167.76% (As of Mar. 2024)


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What is AVITA Medical Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. AVITA Medical's Pre-Tax Income for the three months ended in Mar. 2024 was €-17.14 Mil. AVITA Medical's Revenue for the three months ended in Mar. 2024 was €10.22 Mil. Therefore, AVITA Medical's pretax margin for the quarter that ended in Mar. 2024 was -167.76%.

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

FRA:51KA' s Pretax Margin % Range Over the Past 10 Years
Min: -1486.44   Med: -288.46   Max: -70.43
Current: -88.28


FRA:51KA's Pretax Margin % is ranked worse than
75.64% of 817 companies
in the Medical Devices & Instruments industry
Industry Median: -0.55 vs FRA:51KA: -88.28

AVITA Medical Pretax Margin % Historical Data

The historical data trend for AVITA Medical'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.

AVITA Medical Pretax Margin % Chart

AVITA Medical Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -460.82 -294.64 -90.80 -77.36 -70.43

AVITA Medical Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -87.10 -88.24 -63.77 -49.69 -167.76

Competitive Comparison of AVITA Medical's Pretax Margin %

For the Medical Devices subindustry, AVITA Medical'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.


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

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

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



AVITA Medical 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.

AVITA Medical'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 )
=-32.384/45.981
=-70.43 %

AVITA Medical's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-17.138/10.216
=-167.76 %

* 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.


AVITA Medical  (FRA:51KA) 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.


AVITA Medical Pretax Margin % Related Terms

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AVITA Medical (FRA:51KA) Business Description

Traded in Other Exchanges
Address
28159 Avenue Stanford, Suite 220, Valencia, Los Angeles, CA, USA, 91355
Avita is a single product company. Its RECELL system is an innovative burn treatment device which creates Spray-on Skin from a small skin sample within 30 minutes, thus avoiding or reducing the need for skin grafts. It's approved for the treatment of adult patients in the U.S. with paediatric clinical trials and expanded indications in soft-tissue reconstruction and vitiligo underway. It is currently in roll-out across the approximately 136 U.S. burn centers. Despite having product approval in Australia, Europe, Canada, and China, Avita is not actively marketing in those territories and focussing instead on the U.S. region. However, it is expected to launch in Japan via distribution partner Cosmotec in second-half fiscal 2022. Avita is domiciled, and has its primary listing, in the U.S.

AVITA Medical (FRA:51KA) Headlines

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