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Asseco Business Solutions (FRA:9QQ) Pretax Margin % : 27.06% (As of Mar. 2024)


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What is Asseco Business Solutions Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Asseco Business Solutions's Pre-Tax Income for the three months ended in Mar. 2024 was €6.26 Mil. Asseco Business Solutions's Revenue for the three months ended in Mar. 2024 was €23.12 Mil. Therefore, Asseco Business Solutions's pretax margin for the quarter that ended in Mar. 2024 was 27.06%.

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

FRA:9QQ' s Pretax Margin % Range Over the Past 10 Years
Min: 24.5   Med: 29.63   Max: 31.76
Current: 28.92


FRA:9QQ's Pretax Margin % is ranked better than
93.79% of 2769 companies
in the Software industry
Industry Median: 2.43 vs FRA:9QQ: 28.92

Asseco Business Solutions Pretax Margin % Historical Data

The historical data trend for Asseco Business Solutions'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.

Asseco Business Solutions Pretax Margin % Chart

Asseco Business Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.67 31.76 30.45 29.37 28.90

Asseco Business Solutions 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 26.77 26.70 30.20 31.30 27.06

Competitive Comparison of Asseco Business Solutions's Pretax Margin %

For the Software - Application subindustry, Asseco Business Solutions'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.


Asseco Business Solutions's Pretax Margin % Distribution in the Software Industry

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

* The bar in red indicates where Asseco Business Solutions's Pretax Margin % falls into.



Asseco Business Solutions 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.

Asseco Business Solutions'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 )
=25.477/88.153
=28.90 %

Asseco Business Solutions'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 )
=6.256/23.123
=27.06 %

* 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.


Asseco Business Solutions  (FRA:9QQ) 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.


Asseco Business Solutions Pretax Margin % Related Terms

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Asseco Business Solutions (FRA:9QQ) Business Description

Traded in Other Exchanges
Address
ul. Konrada Wallenroda 4c, Lublin, POL, 20-607
Asseco Business Solutions SA serves as a Competence Centre accountable for the development of ERP software, mobile reporting systems (SFA), factoring systems and software for SMEs. Its offering also includes the provision, adaptation, and configuration of business applications for enterprises, design, and construction of infrastructure at the client or in the outsourcing model, providing equipment and system software of renowned partners, training for client's personnel, service and remote support for users. The company generates most of its revenue from its ERP Systems segment mainly in Poland.

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