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Fitell (Fitell) Pretax Margin % : -129.16% (As of Dec. 2023)


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What is Fitell Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Fitell's Pre-Tax Income for the six months ended in Dec. 2023 was $-2.74 Mil. Fitell's Revenue for the six months ended in Dec. 2023 was $2.12 Mil. Therefore, Fitell's pretax margin for the quarter that ended in Dec. 2023 was -129.16%.

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

FTEL' s Pretax Margin % Range Over the Past 10 Years
Min: -116.24   Med: 2.84   Max: 16.37
Current: -116.24


FTEL's Pretax Margin % is ranked worse than
97.29% of 1107 companies
in the Retail - Cyclical industry
Industry Median: 2.95 vs FTEL: -116.24

Fitell Pretax Margin % Historical Data

The historical data trend for Fitell'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.

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Fitell Pretax Margin % Chart

Fitell Annual Data
Trend Jun21 Jun22 Jun23
Pretax Margin %
16.37 2.84 -33.74

Fitell Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Pretax Margin % Get a 7-Day Free Trial 24.93 -30.35 4.42 -100.52 -129.16

Competitive Comparison of Fitell's Pretax Margin %

For the Specialty Retail subindustry, Fitell'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.


Fitell's Pretax Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Fitell's Pretax Margin % distribution charts can be found below:

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



Fitell 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.

Fitell'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 )
=-1.619/4.799
=-33.74 %

Fitell'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 )
=-2.742/2.123
=-129.16 %

* 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.


Fitell  (NAS:FTEL) 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.


Fitell Pretax Margin % Related Terms

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Fitell (Fitell) Business Description

Traded in Other Exchanges
N/A
Address
23-25 Mangrove Lane, Taren Point, NSW, AUS, 2229
Fitell Corp engages in primary operations of selling gym and fitness equipment in Australia through its indirectly held wholly owned subsidiaries. It operates in two segments: online fitness equipment distribution and licensing business to service the large and growing boutique fitness sector of the broader health and fitness club industry. The majority fitness equipment business is conducted in Australia via its own e-commerce platform and, through third-party sites. Licensing service offers a turnkey solution for personal training studios and commercial gym chains.