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GETR (Getaround) Pretax Margin % : -69.31% (As of Sep. 2024)


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What is Getaround Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Getaround's Pre-Tax Income for the three months ended in Sep. 2024 was $-15.52 Mil. Getaround's Revenue for the three months ended in Sep. 2024 was $22.39 Mil. Therefore, Getaround's pretax margin for the quarter that ended in Sep. 2024 was -69.31%.

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

GETR' s Pretax Margin % Range Over the Past 10 Years
Min: -283.21   Med: -210.53   Max: -119.9
Current: -119.9


GETR's Pretax Margin % is ranked worse than
90.5% of 2758 companies
in the Software industry
Industry Median: 3.085 vs GETR: -119.90

Getaround Pretax Margin % Historical Data

The historical data trend for Getaround'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.

Getaround Pretax Margin % Chart

Getaround Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Pretax Margin %
-283.21 -191.12 -229.93 -157.86

Getaround Quarterly Data
Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -115.93 -179.81 -180.19 -64.77 -69.31

Competitive Comparison of Getaround's Pretax Margin %

For the Software - Application subindustry, Getaround'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.


Getaround's Pretax Margin % Distribution in the Software Industry

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

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



Getaround 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.

Getaround'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 )
=-114.735/72.68
=-157.86 %

Getaround's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-15.517/22.387
=-69.31 %

* 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.


Getaround  (OTCPK:GETR) 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.


Getaround Pretax Margin % Related Terms

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Getaround Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
55 Green Street, San Francisco, CA, USA, 94111
Getaround Inc operates as a developer of a carsharing platform designed to instantly access and drive cars shared by people. The company's platform provides users with simple on-demand car rentals. Getaround's on-demand technology enables a contactless experience no waiting in line at a car rental facility, manually completing paperwork, or meeting anyone to collect or drop off car keys. It derives maximum revenue from United States.
Executives
Spencer D. Jackson officer: General Counsel & Secretary C/O OOMA, INC., 1880 EMBARCADERO ROAD, PALO ALTO CA 94303
Thomas W. Alderman officer: Chief Financial Officer C/O GETAROUND, INC., 55 GREEN STREET, SAN FRANCISCO CA 94111
Kasra Sy Fahimi officer: Chief Operating Officer C/O GETAROUND, INC., 55 GREEN STREET, SAN FRANCISCO CA 94111
Samir M. Zaid director, officer: CEO & Chairman of the Board C/O GETAROUND, INC., 55 GREEN STREET, SAN FRANCISCO CA 94111
Neil S Suslak director C/O GETAROUND, INC., 55 GREEN STREET, SAN FRANCISCO CA 94111
Mudrick Distressed Opportunity Drawdown Fund Ii Sc, L.p. 10 percent owner C/O MUDRICK CAPITAL MANAGEMENT, L.P., 527 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022
Mudrick Distressed Opportunity Drawdown Fund Ii Gp, Llc 10 percent owner 527 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022
Mudrick Distressed Opportunity 2020 Dislocation Fund, L.p. 10 percent owner C/O MUDRICK CAPITAL MANAGEMENT, L.P., 527 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022
Mudrick Distressed Opportunity Sif Master Fund, L.p. 10 percent owner C/O MUDRICK CAPITAL MANAGEMENT, L.P., 527 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022
Mudrick Opportunity Co-investment Fund, Lp 10 percent owner C/O MUDRICK CAPITAL MANAGEMENT, L.P., 527 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022
Jeffrey Russakow director C/O GETAROUND, INC., 55 GREEN STREET, SAN FRANCISCO CA 94111
Bruno Bowden director C/O GETAROUND, INC., 55 GREEN STREET, SAN FRANCISCO CA 94111
Svf Fetch (cayman) Ltd 10 percent owner C/O WALKERS CORP LTD., 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9008
Svf Sync Holdings (cayman) Ltd 10 percent owner C/O WALKERS CORP LTD., 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9008
Mudrick Stressed Credit Master Fund, L.p. 10 percent owner 527 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022