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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:
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.
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 | -115.93 | -179.81 | -180.19 | -64.77 | -69.31 |
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.
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.
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.
Thank you for viewing the detailed overview of Getaround's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
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 |
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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 |
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