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Greenidge Generation Holdings (Greenidge Generation Holdings) Pretax Margin % : 13.83% (As of Dec. 2023)


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What is Greenidge Generation Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Greenidge Generation Holdings's Pre-Tax Income for the three months ended in Dec. 2023 was $2.72 Mil. Greenidge Generation Holdings's Revenue for the three months ended in Dec. 2023 was $19.64 Mil. Therefore, Greenidge Generation Holdings's pretax margin for the quarter that ended in Dec. 2023 was 13.83%.

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

GREE' s Pretax Margin % Range Over the Past 10 Years
Min: -283.11   Med: -41.26   Max: 30.31
Current: -41.26


GREE's Pretax Margin % is ranked worse than
85.97% of 777 companies
in the Capital Markets industry
Industry Median: 18.31 vs GREE: -41.26

Greenidge Generation Holdings Pretax Margin % Historical Data

The historical data trend for Greenidge Generation Holdings'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.

Greenidge Generation Holdings Pretax Margin % Chart

Greenidge Generation Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
-190.92 -16.36 30.31 -283.11 -41.26

Greenidge Generation Holdings Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -843.58 -58.34 -66.30 -63.03 13.83

Competitive Comparison of Greenidge Generation Holdings's Pretax Margin %

For the Capital Markets subindustry, Greenidge Generation Holdings'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.


Greenidge Generation Holdings's Pretax Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Greenidge Generation Holdings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Greenidge Generation Holdings's Pretax Margin % falls into.



Greenidge Generation Holdings 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.

Greenidge Generation Holdings'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 )
=-29.039/70.388
=-41.26 %

Greenidge Generation Holdings'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 )
=2.717/19.642
=13.83 %

* 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.


Greenidge Generation Holdings  (NAS:GREE) 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.


Greenidge Generation Holdings Pretax Margin % Related Terms

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Greenidge Generation Holdings (Greenidge Generation Holdings) Business Description

Traded in Other Exchanges
N/A
Address
135 Rennell Drive, 3rd Floor, Fairfield, CT, USA, 06890
Greenidge Generation Holdings Inc. owns and operates a vertically integrated cryptocurrency data center and power generation company. The Company owns and operates facilities at two locations: the Town of Torrey, New York and Spartanburg, South Carolina. The Company's cryptocurrency data center operations generate revenue in the form of bitcoin by earning bitcoin as rewards and transaction fees for supporting the global bitcoin network with application-specific integrated circuit computers (ASICs or miners) owned or leased by the Company. The Company also owns and operates a 106MW power facility that is connected to the New York Independent System Operator (NYISO) power grid.
Executives
Jordan Kovler director 135 RENNELL DRIVE, 3RD FLOOR, FAIRFIELD CT 05890
Christian Mulvihill officer: Chief Financial Officer 135 RENNELL DRIVE, 3RD FLOOR, FAIRFIELD CT 06890
Michael P Neuscheler director C/O I3 MOBILE INC, 181 HARBOR DRIVE, STAMFORD CT 06902
Daniel Rothaupt director GREENIDGE GENERATION HOLDINGS INC., 590 PLANT ROAD, DRESDEN NY 14441
Atlas Capital Gp Lp director, 10 percent owner 100 NORTHFIELD STREET, GREENWICH CT 06830
Atlas Capital Resources Gp Llc director, 10 percent owner 100 NORTHFIELD STREET, GREENWICH CT 06830
Andrew M Bursky director, 10 percent owner
Timothy J Fazio director, 10 percent owner ATLAS HOLDINGS LLC, 100 NORTHFIELD STREET, GREENWICH CT 06830
Robert Loughran officer: Accounting Officer C/O AVON PRODUCTS, INC., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105-0196
Scott J. Mackenzie officer: Chief Strategy Officer 135 RENNELL DRIVE, 3RD FLOOR, FAIRFIELD CT 06890
David Carl Anderson director, officer: Chief Executive Officer (CEO) 135 RENNELL DRIVE, 3RD FLOOR, FAIRFIELD CT 06890
Terence A. Burke officer: General Counsel 590 PLANT ROAD, DRESDEN NY 14441
C Clark Webb 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Rha Investments, Inc. 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
210 Capital, Llc 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225