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HeartCore Enterprises (HeartCore Enterprises) Pretax Margin % : -30.87% (As of Mar. 2024)


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What is HeartCore Enterprises Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. HeartCore Enterprises's Pre-Tax Income for the three months ended in Mar. 2024 was $-1.56 Mil. HeartCore Enterprises's Revenue for the three months ended in Mar. 2024 was $5.05 Mil. Therefore, HeartCore Enterprises's pretax margin for the quarter that ended in Mar. 2024 was -30.87%.

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

HTCR' s Pretax Margin % Range Over the Past 10 Years
Min: -75.79   Med: -18.27   Max: 2.51
Current: -49.77


HTCR's Pretax Margin % is ranked worse than
83.09% of 2767 companies
in the Software industry
Industry Median: 2.34 vs HTCR: -49.77

HeartCore Enterprises Pretax Margin % Historical Data

The historical data trend for HeartCore Enterprises'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.

HeartCore Enterprises Pretax Margin % Chart

HeartCore Enterprises Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
-18.27 2.51 0.14 -75.79 -22.93

HeartCore Enterprises Quarterly Data
Dec19 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 28.27 -32.29 -53.79 -99.58 -30.87

Competitive Comparison of HeartCore Enterprises's Pretax Margin %

For the Software - Application subindustry, HeartCore Enterprises'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.


HeartCore Enterprises's Pretax Margin % Distribution in the Software Industry

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

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



HeartCore Enterprises 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.

HeartCore Enterprises'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 )
=-5.01/21.846
=-22.93 %

HeartCore Enterprises'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 )
=-1.558/5.047
=-30.87 %

* 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.


HeartCore Enterprises  (NAS:HTCR) 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.


HeartCore Enterprises Pretax Margin % Related Terms

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HeartCore Enterprises (HeartCore Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
1-2-33, Higashigotanda, Shinagawa-ku, Tokyo, JPN
HeartCore Enterprises Inc is a software development company. It provides software through two business units. The first business unit includes a customer experience management business that has been in existence for 12 years. The customer experience management platform includes marketing, sales, service and content management systems, as well as other tools and integrations, that enable companies to attract and engage customers throughout the customer experience. It also provides education, services and support to help customers be successful with CXM Platform.
Executives
Keisuke Kuno officer: CX Division Vice President 2-10-1 HORINOUCHI, HACHIOJI-SHI, TOKYO M0 192-0355
Kimio Hosaka director, officer: Chief Operating Officer 2-16-2-312 OSHIAGE, SUMIDA-KU, TOKYO M0 131-0045
Sumitaka Yamamoto director, 10 percent owner, officer: Chairman,CEO & President 848 JORDAN AVE. #G, LOS ALTOS CA 94022
Ferdinand Groenewald director C/O MUSCLE MAKER, INC,, 2200 SPACE PARK DRIVE,SUITE 310, HOUSTON TX 77058
Qizhi Gao officer: Chief Financial Officer 1-8-17-302, SHITTE, TSURUMI-KU, YOKOHAMA-SHI, KANAGAWA M0 230-0003
Hidekazu Miyata officer: Chief Technical Officer 4-6-6-1106, KONAN, MINATO-KU, TOKYO M0 108-0075
Yuta Katai director 1-14-604 SUIDOUCHO,SHINJYUKU-KU, TOKYO M0 162-0811
Takeshi Omoto director 1-16-5 HIG A SHIG A OK A , MEGURO-KU, TOKYO M0 152-0021
Yoshitomo Yamano director 3-12-22-301, SENDAGAYA, SHIBUYA-KU, TOKYO M0 151-0051
Yuki Tan director 2-14-8, AZAMINOMINAMI, AOBA-KU, YOKOHAMA-SHI, KANGAWA M0 225-0012

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