LICN (Lichen International) Pretax Margin % : 9.76% (As of Jun. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Lichen International Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Lichen International's Pre-Tax Income for the six months ended in Jun. 2024 was $1.77 Mil. Lichen International's Revenue for the six months ended in Jun. 2024 was $18.10 Mil. Therefore, Lichen International's pretax margin for the quarter that ended in Jun. 2024 was 9.76%.

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

LICN' s Pretax Margin % Range Over the Past 10 Years
Min: 26.72 Med: 30.56 Max: 33.57
Current: 26.72

LICN's Pretax Margin % is ranked better than
90.97% of 1052 companies
in the Business Services industry
Industry Median: 5.7 vs LICN: 26.72

Lichen International Pretax Margin % Historical Data

The historical data trend for Lichen International'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.

Lichen International Pretax Margin % Chart

Lichen International Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

29.33

33.57

31.78

29.15

Lichen International Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Pretax Margin %	Get a 7-Day Free Trial			36.81	27.17	13.52	39.59	9.76

Competitive Comparison of Lichen International's Pretax Margin %

For the Specialty Business Services subindustry, Lichen International'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.

Lichen International's Pretax Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Lichen International's Pretax Margin % distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Lichen International 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.

Lichen International'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 )
	=	11.588	/	39.759
	=	29.15 %

Lichen International's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	1.767	/	18.096
	=	9.76 %

Lichen International (NAS:LICN) 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.

Lichen International Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Lichen International's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Lichen International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Lichen International Ltd (NAS:LICN) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xingang Square, Hubin North Road, 15th Floor, Siming District, Fujian Province, Xiamen, CHN, 361013

Website

https://www.lichenzx.com

Lichen International Ltd formerly Lichen China Ltd is a holding company. The company, along with its subsidiaries provides financial and taxation solution services; education support services; and software and maintenance services. The company generates Majority revenue from Financial and taxation solution services.