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MTI Wireless Edge (LSE:MWE) Pretax Margin % : 10.17% (As of Mar. 2024)


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What is MTI Wireless Edge Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. MTI Wireless Edge's Pre-Tax Income for the three months ended in Mar. 2024 was £0.90 Mil. MTI Wireless Edge's Revenue for the three months ended in Mar. 2024 was £8.85 Mil. Therefore, MTI Wireless Edge's pretax margin for the quarter that ended in Mar. 2024 was 10.17%.

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

LSE:MWE' s Pretax Margin % Range Over the Past 10 Years
Min: 1.07   Med: 7.99   Max: 10.6
Current: 9.53


LSE:MWE's Pretax Margin % is ranked better than
72.58% of 2465 companies
in the Hardware industry
Industry Median: 3.43 vs LSE:MWE: 9.53

MTI Wireless Edge Pretax Margin % Historical Data

The historical data trend for MTI Wireless Edge'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.

MTI Wireless Edge Pretax Margin % Chart

MTI Wireless Edge Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.51 9.92 9.35 9.33 10.60

MTI Wireless Edge Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.35 9.88 8.87 - 10.17

Competitive Comparison of MTI Wireless Edge's Pretax Margin %

For the Communication Equipment subindustry, MTI Wireless Edge'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.


MTI Wireless Edge's Pretax Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, MTI Wireless Edge's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where MTI Wireless Edge's Pretax Margin % falls into.



MTI Wireless Edge 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.

MTI Wireless Edge'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 )
=3.82/36.051
=10.60 %

MTI Wireless Edge'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 )
=0.9/8.846
=10.17 %

* 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.


MTI Wireless Edge  (LSE:MWE) 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.


MTI Wireless Edge Pretax Margin % Related Terms

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MTI Wireless Edge (LSE:MWE) Business Description

Traded in Other Exchanges
Address
11 Hamelacha Street, Afek Industrial Park, Rosh-Ha'Ayin, ISR, 4809121
MTI Wireless Edge Ltd is an Israel-based company engaged in three segments; the antennas segment includes the development, design, manufacture, and marketing of antennas for the military and civilian sectors, Water solutions segment is a provider of remote control solutions for water and irrigation applications based on Motorola's IRRInet state of the art control, monitoring and communication technologies, and Distribution and Consultation segment provides consulting representation, and marketing services to foreign companies in the field of RF (radio frequency) and Microwave, including engineering services in the field of aerostat systems and system engineering services, and development, manufacture, and integration of communication systems and monitoring and control systems.

MTI Wireless Edge (LSE:MWE) Headlines

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