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Wise (LSE:WISE) Pretax Margin % : 32.77% (As of Sep. 2024)


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What is Wise Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Wise's Pre-Tax Income for the six months ended in Sep. 2024 was £293 Mil. Wise's Revenue for the six months ended in Sep. 2024 was £893 Mil. Therefore, Wise's pretax margin for the quarter that ended in Sep. 2024 was 32.77%.

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

LSE:WISE' s Pretax Margin % Range Over the Past 10 Years
Min: 5.68   Med: 8.78   Max: 33.69
Current: 33.69


LSE:WISE's Pretax Margin % is ranked better than
95.25% of 2758 companies
in the Software industry
Industry Median: 3.085 vs LSE:WISE: 33.69

Wise Pretax Margin % Historical Data

The historical data trend for Wise'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.

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Wise Pretax Margin % Chart

Wise Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Pretax Margin %
Get a 7-Day Free Trial 6.74 9.76 7.79 14.85 31.32

Wise Semi-Annual Data
Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 12.22 16.80 27.39 34.68 32.77

Competitive Comparison of Wise's Pretax Margin %

For the Information Technology Services subindustry, Wise'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.


Wise's Pretax Margin % Distribution in the Software Industry

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

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



Wise 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.

Wise's Pretax Margin for the fiscal year that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=481.4/1537.2
=31.32 %

Wise'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 )
=292.5/892.6
=32.77 %

* 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.


Wise  (LSE:WISE) 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.


Wise Pretax Margin % Related Terms

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Wise Business Description

Traded in Other Exchanges
Address
56 Shoreditch High Street, 6th Floor, Tea Building, London, GBR, E1 6JJ
Wise PLC is a currency conversion platform utilizing a peer-to-peer network to reduce transfer costs. The group focuses primarily on private clients and small and midsize enterprises. By operating local accounts in each jurisdiction Wise sends money to or receives money from, this fintech offers faster and cheaper currency transfer services than incumbents (banks). Wise has started to broaden its product offering, issuing its clients debit cards and allowing customers to invest funds into various asset-management products.

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