Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. NFT's Pre-Tax Income for the
three
months ended in Jun. 2023 was $-0.01 Mil. NFT's Revenue for the
three
months ended in Jun. 2023 was $0.58 Mil. Therefore, NFT's pretax margin for the quarter that ended in Jun. 2023 was -1.74%.
The historical rank and industry rank for NFT's Pretax Margin % or its related term are showing as below:
MI'
s Pretax Margin % Range Over the Past 10 Years
Min: -11206.67 Med: -50.53 Max: 59.26
Current: -63.55
MI's Pretax Margin % is ranked worse than 95.67% of 1108
companies
in the Retail - Cyclical industry
Industry Median: 3.01
vs MI: -63.55
NFT Pretax Margin % Historical Data
The historical data trend for NFT'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.
For the Internet Retail subindustry, NFT'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.
NFT's Pretax Margin % Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, NFT's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where NFT's Pretax Margin % falls into.
NFT 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.
NFT's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as
* 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.
NFT (AMEX:MI) 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.
NFT Pretax Margin % Related Terms
Thank you for viewing the detailed overview of NFT's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
NFT Ltd Formerly Takung Art Co Ltd operates an online electronic platform for offering and trading artwork. Through its platform, the company allows artists/art dealers/owners to access a much bigger art trading market where artists can engage with a wide range of investors. Its platform also invests in high-end artwork accessible to ordinary people without financial resources. The company's trading platforms comprise the sale of calligraphies and paintings, jewelry, and precious stones. It generates revenue in the form of services in connection with the offering and trading of artwork on its system, consisting of listing fees, trading commissions, and management fees.
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