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Destination Italia SpA (MIL:DIT) Pretax Margin % : -1.45% (As of Dec. 2023)


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What is Destination Italia SpA Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Destination Italia SpA's Pre-Tax Income for the six months ended in Dec. 2023 was €-0.53 Mil. Destination Italia SpA's Revenue for the six months ended in Dec. 2023 was €36.25 Mil. Therefore, Destination Italia SpA's pretax margin for the quarter that ended in Dec. 2023 was -1.45%.

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

MIL:DIT' s Pretax Margin % Range Over the Past 10 Years
Min: -53.04   Med: -8.46   Max: -4.65
Current: -4.75


MIL:DIT's Pretax Margin % is ranked worse than
74.94% of 822 companies
in the Travel & Leisure industry
Industry Median: 6.355 vs MIL:DIT: -4.75

Destination Italia SpA Pretax Margin % Historical Data

The historical data trend for Destination Italia SpA'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.

Destination Italia SpA Pretax Margin % Chart

Destination Italia SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
-8.46 -53.04 -28.46 -4.65 -4.75

Destination Italia SpA Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only -14.44 -17.82 0.50 -12.04 -1.45

Competitive Comparison of Destination Italia SpA's Pretax Margin %

For the Travel Services subindustry, Destination Italia SpA'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.


Destination Italia SpA's Pretax Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Destination Italia SpA's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Destination Italia SpA's Pretax Margin % falls into.



Destination Italia SpA 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.

Destination Italia SpA'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 )
=-2.499/52.646
=-4.75 %

Destination Italia SpA's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-0.525/36.248
=-1.45 %

* 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.


Destination Italia SpA  (MIL:DIT) 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.


Destination Italia SpA Pretax Margin % Related Terms

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Destination Italia SpA (MIL:DIT) Business Description

Traded in Other Exchanges
N/A
Address
Via del Don, 3, Milan, ITA, 20123
Destination Italia SpA is an Italian company serving the travel needs of people. It helps travelers make their trip to Italy unforgettable, offering unique itineraries and experiences in every corner of the beautiful country, from big cities to villages, from food and wine tourism to cultural holidays.