MYNAY (Mynaric AG) Pretax Margin %: -6,407.53% (As of Dec. 2023)


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What is Mynaric AG Pretax Margin %?

Mynaric AG MYNAY -96.00% 10 Pretax Margin % is -6,407.53% as of Dec. 2023. GuruFocus rates MYNAY with a GF Score™ of 10/100.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Mynaric AG's Pre-Tax Income for the six months ended in Dec. 2023 was $-67.22 Mil. Mynaric AG's Revenue for the six months ended in Dec. 2023 was $1.05 Mil. Therefore, Mynaric AG's pretax margin for the quarter that ended in Dec. 2023 was -6,407.53%.

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


MYNAY's Pretax Margin % is not ranked *
in the Hardware industry.
Industry Median: 3.58
* Ranked among companies with meaningful Pretax Margin % only.

Mynaric AG  (OTCPK:MYNAY) 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.


Mynaric AG Pretax Margin % Related Terms


Mynaric AG Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Mynaric AG'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.

Mynaric AG Pretax Margin % Chart

Mynaric AG Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial -8,658.27 -2,911.74 -1,855.05 -1,669.17 -1,745.41

Mynaric AG Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2,743.80 -133,811.54 -930.01 -732.77 -6,407.53

MYNAY vs CSCO, MSI, HPE: Pretax Margin % Comparison

For the Communication Equipment subindustry, Mynaric AG'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.


Mynaric AG Pretax Margin % vs Hardware Industry

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

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


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Mynaric AG 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.

Mynaric AG'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 )
=-102.595/5.878
=-1,745.41 %

Mynaric AG'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 )
=-67.215/1.049
=-6,407.53 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of -6,407.53% mean?
Mynaric AG (MYNAY) has a Pretax Margin % of -6,407.53% as of Dec. 2023. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Mynaric AG and its competitors.
Is Mynaric AG's Pretax Margin % too high?
Mynaric AG's current Pretax Margin % is -6,407.53%. Overall, Mynaric AG has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Mynaric AG's Pretax Margin % compare to CSCO and MSI?
Mynaric AG's Pretax Margin % of -6,407.53% can be compared against companies in the Hardware industry. The industry median Pretax Margin % is 3.58. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Hardware company?
The median Pretax Margin % among Hardware companies is 3.58, based on 2,475 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Mynaric AG and its competitors. For the Hardware industry, the median Pretax Margin % is 3.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mynaric AG's current Pretax Margin % is -6,407.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mynaric AG stock overvalued right now?
Mynaric AG (MYNAY) has a current Pretax Margin % of -6,407.53%. The current Pretax Margin % is -6,407.53%. Mynaric AG's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Mynaric AG (MYNAY), the current Pretax Margin % is -6,407.53% as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mynaric AG Business Description

Address Bertha-Kipfmuller-Strasse 2-8, Munich, BY, DEU, 81249
Mynaric AG operates in the communication equipment business sector. The company is engaged in the manufacture and sale of products and projects and the provision of services in the field of laser technology, in particular in the aerospace, telematics, and satellite services sectors. It operates in two segments: Air and Space. The space segment comprises CONDOR terminals, and the Air segment comprises HAWK terminals. The company's product portfolio consists of Optical ground stations, Air-to-ground terminals, Air-to-air terminals, Space terminals, and Custom products and subcomponents. Its applications consist of high-altitude networks, remote eyes, satellite constellations, earth observation satellites, and others. Geographically, its key revenue is derived from the United States.
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