MTN Nigeria Communications (NSA:MTNN) Pretax Margin % : -76.71% (As of Mar. 2024)

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What is MTN Nigeria Communications Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. MTN Nigeria Communications's Pre-Tax Income for the three months ended in Mar. 2024 was ₦-575,692 Mil. MTN Nigeria Communications's Revenue for the three months ended in Mar. 2024 was ₦750,471 Mil. Therefore, MTN Nigeria Communications's pretax margin for the quarter that ended in Mar. 2024 was -76.71%.

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

NSA:MTNN' s Pretax Margin % Range Over the Past 10 Years
Min: -34.3 Med: 23.55 Max: 26.4
Current: -34.3

NSA:MTNN's Pretax Margin % is ranked worse than
91.27% of 378 companies
in the Telecommunication Services industry
Industry Median: 6.02 vs NSA:MTNN: -34.30

MTN Nigeria Communications Pretax Margin % Historical Data

The historical data trend for MTN Nigeria Communications'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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MTN Nigeria Communications Pretax Margin % Chart

MTN Nigeria Communications Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

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24.90

22.20

26.40

25.79

-7.21

MTN Nigeria Communications Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Pretax Margin %	Get a 7-Day Free Trial															28.68	7.55	5.22	-58.99	-76.71

Competitive Comparison of MTN Nigeria Communications's Pretax Margin %

For the Telecom Services subindustry, MTN Nigeria Communications'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.

MTN Nigeria Communications's Pretax Margin % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, MTN Nigeria Communications's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where MTN Nigeria Communications's Pretax Margin % falls into.

MTN Nigeria Communications 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.

MTN Nigeria Communications'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 )
	=	-177886	/	2468540
	=	-7.21 %

MTN Nigeria Communications'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 )
	=	-575692	/	750471
	=	-76.71 %

MTN Nigeria Communications (NSA:MTNN) 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.

MTN Nigeria Communications Pretax Margin % Related Terms

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MTN Nigeria Communications (NSA:MTNN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » MTN Nigeria Communications PLC (NSA:MTNN) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Aromire Road, Off Alfred Rewane, Ikoyi, Lagos, NGA

Website

https://www.mtnonline.com

MTN Nigeria Communications PLC is a provider of communications services. The principal activities of the company are the provision of broadband fixed wireless access service, high-quality telecommunications services, and mobile financial services in Nigeria. The group operates in three reportable segments, namely, Consumer Business Unit (CBU) which consists of subscribers sitting in value propositions and tariff plans for Youth, High Value and Mass segments, Enterprise Business Unit (EBU) consists of small and medium organizations to whom the services are provided, and Wholesale Business Unit (WBU) serves customers who buy MTN telecom products. The majority of the revenue is generated from the CBU segment.

MTN Nigeria Communications (NSA:MTNN) Headlines

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