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Movinn AS (OCSE:MOVINN) Pretax Margin % : -1.29% (As of Sep. 2024)


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What is Movinn AS Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Movinn AS's Pre-Tax Income for the three months ended in Sep. 2024 was kr-0.31 Mil. Movinn AS's Revenue for the three months ended in Sep. 2024 was kr23.93 Mil. Therefore, Movinn AS's pretax margin for the quarter that ended in Sep. 2024 was -1.29%.

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

OCSE:MOVINN' s Pretax Margin % Range Over the Past 10 Years
Min: -8.43   Med: -6.73   Max: -2.18
Current: -4.56


OCSE:MOVINN's Pretax Margin % is ranked worse than
72.19% of 1762 companies
in the Real Estate industry
Industry Median: 9.89 vs OCSE:MOVINN: -4.56

Movinn AS Pretax Margin % Historical Data

The historical data trend for Movinn AS'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.

Movinn AS Pretax Margin % Chart

Movinn AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
- -7.37 -6.09 -2.18 -8.43

Movinn AS Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8.40 -12.43 -2.57 -2.58 -1.29

Competitive Comparison of Movinn AS's Pretax Margin %

For the Real Estate Services subindustry, Movinn AS'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.


Movinn AS's Pretax Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Movinn AS's Pretax Margin % distribution charts can be found below:

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


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Movinn AS 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.

Movinn AS'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 )
=-7.039/83.543
=-8.43 %

Movinn AS'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 )
=-0.309/23.93
=-1.29 %

* 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.


Movinn AS  (OCSE:MOVINN) 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.


Movinn AS Pretax Margin % Related Terms

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Movinn AS Business Description

Traded in Other Exchanges
N/A
Address
Dronningens Tvaergade 9B, 1, Copenhagen, DNK, DK-1302
Movinn AS is a provider of fully serviced apartments, delivering space-as-a-service to mainly large domestic and international corporations and organizations. Its product portfolio predominantly includes Serviced Apartments and Coliving with the majority of the revenue coming from Serviced Apartments. The company operates in Denmark, Sweden, and Germany. The majority of the revenue comes from Denmark.

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