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Airthings ASA (OSL:AIRX) Pretax Margin % : -19.86% (As of Dec. 2023)


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What is Airthings ASA Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Airthings ASA's Pre-Tax Income for the three months ended in Dec. 2023 was kr-21.6 Mil. Airthings ASA's Revenue for the three months ended in Dec. 2023 was kr108.7 Mil. Therefore, Airthings ASA's pretax margin for the quarter that ended in Dec. 2023 was -19.86%.

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

OSL:AIRX' s Pretax Margin % Range Over the Past 10 Years
Min: -38.67   Med: -21.94   Max: 10.49
Current: -21.95


OSL:AIRX's Pretax Margin % is ranked worse than
90.27% of 2969 companies
in the Industrial Products industry
Industry Median: 6.37 vs OSL:AIRX: -21.95

Airthings ASA Pretax Margin % Historical Data

The historical data trend for Airthings ASA'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.

Airthings ASA Pretax Margin % Chart

Airthings ASA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial -12.41 -29.56 -27.66 -38.67 -21.94

Airthings ASA Quarterly Data
Dec17 Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only -45.27 -29.76 -37.88 -5.50 -19.86

Competitive Comparison of Airthings ASA's Pretax Margin %

For the Electrical Equipment & Parts subindustry, Airthings ASA'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.


Airthings ASA's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Airthings ASA's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Airthings ASA's Pretax Margin % falls into.



Airthings ASA 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.

Airthings ASA'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 )
=-84.712/386.024
=-21.94 %

Airthings ASA'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 )
=-21.584/108.669
=-19.86 %

* 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.


Airthings ASA  (OSL:AIRX) 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.


Airthings ASA Pretax Margin % Related Terms

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Airthings ASA (OSL:AIRX) Business Description

Traded in Other Exchanges
Address
Wergelandsveien 7, Oslo, NOR, 0167
Airthings ASA is a hardware-enabled software company that develops products and systems for monitoring indoor air quality, radon, and energy efficiency. The company's solutions resolve issues related to air quality and air containment and enable a reduced CO2 footprint by optimizing energy consumption for buildings. It is engaged in three business segments which include Airthings for Consumer (Consumer), Airthings for Business (AfB), and Airthings for Professionals (Pro). The majority of the revenue comes from the Airthings for Consumer segment, which uses software solutions to monitor air quality and create and maintain a healthy living environment.

Airthings ASA (OSL:AIRX) Headlines

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