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Otovo ASA (OSL:OTOVO) Pretax Margin % : -42.15% (As of Dec. 2024)


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What is Otovo ASA Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Otovo ASA's Pre-Tax Income for the three months ended in Dec. 2024 was kr-56.4 Mil. Otovo ASA's Revenue for the three months ended in Dec. 2024 was kr133.8 Mil. Therefore, Otovo ASA's pretax margin for the quarter that ended in Dec. 2024 was -42.15%.

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

OSL:OTOVO' s Pretax Margin % Range Over the Past 10 Years
Min: -63.03   Med: -50.05   Max: -35.33
Current: -62.81


OSL:OTOVO's Pretax Margin % is ranked worse than
90.55% of 1005 companies
in the Semiconductors industry
Industry Median: 5.05 vs OSL:OTOVO: -62.81

Otovo ASA Pretax Margin % Historical Data

The historical data trend for Otovo 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.

Otovo ASA Pretax Margin % Chart

Otovo ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Pretax Margin %
Get a 7-Day Free Trial -61.07 -54.06 -50.05 -37.18 -63.03

Otovo ASA Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -56.17 -56.21 -65.57 -86.68 -42.15

Competitive Comparison of Otovo ASA's Pretax Margin %

For the Solar subindustry, Otovo 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.


Otovo ASA's Pretax Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Otovo ASA's Pretax Margin % distribution charts can be found below:

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


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Otovo 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.

Otovo ASA's Pretax Margin for the fiscal year that ended in Dec. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2024 )/Revenue (A: Dec. 2024 )
=-374.212/593.704
=-63.03 %

Otovo ASA's Pretax Margin for the quarter that ended in Dec. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=-56.381/133.756
=-42.15 %

* 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.


Otovo ASA  (OSL:OTOVO) 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.


Otovo ASA Pretax Margin % Related Terms

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Otovo ASA Business Description

Traded in Other Exchanges
Address
Torggata 7, Oslo, NOR, 0181
Otovo ASA is an energy company. It is engaged in the development, commercialization and installation of renewable power, as well as taking ownership or providing business advice related to it. The Group's operating segments are The Marketplace, and Subscription SPV. The Marketplace segment consists of transactions relating to sale of solar panels and related products, while the Subscription segment consists of transactions related to customers subscribing to use solar panels and related products.

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