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Deversify Health AB (OSTO:DEV) Pretax Margin % : -19.26% (As of Jun. 2024)


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What is Deversify Health AB Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Deversify Health AB's Pre-Tax Income for the three months ended in Jun. 2024 was kr-1.42 Mil. Deversify Health AB's Revenue for the three months ended in Jun. 2024 was kr7.35 Mil. Therefore, Deversify Health AB's pretax margin for the quarter that ended in Jun. 2024 was -19.26%.

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

OSTO:DEV' s Pretax Margin % Range Over the Past 10 Years
Min: -113.21   Med: -69.87   Max: 1.61
Current: -26.23


OSTO:DEV's Pretax Margin % is ranked worse than
78.54% of 2758 companies
in the Software industry
Industry Median: 3.085 vs OSTO:DEV: -26.23

Deversify Health AB Pretax Margin % Historical Data

The historical data trend for Deversify Health AB'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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Deversify Health AB Pretax Margin % Chart

Deversify Health AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
- 1.61 -54.39 -85.34 -113.21

Deversify Health AB Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24
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 -5.87 -86.36 - -36.41 -19.26

Competitive Comparison of Deversify Health AB's Pretax Margin %

For the Information Technology Services subindustry, Deversify Health AB'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.


Deversify Health AB's Pretax Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Deversify Health AB's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Deversify Health AB's Pretax Margin % falls into.



Deversify Health AB 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.

Deversify Health AB'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 )
=-21.129/18.663
=-113.21 %

Deversify Health AB's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=-1.416/7.353
=-19.26 %

* 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.


Deversify Health AB  (OSTO:DEV) 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.


Deversify Health AB Pretax Margin % Related Terms

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Deversify Health AB Business Description

Traded in Other Exchanges
N/A
Address
Ulls vag 29C, Uppsala, SWE, 756 51
Deversify Health AB offers health tech solutions for consumers. The company develops and commercializes mobile electronic devices and apps to monitor biomarkers for individualized health, specializing in breathalyzers. The company also develops and provides education services regarding metabolic health and personalized nutrition.