Grab2Go AS (OTSE:GRB2G) Pretax Margin % : % (As of Jun. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Grab2Go AS Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Grab2Go AS's Pre-Tax Income for the six months ended in Jun. 2023 was €-0.22 Mil. Grab2Go AS's Revenue for the six months ended in Jun. 2023 was €0.00 Mil. Therefore, Grab2Go AS's pretax margin for the quarter that ended in Jun. 2023 was %.

The historical rank and industry rank for Grab2Go AS's Pretax Margin % or its related term are showing as below:

OTSE:GRB2G' s Pretax Margin % Range Over the Past 10 Years
Min: -5500 Med: -4688.89 Max: -4688.89
Current: -5500

OTSE:GRB2G's Pretax Margin % is ranked worse than
99.66% of 2977 companies
in the Industrial Products industry
Industry Median: 6.53 vs OTSE:GRB2G: -5500.00

Grab2Go AS Pretax Margin % Historical Data

The historical data trend for Grab2Go 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.

Grab2Go AS Pretax Margin % Chart

Grab2Go AS Annual Data

Trend

Dec21

Dec22

Pretax Margin %

-4,688.89

Grab2Go AS Semi-Annual Data
	Jun22	Dec22	Jun23
Pretax Margin %	-	-3,111.11	-

Competitive Comparison of Grab2Go AS's Pretax Margin %

For the Business Equipment & Supplies subindustry, Grab2Go 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.

Grab2Go AS's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Grab2Go AS's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Grab2Go AS's Pretax Margin % falls into.

Grab2Go 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.

Grab2Go AS's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	-0.422	/	0.009
	=	-4,688.89 %

Grab2Go AS's Pretax Margin for the quarter that ended in Jun. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	-0.215	/	0
	=	%

Grab2Go AS (OTSE:GRB2G) 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.

Grab2Go AS Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Grab2Go AS's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Grab2Go AS (OTSE:GRB2G) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Grab2Go AS (OTSE:GRB2G) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Veskiposti tn 2-1002, Harju maakond, Tallinn, EST, 10138

Website

https://www.grab2go.eu

Grab2Go AS develops and manufactures autonomous, unmanned and robotic convenience store and pharmacy technology. Its technology and solutions make it possible to achieve a significant increase in efficiency, resource savings and a better consumer experience in the operation of convenience stores, pharmacies and other similar points of sale. The company has developed a completely unique Cloud Platform to remotely manage and operate Its Autonomous Stores in Real-Time. Grab2Go earns revenue from the sale of hardware solutions (machines) (one-time revenue), maintenance of hardware solutions (machines) (periodic payments), licensing of software solutions (periodic payments) and software development.

Grab2Go AS (OTSE:GRB2G) Headlines

No Headlines