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Prestige Wealth (Prestige Wealth) Pretax Margin % : 600.46% (As of Sep. 2023)


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What is Prestige Wealth Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Prestige Wealth's Pre-Tax Income for the six months ended in Sep. 2023 was $-1.30 Mil. Prestige Wealth's Revenue for the six months ended in Sep. 2023 was $-0.22 Mil. Therefore, Prestige Wealth's pretax margin for the quarter that ended in Sep. 2023 was 600.46%.

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

PWM' s Pretax Margin % Range Over the Past 10 Years
Min: -299.71   Med: 72.04   Max: 79.86
Current: -299.71


PWM's Pretax Margin % is ranked worse than
95.5% of 1668 companies
in the Asset Management industry
Industry Median: 90.725 vs PWM: -299.71

Prestige Wealth Pretax Margin % Historical Data

The historical data trend for Prestige Wealth'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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Prestige Wealth Pretax Margin % Chart

Prestige Wealth Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Pretax Margin %
79.86 68.30 75.78 -298.85

Prestige Wealth Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Pretax Margin % Get a 7-Day Free Trial -202.67 86.65 9.80 46.02 600.46

Competitive Comparison of Prestige Wealth's Pretax Margin %

For the Asset Management subindustry, Prestige Wealth'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.


Prestige Wealth's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Prestige Wealth's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Prestige Wealth's Pretax Margin % falls into.



Prestige Wealth 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.

Prestige Wealth's Pretax Margin for the fiscal year that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Sep. 2023 )/Revenue (A: Sep. 2023 )
=-1.043/0.349
=-298.85 %

Prestige Wealth's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-1.303/-0.217
=600.46 %

* 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.


Prestige Wealth  (NAS:PWM) 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.


Prestige Wealth Pretax Margin % Related Terms

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Prestige Wealth (Prestige Wealth) Business Description

Traded in Other Exchanges
N/A
Address
2 Queen’s Road Central, Suite 5102, 51th Floor, Cheung Kong Center, Hong Kong, HKG
Prestige Wealth Inc is engaged in providing private wealth management services and asset management to high-net-worth and ultra-high-net-worth individuals and enterprises through its subsidiaries.

Prestige Wealth (Prestige Wealth) Headlines