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SOS (SOS) Pretax Margin % : -21.08% (As of Jun. 2024)


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What is SOS Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. SOS's Pre-Tax Income for the six months ended in Jun. 2024 was $-12.8 Mil. SOS's Revenue for the six months ended in Jun. 2024 was $60.5 Mil. Therefore, SOS's pretax margin for the quarter that ended in Jun. 2024 was -21.08%.

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

SOS' s Pretax Margin % Range Over the Past 10 Years
Min: -88.33   Med: -39.38   Max: 15.5
Current: -6.29


SOS's Pretax Margin % is ranked worse than
78.94% of 774 companies
in the Capital Markets industry
Industry Median: 20.16 vs SOS: -6.29

SOS Pretax Margin % Historical Data

The historical data trend for SOS'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.

SOS Pretax Margin % Chart

SOS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.50 - -18.03 -88.33 -6.27

SOS Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -25.09 -118.91 -27.63 11.39 -21.08

Competitive Comparison of SOS's Pretax Margin %

For the Capital Markets subindustry, SOS'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.


SOS's Pretax Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SOS's Pretax Margin % distribution charts can be found below:

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



SOS 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.

SOS'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 )
=-5.79/92.416
=-6.27 %

SOS'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 )
=-12.755/60.514
=-21.08 %

* 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.


SOS  (NYSE:SOS) 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.


SOS Pretax Margin % Related Terms

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SOS Business Description

Traded in Other Exchanges
Address
298 Haijing Road, Yinzhu Street, Building 6, East Seaview Park, West Coast New District, Shandong Province, Qingdao, CHN, 266400
SOS Ltd is a multifaceted company that leverages the power of big data to provide marketing solutions, while also participating in the burgeoning fields of blockchain and cryptocurrency operations, as well as commodity trading. Its product offerings are diversified across four main areas: commodity trading, insurance marketing, cryptocurrency mining, and other service. The company has has three reporting segments: Commodity trading, Cryptocurrency mining and Others. Key revenue is generated from Commodity trading.