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Magnet Forensics (TSX:MAGT) Pretax Margin % : 22.59% (As of Dec. 2022)


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What is Magnet Forensics Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Magnet Forensics's Pre-Tax Income for the three months ended in Dec. 2022 was C$9.5 Mil. Magnet Forensics's Revenue for the three months ended in Dec. 2022 was C$42.1 Mil. Therefore, Magnet Forensics's pretax margin for the quarter that ended in Dec. 2022 was 22.59%.

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


TSX:MAGT's Pretax Margin % is not ranked *
in the Software industry.
Industry Median: 2.26
* Ranked among companies with meaningful Pretax Margin % only.

Magnet Forensics Pretax Margin % Historical Data

The historical data trend for Magnet Forensics'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.

Magnet Forensics Pretax Margin % Chart

Magnet Forensics Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Pretax Margin %
-4.15 3.45 24.49 15.74 5.98

Magnet Forensics Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 8.90 -6.93 -7.50 8.07 22.59

Competitive Comparison of Magnet Forensics's Pretax Margin %

For the Software - Application subindustry, Magnet Forensics'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.


Magnet Forensics's Pretax Margin % Distribution in the Software Industry

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

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



Magnet Forensics 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.

Magnet Forensics'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 )
=8.033/134.402
=5.98 %

Magnet Forensics's Pretax Margin for the quarter that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2022 )/Revenue (Q: Dec. 2022 )
=9.518/42.127
=22.59 %

* 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.


Magnet Forensics  (TSX:MAGT) 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.


Magnet Forensics Pretax Margin % Related Terms

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Magnet Forensics (TSX:MAGT) Business Description

Traded in Other Exchanges
N/A
Address
2220 University Avenue East, Suite 300, Waterloo, ON, CAN, N2K0A8
Magnet Forensics Inc is a developer of digital investigation software. It acquires, analyzes, reports on, and manages evidence from digital sources, including computers, mobile devices, IoT devices and cloud services.

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