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Fintech Select (TSXV:FTEC) Pretax Margin % : -22.66% (As of Dec. 2023)


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What is Fintech Select Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Fintech Select's Pre-Tax Income for the three months ended in Dec. 2023 was C$-0.15 Mil. Fintech Select's Revenue for the three months ended in Dec. 2023 was C$0.65 Mil. Therefore, Fintech Select's pretax margin for the quarter that ended in Dec. 2023 was -22.66%.

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

TSXV:FTEC' s Pretax Margin % Range Over the Past 10 Years
Min: -17.61   Med: 10.36   Max: 46.21
Current: 8.63


TSXV:FTEC's Pretax Margin % is ranked better than
68.06% of 2768 companies
in the Software industry
Industry Median: 2.33 vs TSXV:FTEC: 8.63

Fintech Select Pretax Margin % Historical Data

The historical data trend for Fintech Select'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.

Fintech Select Pretax Margin % Chart

Fintech Select 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 -7.76 14.04 -0.18 46.21 8.61

Fintech Select Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only -83.12 33.11 15.72 -18.73 -22.66

Competitive Comparison of Fintech Select's Pretax Margin %

For the Software - Infrastructure subindustry, Fintech Select'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.


Fintech Select's Pretax Margin % Distribution in the Software Industry

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

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



Fintech Select 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.

Fintech Select'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 )
=0.329/3.822
=8.61 %

Fintech Select's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-0.148/0.653
=-22.66 %

* 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.


Fintech Select  (TSXV:FTEC) 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.


Fintech Select Pretax Margin % Related Terms

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Fintech Select (TSXV:FTEC) Business Description

Traded in Other Exchanges
Address
100 King Street W, Unit T201A, Chatham, ON, CAN, N7M 6A9
Fintech Select Ltd is a provider of prepaid card schemes, online payment platforms, and POS cryptocurrency platforms, all internally developed platforms. It also operates a multi-lingual call center that provides services to customers across all its platforms, and third-party customers. The company operated in three business segments which include Distribution, Call Center, and Financial Services. Its distribution sells prepaid wireless airtime and its Financial Services division provides prepaid debit card services.

Fintech Select (TSXV:FTEC) Headlines

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