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Velocity Acquisition (Velocity Acquisition) Pretax Margin % : % (As of Sep. 2022)


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What is Velocity Acquisition Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Velocity Acquisition's Pre-Tax Income for the three months ended in Sep. 2022 was $1.31 Mil. Velocity Acquisition's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Therefore, Velocity Acquisition's pretax margin for the quarter that ended in Sep. 2022 was %.

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


VELO's Pretax Margin % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 4.655
* Ranked among companies with meaningful Pretax Margin % only.

Velocity Acquisition Pretax Margin % Historical Data

The historical data trend for Velocity Acquisition'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.

Velocity Acquisition Pretax Margin % Chart

Velocity Acquisition Annual Data
Trend Dec20 Dec21
Pretax Margin %
- -

Velocity Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Pretax Margin % Get a 7-Day Free Trial - - - - -

Competitive Comparison of Velocity Acquisition's Pretax Margin %

For the Shell Companies subindustry, Velocity Acquisition'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.

Velocity Acquisition's Pretax Margin % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Velocity Acquisition's Pretax Margin % distribution charts can be found below:

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


Velocity Acquisition 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.

Velocity Acquisition's Pretax Margin for the fiscal year that ended in Dec. 2021 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2021 )/Revenue (A: Dec. 2021 )
=10.267/0
= %

Velocity Acquisition's Pretax Margin for the quarter that ended in Sep. 2022 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2022 )/Revenue (Q: Sep. 2022 )
=1.306/0
= %

* 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.

Velocity Acquisition  (NAS:VELO) 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.

Velocity Acquisition Pretax Margin % Related Terms

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Velocity Acquisition (Velocity Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Velocity Acquisition Corp (NAS:VELO) » Definitions » Pretax Margin %
Comparable Companies
LDHA OSI ZWRK IXAQ HWKZ ITQ GNAC OSTR VLAT TMAC GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
109 Old Branchville Road, Ridgefield, CT, USA, 06877
Website
https://www.velocityacq.co
Velocity Acquisition Corp is a blank check company.
Executives
Nicolas Brien officer: Chief Strategy Officer C/O CBS OUTDOOR AMERICAS INC., 405 LEXINGTON AVENUE, NEW YORK NY 10174
Ramin Arani director C/O LIVEXLIVE MEDIA, INC, 920 SUNSET BOULEVARD, SUITE #1201, WEST HOLLYWOOD CA 90069
Garrett Schreiber officer: Chief Financial Officer 3 MINETTA STREET, NEW YORK NY 10012
Sanjay Chadda director 3 MINETTA STREET, NEW YORK NY 10012
Michael Lastoria director C/O VELOCITY ACQUISITION CORP., 109 OLD BRANCHVILLE RD, RIDGEFIELD CT 06877
Steve Kassin director C/O VELOCITY ACQUISITION CORP., 109 OLD BRANCHVILLE RD, RIDGEFIELD CT 06877
Adrian Covey director, officer: Chief Executive Officer C/O VELOCITY ACQUISITION CORP., 109 OLD BRANCHVILLE RD, RIDGEFIELD CT 06877
Velocity Sponsor Llc 10 percent owner C/O VELOCITY ACQUISITION CORP., 109 OLD BRANCHVILLE RD, RIDGEFIELD CT 06877
Carla Hendra director C/O VELOCITY ACQUISITION CORP., 109 OLD BRANCHVILLE RD, RIDGEFIELD CT 06877
Judge Graham officer: Chief Digital Officer C/O VELOCITY ACQUISITION CORP., 109 OLD BRANCHVILLE RD, RIDGEFIELD CT 06877
Velocity Sponsor Manager Llc 10 percent owner C/O VELOCITY ACQUISITION CORP., 109 OLD BRANCHVILLE RD, RIDGEFIELD CT 06877