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GRIT Real Estateome Group (XMAU:DEL.N0000) Pretax Margin % : -187.11% (As of Jun. 2024)


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What is GRIT Real Estateome Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. GRIT Real Estateome Group's Pre-Tax Income for the six months ended in Jun. 2024 was $-66.51 Mil. GRIT Real Estateome Group's Revenue for the six months ended in Jun. 2024 was $35.55 Mil. Therefore, GRIT Real Estateome Group's pretax margin for the quarter that ended in Jun. 2024 was -187.11%.

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

XMAU:DEL.N0000' s Pretax Margin % Range Over the Past 10 Years
Min: -140.79   Med: -16.32   Max: 92.4
Current: -140.66


XMAU:DEL.N0000's Pretax Margin % is ranked worse than
92.26% of 1757 companies
in the Real Estate industry
Industry Median: 9.89 vs XMAU:DEL.N0000: -140.66

GRIT Real Estateome Group Pretax Margin % Historical Data

The historical data trend for GRIT Real Estateome Group'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.

GRIT Real Estateome Group Pretax Margin % Chart

GRIT Real Estateome Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -110.99 -123.80 34.15 -37.95 -140.79

GRIT Real Estateome Group Semi-Annual Data
Dec14 Jun15 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 Premium Member Only 33.36 23.01 -93.88 -82.87 -187.11

Competitive Comparison of GRIT Real Estateome Group's Pretax Margin %

For the Real Estate Services subindustry, GRIT Real Estateome Group'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.


GRIT Real Estateome Group's Pretax Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, GRIT Real Estateome Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where GRIT Real Estateome Group's Pretax Margin % falls into.


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GRIT Real Estateome Group 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.

GRIT Real Estateome Group's Pretax Margin for the fiscal year that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2024 )/Revenue (A: Jun. 2024 )
=-90.074/63.977
=-140.79 %

GRIT Real Estateome Group'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 )
=-66.514/35.548
=-187.11 %

* 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.


GRIT Real Estateome Group  (XMAU:DEL.N0000) 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.


GRIT Real Estateome Group Pretax Margin % Related Terms

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GRIT Real Estateome Group Business Description

Traded in Other Exchanges
Address
The Precinct, Unity Building, M2 Junction, B11 Fond du Sac Road, Grand Baie, MUS, 31301
GRIT Real Estate Income Group Ltd is a real estate income group operating in selected African countries that invest in real estate assets. Its geographical segments include Botswana, Senegal, Morocco, Mozambique, Zambia, Kenya, Ghana, and Mauritius.

GRIT Real Estateome Group Headlines

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