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Believe (XPAR:BLV) Pretax Margin % : -0.44% (As of Jun. 2024)


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What is Believe Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Believe's Pre-Tax Income for the six months ended in Jun. 2024 was €-2.1 Mil. Believe's Revenue for the six months ended in Jun. 2024 was €474.1 Mil. Therefore, Believe's pretax margin for the quarter that ended in Jun. 2024 was -0.44%.

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

XPAR:BLV' s Pretax Margin % Range Over the Past 10 Years
Min: -4.53   Med: -1.34   Max: 2.43
Current: -1.43


XPAR:BLV's Pretax Margin % is ranked worse than
58.07% of 1028 companies
in the Media - Diversified industry
Industry Median: 1.795 vs XPAR:BLV: -1.43

Believe Pretax Margin % Historical Data

The historical data trend for Believe'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.

Believe Pretax Margin % Chart

Believe Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 2.43 -4.39 -4.53 -1.82 -0.86

Believe Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.31 -3.13 0.92 -2.44 -0.44

Competitive Comparison of Believe's Pretax Margin %

For the Entertainment subindustry, Believe'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.


Believe's Pretax Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Believe's Pretax Margin % distribution charts can be found below:

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



Believe 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.

Believe'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 )
=-7.55/880.312
=-0.86 %

Believe'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 )
=-2.103/474.131
=-0.44 %

* 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.


Believe  (XPAR:BLV) 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.


Believe Pretax Margin % Related Terms

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Believe Business Description

Traded in Other Exchanges
Address
24 rue Toulouse Lautrec, Paris, FRA, 75017
Believe SA specializes in the sale and promotion of audio and video content from artists and independent labels. The company has identified two operating segments which is Premium Solutions & Automated Solutions and Central Platform. Premium solutions this consists mainly of the sale, promotion and delivery of digital content provided by artists and labels for which the Group is responsible for developing their catalog on digital platforms and social media, as appropriate, using a split revenue model. Automated Solutions whereby the Group enables artists, via its TuneCore digital platform, to distribute their audio content in an automated manner to streaming and social media platforms in return for a subscription fee or margin. It generates majority of its revenue from Premium Solutions.

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