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Provide IT Sweden AB (XSAT:PROVIT) Pretax Margin % : -2.85% (As of Sep. 2024)


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What is Provide IT Sweden AB Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Provide IT Sweden AB's Pre-Tax Income for the three months ended in Sep. 2024 was kr-0.16 Mil. Provide IT Sweden AB's Revenue for the three months ended in Sep. 2024 was kr5.75 Mil. Therefore, Provide IT Sweden AB's pretax margin for the quarter that ended in Sep. 2024 was -2.85%.

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

XSAT:PROVIT' s Pretax Margin % Range Over the Past 10 Years
Min: 0.47   Med: 11.8   Max: 46.08
Current: 0.47


XSAT:PROVIT's Pretax Margin % is ranked worse than
57% of 2758 companies
in the Software industry
Industry Median: 3.085 vs XSAT:PROVIT: 0.47

Provide IT Sweden AB Pretax Margin % Historical Data

The historical data trend for Provide IT Sweden AB'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.

Provide IT Sweden AB Pretax Margin % Chart

Provide IT Sweden AB Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only 6.22 16.09 11.21 11.80 0.55

Provide IT Sweden AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -6.87 6.73 -0.07 -2.83 -2.85

Competitive Comparison of Provide IT Sweden AB's Pretax Margin %

For the Software - Application subindustry, Provide IT Sweden AB'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.


Provide IT Sweden AB's Pretax Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Provide IT Sweden AB's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Provide IT Sweden AB's Pretax Margin % falls into.



Provide IT Sweden AB 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.

Provide IT Sweden AB's Pretax Margin for the fiscal year that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=0.161/29.206
=0.55 %

Provide IT Sweden AB's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-0.164/5.748
=-2.85 %

* 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.


Provide IT Sweden AB  (XSAT:PROVIT) 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.


Provide IT Sweden AB Pretax Margin % Related Terms

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Provide IT Sweden AB Business Description

Traded in Other Exchanges
N/A
Address
Gotabergsgatan 20, Gothenburg, SWE, 41134
Provide IT Sweden AB is a digital production company. The company is engaged in the development of web and mobile applications. It provides websites, applications, portals, and e-commerce to national and foreign companies.

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