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XTM (XTMIF) Pretax Margin % : -172.50% (As of Sep. 2024)


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What is XTM Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. XTM's Pre-Tax Income for the three months ended in Sep. 2024 was $-3.07 Mil. XTM's Revenue for the three months ended in Sep. 2024 was $1.78 Mil. Therefore, XTM's pretax margin for the quarter that ended in Sep. 2024 was -172.50%.

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

XTMIF' s Pretax Margin % Range Over the Past 10 Years
Min: -421.69   Med: -235.15   Max: -145.93
Current: -259.11


XTMIF's Pretax Margin % is ranked worse than
94.23% of 2758 companies
in the Software industry
Industry Median: 3.085 vs XTMIF: -259.11

XTM Pretax Margin % Historical Data

The historical data trend for XTM'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.

XTM Pretax Margin % Chart

XTM Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial -232.98 -421.62 -241.52 -153.49 -237.39

XTM 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 -262.71 -369.18 -287.75 -238.34 -172.50

Competitive Comparison of XTM's Pretax Margin %

For the Information Technology Services subindustry, XTM'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.


XTM's Pretax Margin % Distribution in the Software Industry

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

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



XTM 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.

XTM'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 )
=-11.988/5.05
=-237.39 %

XTM'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 )
=-3.074/1.782
=-172.50 %

* 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.


XTM  (OTCPK:XTMIF) 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.


XTM Pretax Margin % Related Terms

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XTM Business Description

Traded in Other Exchanges
Address
67 Mowat Avenue, Suite 437, Toronto, ON, CAN, M6K 1E3
XTM Inc is a fintech company providing payment solutions, including fully certified Earned Wage Access through its AnyDay product. It operates in the cloud banking space, providing on-demand pay solutions to businesses in the hospitality, personal care, and services staffing industries. The company's solution and products portfolio includes issuing cards, pre-authorized debit, direct deposit accounts, digital banking, Visa Direct/Mastercard Send, tip calculator, and Vert Credit Program. Its sole operating segment is the provision of earned wage access software platform. Geographically, a majority of its revenue is derived from Canada and the rest from the United States.