GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Forafric Global PLC (NAS:AFRI) » Definitions » Pretax Margin %

Forafric Global (Forafric Global) Pretax Margin % : -5.45% (As of Jun. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Forafric Global Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Forafric Global's Pre-Tax Income for the six months ended in Jun. 2023 was $-7.9 Mil. Forafric Global's Revenue for the six months ended in Jun. 2023 was $145.6 Mil. Therefore, Forafric Global's pretax margin for the quarter that ended in Jun. 2023 was -5.45%.

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

AFRI' s Pretax Margin % Range Over the Past 10 Years
Min: -7.99   Med: -3.05   Max: -3.01
Current: -7.99


AFRI's Pretax Margin % is ranked worse than
83.58% of 1857 companies
in the Consumer Packaged Goods industry
Industry Median: 4.23 vs AFRI: -7.99

Forafric Global Pretax Margin % Historical Data

The historical data trend for Forafric Global'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.

Forafric Global Pretax Margin % Chart

Forafric Global Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Pretax Margin %
-3.05 - -3.01 -7.33

Forafric Global Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Pretax Margin % Get a 7-Day Free Trial 0.97 -6.43 -4.36 -10.73 -5.45

Competitive Comparison of Forafric Global's Pretax Margin %

For the Farm Products subindustry, Forafric Global'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.


Forafric Global's Pretax Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Forafric Global's Pretax Margin % distribution charts can be found below:

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



Forafric Global 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.

Forafric Global's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=-21.228/289.772
=-7.33 %

Forafric Global's Pretax Margin for the quarter that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=-7.93/145.616
=-5.45 %

* 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.


Forafric Global  (NAS:AFRI) 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.


Forafric Global Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Forafric Global's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Forafric Global (Forafric Global) Business Description

Traded in Other Exchanges
N/A
Address
Mustapha Jamaleddine, Unit 5.3, Madison Building, Midtown, Queensway, GIB, GX11 1AA
Forafric Global PLC is engaged in production and sale of a variety of wheat flours, Semolina and Pasta and Couscous in Morocco and in more than 45 countries. The two main brands in Morocco are MAYMOUNA and TRIA. The company derives majority of its revenue from Soft wheat.
Executives
Paul Packer director, 10 percent owner, officer: CEO; CFO; Secretary C/O GLOBIS CAPITAL PARTNERS LP, 60 BROAD ST, NEW YORK NY 10004
Michael Ferguson director 525 EXECUTIVE BOULEVARD, ELMSFORD NY 10523
John M Horne director P.O. BOX 547, JOHNSON AR 72741
Claude Benitah director NITSANA, 9, TEL-AVIV-YAFO L3 6811709
Globis Spac Llc 10 percent owner 805 3RD AVENUE, 15TH FLOOR, NEW YORK NY 10022

Forafric Global (Forafric Global) Headlines