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Abacus Group (ASX:ABG) Pretax Margin % : -195.46% (As of Dec. 2023)


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What is Abacus Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Abacus Group's Pre-Tax Income for the six months ended in Dec. 2023 was A$-140.21 Mil. Abacus Group's Revenue for the six months ended in Dec. 2023 was A$71.73 Mil. Therefore, Abacus Group's pretax margin for the quarter that ended in Dec. 2023 was -195.46%.

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

ASX:ABG' s Pretax Margin % Range Over the Past 10 Years
Min: -860.61   Med: 98.94   Max: 177.58
Current: -860.61


ASX:ABG's Pretax Margin % is ranked worse than
99.62% of 796 companies
in the REITs industry
Industry Median: 33.985 vs ASX:ABG: -860.61

Abacus Group Pretax Margin % Historical Data

The historical data trend for Abacus 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.

Abacus Group Pretax Margin % Chart

Abacus Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 91.61 47.39 158.90 177.58 -158.16

Abacus Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 243.67 125.66 56.71 1,856.27 -195.46

Competitive Comparison of Abacus Group's Pretax Margin %

For the REIT - Diversified subindustry, Abacus 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.


Abacus Group's Pretax Margin % Distribution in the REITs Industry

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

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



Abacus 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.

Abacus Group's Pretax Margin for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=-232.615/147.075
=-158.16 %

Abacus Group's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-140.205/71.73
=-195.46 %

* 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.


Abacus Group  (ASX:ABG) 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.


Abacus Group Pretax Margin % Related Terms

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Abacus Group (ASX:ABG) Business Description

Traded in Other Exchanges
Address
77 Castlereagh Street, Level 13, Sydney, NSW, AUS, 2000
Abacus Group is primarily focused on storage and office property, with minor interests in other subsectors such as retail property. Its storage business remains an active acquirer and developer of property. Management separated the storage business in mid-2023. We don't view the separation as creating value in itself, however, we view it as a potential catalyst that could prompt the market to recognize latent value in Abacus' assets. However, it will likely take time for the market to get familiar with the two Abacus vehicles and its new structure.