Credit Group (ASX:CCP) Pretax Margin % : -8.09% (As of Dec. 2023)

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What is Credit Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Credit Group's Pre-Tax Income for the six months ended in Dec. 2023 was A$-17.2 Mil. Credit Group's Revenue for the six months ended in Dec. 2023 was A$213.0 Mil. Therefore, Credit Group's pretax margin for the quarter that ended in Dec. 2023 was -8.09%.

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

ASX:CCP' s Pretax Margin % Range Over the Past 10 Years
Min: 7.74 Med: 30.78 Max: 37.27
Current: 15.78

ASX:CCP's Pretax Margin % is ranked worse than
57.74% of 523 companies
in the Credit Services industry
Industry Median: 20.87 vs ASX:CCP: 15.78

Credit Group Pretax Margin % Historical Data

The historical data trend for Credit 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.

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Credit Group Pretax Margin % Chart

Credit Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Pretax Margin %

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32.04

7.74

36.43

37.27

30.72

Credit 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															36.89	37.63	21.47	39.45	-8.09

Competitive Comparison of Credit Group's Pretax Margin %

For the Credit Services subindustry, Credit 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.

Credit Group's Pretax Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Credit Group's Pretax Margin % distribution charts can be found below:

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

Credit 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.

Credit 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 )
	=	128.359	/	417.886
	=	30.72 %

Credit 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 )
	=	-17.239	/	212.986
	=	-8.09 %

Credit Group (ASX:CCP) 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.

Credit Group Pretax Margin % Related Terms

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Credit Group (ASX:CCP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Credit Corp Group Ltd (ASX:CCP) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

201 Kent Street, Level 15, Sydney, NSW, AUS, 2000

Website

https://www.creditcorp.com.au

Credit Corp operates in the distressed consumer debt market. In its core business, it acquires purchased debt ledgers, or PDLs, in Australia and is expanding this business globally by buying PDLs in the United States. These PDLs consist of unsecured debt that are at least six months in arrears and have already been through a collection process. Since 2012, Credit Corp also diversified its business into providing consumer credit to customers who are unable to gain access to credit from primary sources such as banks because of a poor credit history. Its consumer credit business is gaining scale but is also subject to increased regulatory scrutiny.

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