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Silver Spike Investment (Silver Spike Investment) Pretax Margin % : 69.01% (As of Dec. 2023)


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What is Silver Spike Investment Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Silver Spike Investment's Pre-Tax Income for the three months ended in Dec. 2023 was $2.50 Mil. Silver Spike Investment's Revenue for the three months ended in Dec. 2023 was $3.62 Mil. Therefore, Silver Spike Investment's pretax margin for the quarter that ended in Dec. 2023 was 69.01%.

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

SSIC' s Pretax Margin % Range Over the Past 10 Years
Min: -5630   Med: -2778.42   Max: 73.17
Current: 73.17


SSIC's Pretax Margin % is ranked better than
98.92% of 1022 companies
in the Drug Manufacturers industry
Industry Median: 4.555 vs SSIC: 73.17

Silver Spike Investment Pretax Margin % Historical Data

The historical data trend for Silver Spike Investment'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.

Silver Spike Investment Pretax Margin % Chart

Silver Spike Investment Annual Data
Trend Mar21 Mar22 Dec23
Pretax Margin %
- -5,630.00 73.17

Silver Spike Investment Quarterly Data
Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only 71.91 82.44 73.71 66.74 69.01

Competitive Comparison of Silver Spike Investment's Pretax Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Silver Spike Investment'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.


Silver Spike Investment's Pretax Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Silver Spike Investment's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Silver Spike Investment's Pretax Margin % falls into.



Silver Spike Investment 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.

Silver Spike Investment'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 )
=7.34/10.032
=73.17 %

Silver Spike Investment'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 )
=2.498/3.62
=69.01 %

* 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.


Silver Spike Investment  (NAS:SSIC) 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.


Silver Spike Investment Pretax Margin % Related Terms

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Silver Spike Investment (Silver Spike Investment) Business Description

Traded in Other Exchanges
N/A
Address
600 Madison Avenue, Suite 1800, New York, NY, USA, 10022
Silver Spike Investment Corp is a closed-end management investment company formed to invest in companies across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately-held cannabis businesses.
Executives
Umesh Mahajan officer: Chief Financial Officer 600 MADISON AVENUE, SUITE 1800, NEW YORK NY 10022
Scott Gordon director, 10 percent owner, officer: Chief Executive Officer 1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Gregory M. Gentile 10 percent owner, officer: CFO, CCO & Sec. 1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Silver Spike Capital, Llc 10 percent owner 600 MADISON AVE, SUITE 1800, NEW YORK NY 10022
Warson Tracey Brophy director 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Silver Spike Holdings, Lp 10 percent owner 600 MADISON AVENUE, SUITE 1800, NEW YORK NY 10022
Michael William Chorske director 660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065
Vivek Bunty Bohra director 660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065
Silver Spike Holdings Gp, Llc 10 percent owner 660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065
Da Corte Americo director 660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065