HG Holdings (OTCPK:STLY) Pretax Margin %

: -37.73% (As of Mar. 2023)

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Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. HG Holdings's Pre-Tax Income for the three months ended in Mar. 2023 was $-0.83 Mil. HG Holdings's Revenue for the three months ended in Mar. 2023 was $2.20 Mil. Therefore, HG Holdings's pretax margin for the quarter that ended in Mar. 2023 was -37.73%.

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

STLY' s Pretax Margin % Range Over the Past 10 Years
Min: -13.08 Med: 9.21 Max: 76.82
Current: 21.49

STLY's Pretax Margin % is ranked better than
70.87% of 103 companies
in the Diversified Financial Services industry
Industry Median: 3.53 vs STLY: 21.49

HG Holdings Pretax Margin % Historical Data

The historical data trend for HG Holdings'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.

HG Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Pretax Margin %

9.21

76.82

23.75

HG Holdings Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Pretax Margin %																-33.22	-16.66	46.48	32.53	-37.73

HG Holdings 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.

HG Holdings'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 )
	=	3.683	/	15.507
	=	23.75 %

HG Holdings's Pretax Margin for the quarter that ended in Mar. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	-0.829	/	2.197
	=	-37.73 %

HG Holdings (OTCPK:STLY) 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.

HG Holdings Pretax Margin % Related Terms

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HG Holdings (OTCPK:STLY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » HG Holdings Inc (OTCPK:STLY) » Definitions » Pretax Margin %

Traded in Other Exchanges

N/A

Address

2115 East 7th Street, Suite 101, Charlotte, NC, USA, 28204

Website

https://www.hgholdingsinc.net

HG Holdings, Inc, together with its consolidated subsidiaries, operates through its wholly owned subsidiarie. The Company engages in the business of providing title insurance through the subsidiary NCTIC and providing title agency services through the subsidiaries NCTG, TAV, and Omega. Through NCTIC, the Company underwrites land title insurance for owners and mortgagees as the primary insurer. The Company currently only provides title insurance services in the state of Florida.

Executives

Justin Hayles Edenfield	officer: Prin. Accting & Fin. Officer	6265 OLD WATER OAK ROAD, SUITE 204, TALLAHASSEE FL 32312
Peter Mark Sherman	director	4409 MICKLETON ROAD, CHARLOTTE NC 28226
Matthew Hultquist	director	ONE CORPORATE CENTER, RYE NY 10580
Bradley G Garner	officer: CFO and CAO	2115 E. 7TH STREET, SUITE 101, CHARLOTTE NC 28211
Hale Partnership Fund, L.p.	10 percent owner	3335 PARK SOUTH STATION BLVD., CHARLOTTE NC 28210
Hale Partnership Capital Management, Llc	10 percent owner	5960 FAIRVIEW ROAD, SUITE 432, CHARLOTTE NC 28210
Hale Steven A Ii	director, 10 percent owner	5960 FAIRVIEW ROAD, SUITE 432, CHARLOTTE NC 28210
Matthew Wood Smith	officer: Interim Chief Exec. Officer	200 N. HAMILTON STREET, HIGH POINT NC 27260
Solas Capital Management, Llc	10 percent owner	1063 POST ROAD, 2ND FLOOR, DARIEN CT 06820
Tucker Golden Frederick	10 percent owner	C/O SOLAS CAPITAL MANAGEMENT, LLC, 1063 POST ROAD, 2ND FLOOR, DARIEN CT 06820
Talanta Investment Group, Llc	director, 10 percent owner	401 N. TRYON STREET, 10TH FLOOR, CHARLOTTE NC 28202
Justyn Rendal Putnam	director	200 N. HAMILTON STREET, NO. 200, HIGH POINT NC 27260
Jeffrey Stuart Gilliam	director	200 N. HAMILTON STREET, NO. 200, HIGH POINT NC 27260
Ian Dundee Lapey	director	200 N. HAMILTON STREET, NO. 200, HIGH POINT NC 27260
Wimmer Anita W Mrs	officer: Vice President - Finance	2115 E. 7TH STREET, SUITE 101, CHARLOTTE NC 28211