GURUFOCUS.COM » STOCK LIST » Technology » Software » Coveo Solutions Inc (OTCPK:CVOSF) » Definitions » Pretax Margin %

Coveo Solutions (Coveo Solutions) Pretax Margin % : -20.11% (As of Dec. 2023)


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

What is Coveo Solutions Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Coveo Solutions's Pre-Tax Income for the three months ended in Dec. 2023 was $-6.4 Mil. Coveo Solutions's Revenue for the three months ended in Dec. 2023 was $31.8 Mil. Therefore, Coveo Solutions's pretax margin for the quarter that ended in Dec. 2023 was -20.11%.

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

CVOSF' s Pretax Margin % Range Over the Past 10 Years
Min: -753.75   Med: -94.41   Max: 265.13
Current: -22.81


CVOSF's Pretax Margin % is ranked worse than
75.64% of 2767 companies
in the Software industry
Industry Median: 2.34 vs CVOSF: -22.81

Coveo Solutions Pretax Margin % Historical Data

The historical data trend for Coveo Solutions'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.

Coveo Solutions Pretax Margin % Chart

Coveo Solutions Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Pretax Margin %
-244.37 -94.41 -753.75 265.13 -35.29

Coveo Solutions Quarterly Data
Mar19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -34.92 -25.28 -22.59 -23.41 -20.11

Competitive Comparison of Coveo Solutions's Pretax Margin %

For the Software - Infrastructure subindustry, Coveo Solutions'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.


Coveo Solutions's Pretax Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Coveo Solutions's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Coveo Solutions's Pretax Margin % falls into.



Coveo Solutions 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.

Coveo Solutions's Pretax Margin for the fiscal year that ended in Mar. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=-39.527/112.002
=-35.29 %

Coveo Solutions'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 )
=-6.388/31.761
=-20.11 %

* 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.


Coveo Solutions  (OTCPK:CVOSF) 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.


Coveo Solutions Pretax Margin % Related Terms

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


Coveo Solutions (Coveo Solutions) Business Description

Traded in Other Exchanges
Address
3175 des Quatre-Bourgeois, Suite 200, Quebec, QC, CAN, G1W 2K7
Coveo Solutions Inc is an AI-powered platform. It provides applied AI solutions enabling enterprises to deliver relevant digital experiences at scale. The company's solutions provide value to its customers by helping drive revenue growth, reduce customer support costs, increase customer satisfaction and website engagement, and improve employee proficiency and satisfaction.