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FLYHT Aerospace Solutions (FLYHT Aerospace Solutions) Pretax Margin % : -35.49% (As of Dec. 2023)


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What is FLYHT Aerospace Solutions Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. FLYHT Aerospace Solutions's Pre-Tax Income for the three months ended in Dec. 2023 was $-1.12 Mil. FLYHT Aerospace Solutions's Revenue for the three months ended in Dec. 2023 was $3.16 Mil. Therefore, FLYHT Aerospace Solutions's pretax margin for the quarter that ended in Dec. 2023 was -35.49%.

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

FLYLF' s Pretax Margin % Range Over the Past 10 Years
Min: -62.18   Med: -18.17   Max: 12.02
Current: -19.26


FLYLF's Pretax Margin % is ranked worse than
84.26% of 305 companies
in the Aerospace & Defense industry
Industry Median: 5.69 vs FLYLF: -19.26

FLYHT Aerospace Solutions Pretax Margin % Historical Data

The historical data trend for FLYHT Aerospace 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.

FLYHT Aerospace Solutions Pretax Margin % Chart

FLYHT Aerospace Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.53 -23.70 -51.76 -4.15 -20.04

FLYHT Aerospace Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.60 -34.66 - -14.17 -35.49

Competitive Comparison of FLYHT Aerospace Solutions's Pretax Margin %

For the Aerospace & Defense subindustry, FLYHT Aerospace 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.


FLYHT Aerospace Solutions's Pretax Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, FLYHT Aerospace Solutions's Pretax Margin % distribution charts can be found below:

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



FLYHT Aerospace 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.

FLYHT Aerospace Solutions'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 )
=-3.009/15.016
=-20.04 %

FLYHT Aerospace 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 )
=-1.123/3.164
=-35.49 %

* 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.


FLYHT Aerospace Solutions  (OTCPK:FLYLF) 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.


FLYHT Aerospace Solutions Pretax Margin % Related Terms

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FLYHT Aerospace Solutions (FLYHT Aerospace Solutions) Business Description

Traded in Other Exchanges
Address
1212 – 31 Avenue Northeast, Suite 500, Calgary, AB, CAN, T2E 7S8
FLYHT Aerospace Solutions Ltd provides airlines with Actionable Intelligence to transform operational insight into immediate, quantifiable action, and delivers industry leading solutions to improve aviation safety, efficiency, and profitability. This unique capability is driven by a suite of patented aircraft-certified hardware products, including AFIRS, the AFIRS Edge, TAMDAR and FLYHT-WVSS-II. The company's product and services include SaaS, Hardware, Licensing and Technical Services. Geographically, the company operates in United States & Mexico, Asia, China, Middle East, Canada, Australia, Africa, Europe and South/Central America.