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Thorney Technologies (Thorney Technologies) Pretax Margin % : 117.24% (As of Dec. 2023)


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What is Thorney Technologies Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Thorney Technologies's Pre-Tax Income for the six months ended in Dec. 2023 was $-6.09 Mil. Thorney Technologies's Revenue for the six months ended in Dec. 2023 was $-5.20 Mil. Therefore, Thorney Technologies's pretax margin for the quarter that ended in Dec. 2023 was 117.24%.

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

GNWKY' s Pretax Margin % Range Over the Past 10 Years
Min: -8.03   Med: 76.43   Max: 113.17
Current: 112.18


GNWKY's Pretax Margin % is ranked better than
87.32% of 1656 companies
in the Asset Management industry
Industry Median: 90.93 vs GNWKY: 112.18

Thorney Technologies Pretax Margin % Historical Data

The historical data trend for Thorney Technologies'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.

Thorney Technologies Pretax Margin % Chart

Thorney Technologies Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.62 9.64 94.52 106.23 113.17

Thorney Technologies 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 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 88.53 102.02 120.14 109.53 117.24

Competitive Comparison of Thorney Technologies's Pretax Margin %

For the Asset Management subindustry, Thorney Technologies'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.


Thorney Technologies's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Thorney Technologies's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Thorney Technologies's Pretax Margin % falls into.



Thorney Technologies 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.

Thorney Technologies'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 )
=-17.129/-15.136
=113.17 %

Thorney Technologies'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 )
=-6.094/-5.198
=117.24 %

* 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.


Thorney Technologies  (OTCPK:GNWKY) 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.


Thorney Technologies Pretax Margin % Related Terms

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Thorney Technologies (Thorney Technologies) Business Description

Traded in Other Exchanges
Address
55 Collins Street, Level 39, Melbourne, VIC, AUS, 3000
Thorney Technologies Ltd is an investment company. Its principal activity is investing in global listed, and unlisted, technology investments such as fin-tech, e-commerce, education, agriculture, medical, telecommunication, robotics, and AI at all phases of the investment lifecycle. It is established in Australia, Israel, and USA.

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