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Hour Loop (Hour Loop) Pretax Margin % : 6.09% (As of Mar. 2024)


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What is Hour Loop Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hour Loop's Pre-Tax Income for the three months ended in Mar. 2024 was $1.5 Mil. Hour Loop's Revenue for the three months ended in Mar. 2024 was $24.7 Mil. Therefore, Hour Loop's pretax margin for the quarter that ended in Mar. 2024 was 6.09%.

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


HOUR's Pretax Margin % is not ranked *
in the Retail - Cyclical industry.
Industry Median: 3.01
* Ranked among companies with meaningful Pretax Margin % only.

Hour Loop Pretax Margin % Historical Data

The historical data trend for Hour Loop'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.

Hour Loop Pretax Margin % Chart

Hour Loop Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
-1.60 9.90 8.75 -2.02 -2.39

Hour Loop Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -7.88 -3.97 0.08 -1.06 6.09

Competitive Comparison of Hour Loop's Pretax Margin %

For the Internet Retail subindustry, Hour Loop'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.


Hour Loop's Pretax Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hour Loop's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Hour Loop's Pretax Margin % falls into.



Hour Loop 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.

Hour Loop'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 )
=-3.16/132.124
=-2.39 %

Hour Loop's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=1.503/24.681
=6.09 %

* 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.


Hour Loop  (NAS:HOUR) 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.


Hour Loop Pretax Margin % Related Terms

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Hour Loop (Hour Loop) Business Description

Traded in Other Exchanges
N/A
Address
8201 164th Avenue North East, Redmond, WA, USA, 98052-7615
Hour Loop Inc is a technology-enabled consumer products company that uses machine learning and data analytics to design, develop, market, and sell products. Hour Loop predominantly operates through online retail channels such as Amazon, Walmart, and Hourloop.com. The Company, as an Internet marketplace seller, sells products in multiple categories, including home/garden decor, toys, kitchenware, apparel, and electronics.
Executives
Hillary Hui-chong Bui director C/O HOUR LOOP, INC. 8201 164TH AVE. NE, REDMOND WA 98052-7615
Sau Kuen Yu director, 10 percent owner, officer: Senior Vice President C/O HOUR LOOP, INC.,, 8201 164TH AVE NE, #200, REDMOND WA 98052-7615
Rahul Ray Ratan officer: Chief Financial Officer C/O HOUR LOOP, INC.,, 8201 164TH AVE NE, #200, REDMOND WA 98052-7615
Sam Lai director, 10 percent owner, officer: Chief Executive Officer C/O HOUR LOOP, INC.,, 8201 164TH AVE NE, #200, REDMOND WA 98052-7615
Michael Minkin Lenner director C/O HOUR LOOP, INC.,, 8201 164TH AVE NE, #200, REDMOND WA 98052-7615
Douglas Ian Branch director C/O HOUR LOOP, INC.,, 8201 164TH AVE NE, #200, REDMOND WA 98052-7615
Minghui Gao director C/O HOUR LOOP, INC., 8201 164TH AVE NE, #200, REDMOND WA 98052-7615

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