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Nxu (NXU) Pretax Margin % : -163,525.00% (As of Mar. 2024)


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What is Nxu Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Nxu's Pre-Tax Income for the three months ended in Mar. 2024 was $-6.54 Mil. Nxu's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Therefore, Nxu's pretax margin for the quarter that ended in Mar. 2024 was -163,525.00%.

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

NXU' s Pretax Margin % Range Over the Past 10 Years
Min: -8100.4   Med: -8100.4   Max: -6882
Current: -6882


NXU's Pretax Margin % is ranked worse than
99.76% of 2974 companies
in the Industrial Products industry
Industry Median: 6.52 vs NXU: -6882.00

Nxu Pretax Margin % Historical Data

The historical data trend for Nxu'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.

Nxu Pretax Margin % Chart

Nxu Annual Data
Trend Dec21 Dec22 Dec23
Pretax Margin %
- - -8,100.40

Nxu Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -9,359.83 -582.06 -163,525.00

Competitive Comparison of Nxu's Pretax Margin %

For the Electrical Equipment & Parts subindustry, Nxu'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.


Nxu's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nxu's Pretax Margin % distribution charts can be found below:

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



Nxu 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.

Nxu'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 )
=-40.178/0.496
=-8,100.40 %

Nxu'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 )
=-6.541/0.004
=-163,525.00 %

* 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.


Nxu  (NAS:NXU) 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.


Nxu Pretax Margin % Related Terms

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Nxu (NXU) Business Description

Traded in Other Exchanges
N/A
Address
1828 N Higley Road, Suite 116, Mesa, AZ, USA, 85205
Nxu Inc is engaged in Research & development, and manufacturing of Scalable battery packs. The company is making 15-minute charge times possible for the most demanding equipment and vehicle applications. It has Increased energy density, packaging efficiency, and superior thermodynamics making Qcells the solution to today's electrification problem. The company's Products include Qcell, Qube, and Qube Plus.
Executives
Gem Global Yield Llc Scs 10 percent owner 12C, RUE GUILLAUME J. KROLL, LUXEMBOURG N4 L-1882
Jessica Billingsley director AKERNA CORP., 1601 ARAPAHOE ST., DENVER CO 80202
Britt E Ide director 345 BOBWHITE COURT, SUITE 200, BOISE ID 83706
Caryn M. Nightengale director C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Annie Pratt director, 10 percent owner, officer: President C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Apoorv Dwivedi officer: Chief Financial Officer C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Mark Hanchett director, 10 percent owner, officer: Chief Executive Officer C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Kate Sieker officer: VP of People C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Bourgeois Benoit Le officer: VP of User Experience C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Charles David Apps officer: VP of Operations C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205