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Primech Holdings (Primech Holdings) Pretax Margin % : -0.61% (As of Sep. 2023)


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What is Primech Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Primech Holdings's Pre-Tax Income for the six months ended in Sep. 2023 was $-0.22 Mil. Primech Holdings's Revenue for the six months ended in Sep. 2023 was $35.16 Mil. Therefore, Primech Holdings's pretax margin for the quarter that ended in Sep. 2023 was -0.61%.

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

PMEC' s Pretax Margin % Range Over the Past 10 Years
Min: -3.7   Med: -0.49   Max: 11.61
Current: -1.29


PMEC's Pretax Margin % is ranked worse than
77.99% of 1063 companies
in the Business Services industry
Industry Median: 5.49 vs PMEC: -1.29

Primech Holdings Pretax Margin % Historical Data

The historical data trend for Primech Holdings'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.

Primech Holdings Pretax Margin % Chart

Primech Holdings Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Pretax Margin %
1.04 11.61 -2.02 -3.70

Primech Holdings Semi-Annual Data
Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Pretax Margin % Get a 7-Day Free Trial 1.55 -5.34 -5.66 -1.94 -0.61

Competitive Comparison of Primech Holdings's Pretax Margin %

For the Specialty Business Services subindustry, Primech Holdings'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.


Primech Holdings's Pretax Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Primech Holdings's Pretax Margin % distribution charts can be found below:

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



Primech Holdings 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.

Primech Holdings'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 )
=-2.557/69.026
=-3.70 %

Primech Holdings's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-0.215/35.161
=-0.61 %

* 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.


Primech Holdings  (NAS:PMEC) 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.


Primech Holdings Pretax Margin % Related Terms

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Primech Holdings (Primech Holdings) Business Description

Traded in Other Exchanges
N/A
Address
23 Ubi Crescent, Singapore, SGP, 408579
Primech Holdings Ltd is a technology-driven facilities services provider in the public and private sectors operating mainly in Singapore. The services offered by the company include Facilities services, Stewarding services, Cleaning services to offices, Cleaning services to homes, and Cleaning Supplies.

Primech Holdings (Primech Holdings) Headlines