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Prenetics Global (Prenetics Global) Pretax Margin % : -277.41% (As of Dec. 2023)


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What is Prenetics Global Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Prenetics Global's Pre-Tax Income for the three months ended in Dec. 2023 was $-14.64 Mil. Prenetics Global's Revenue for the three months ended in Dec. 2023 was $5.28 Mil. Therefore, Prenetics Global's pretax margin for the quarter that ended in Dec. 2023 was -277.41%.

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

PRE' s Pretax Margin % Range Over the Past 10 Years
Min: -1727.87   Med: -260.63   Max: -5.98
Current: -161.41


PRE's Pretax Margin % is ranked worse than
77.23% of 224 companies
in the Medical Diagnostics & Research industry
Industry Median: -11.2 vs PRE: -161.41

Prenetics Global Pretax Margin % Historical Data

The historical data trend for Prenetics Global'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.

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Prenetics Global Pretax Margin % Chart

Prenetics Global Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
-226.07 -5.98 -1,727.87 -1,715.44 -260.63

Prenetics Global Quarterly Data
Dec19 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 -1,624.26 -62.01 -277.07 -261.76 -277.41

Competitive Comparison of Prenetics Global's Pretax Margin %

For the Diagnostics & Research subindustry, Prenetics Global'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.


Prenetics Global's Pretax Margin % Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Prenetics Global's Pretax Margin % distribution charts can be found below:

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



Prenetics Global 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.

Prenetics Global'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 )
=-56.669/21.743
=-260.63 %

Prenetics Global'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 )
=-14.639/5.277
=-277.41 %

* 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.


Prenetics Global  (NAS:PRE) 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.


Prenetics Global Pretax Margin % Related Terms

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Prenetics Global (Prenetics Global) Business Description

Traded in Other Exchanges
N/A
Address
Unit 701-706, K11 Atelier King’s Road, 728 King’s Road, Quarry Bay, Hong Kong, HKG
Prenetics Global Ltd is a diagnostic and genetic testing company. It is a genomics and precision oncology company that has devised a method to integrate early detection for cancer, targeted therapy and direct-to-consumer genetic testing services into one comprehensive platform. It operates in two segments. The prevention segment includes the design & sale of genetics testing (including update services) & stool-based DNA tests for early colorectal cancer screening. The diagnostic segment includes the sale of COVID-19 testing services & products and precision oncology services. The majority of revenue is from the diagnostics segment. Geographically, it operates in Hong Kong and the United Kingdom, out of which the majority is from Hong Kong.