Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Wave Sync's Pre-Tax Income for the
three
months ended in Mar. 2022 was $-0.16 Mil. Wave Sync's Revenue for the
three
months ended in Mar. 2022 was $0.79 Mil. Therefore, Wave Sync's pretax margin for the quarter that ended in Mar. 2022 was -20.53%.
The historical rank and industry rank for Wave Sync's Pretax Margin % or its related term are showing as below:
WAYS's Pretax Margin % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 4.43 * Ranked among companies with meaningful Pretax Margin % only.
Wave Sync Pretax Margin % Historical Data
The historical data trend for Wave Sync'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.
Competitive Comparison of Wave Sync's Pretax Margin %
For the Shell Companies subindustry, Wave Sync'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.
Wave Sync's Pretax Margin % Distribution in the Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Wave Sync's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Wave Sync's Pretax Margin % falls into.
Wave Sync 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.
Wave Sync's Pretax Margin for the fiscal year that ended in Dec. 2021 is calculated as
* 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.
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.
Wave Sync Pretax Margin % Related Terms
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