ReadCloud (ASX:RCL) Pretax Margin % : -148.53% (As of Sep. 2023)

View and export this data going back to 2018. Start your Free Trial

What is ReadCloud Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. ReadCloud's Pre-Tax Income for the six months ended in Sep. 2023 was A$-3.09 Mil. ReadCloud's Revenue for the six months ended in Sep. 2023 was A$2.08 Mil. Therefore, ReadCloud's pretax margin for the quarter that ended in Sep. 2023 was -148.53%.

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

ASX:RCL' s Pretax Margin % Range Over the Past 10 Years
Min: -65.62 Med: -20.81 Max: -14.76
Current: -21.86

ASX:RCL's Pretax Margin % is ranked worse than
75.15% of 2765 companies
in the Software industry
Industry Median: 2.36 vs ASX:RCL: -21.86

ReadCloud Pretax Margin % Historical Data

The historical data trend for ReadCloud'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.

ReadCloud Pretax Margin % Chart

ReadCloud Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Sep22

Sep23

Pretax Margin %

Get a 7-Day Free Trial

-39.81

-14.76

-15.76

-19.74

-21.87

ReadCloud Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Mar22	Sep22	Mar23	Sep23
Pretax Margin %	Get a 7-Day Free Trial						-1.88	17.17	-	9.99	-148.53

Competitive Comparison of ReadCloud's Pretax Margin %

For the Software - Application subindustry, ReadCloud'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.

ReadCloud's Pretax Margin % Distribution in the Software Industry

For the Software industry and Technology sector, ReadCloud's Pretax Margin % distribution charts can be found below:

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

ReadCloud 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.

ReadCloud's Pretax Margin for the fiscal year that ended in Sep. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Sep. 2023 )	/	Revenue (A: Sep. 2023 )
	=	-2.263	/	10.349
	=	-21.87 %

ReadCloud'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 )
	=	-3.088	/	2.079
	=	-148.53 %

ReadCloud (ASX:RCL) 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.

ReadCloud Pretax Margin % Related Terms

Thank you for viewing the detailed overview of ReadCloud's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

ReadCloud (ASX:RCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ReadCloud Ltd (ASX:RCL) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

126 Church Street, Level 1, Brighton, VIC, AUS, 3186

Website

https://www.readcloud.com

ReadCloud Ltd is an education technology company that offers digital e-learning solutions to secondary schools. The firm operates in two segments: eBook solutions, which is the key revenue driver, and Vocational Education and Training (VET). It provides software solutions, including eBooks, to schools within Australia. In addition, it also provides digital VET course materials and services to schools through its subsidiary Australian Institute of Education and Training Unit Trust, PKY Media Pty Ltd and Ripponlea Institute Pty Ltd, which offers over 40 VET courses and services to schools across Australia.