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Teco 2030 ASA (Teco 2030 ASA) Pretax Margin % : -2,689.61% (As of Sep. 2023)


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What is Teco 2030 ASA Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Teco 2030 ASA's Pre-Tax Income for the three months ended in Sep. 2023 was $-2.07 Mil. Teco 2030 ASA's Revenue for the three months ended in Sep. 2023 was $0.08 Mil. Therefore, Teco 2030 ASA's pretax margin for the quarter that ended in Sep. 2023 was -2,689.61%.

The historical rank and industry rank for Teco 2030 ASA's Pretax Margin % or its related term are showing as below:

TECFF' s Pretax Margin % Range Over the Past 10 Years
Min: -1459.51   Med: -821.04   Max: -436.52
Current: -1459.51


TECFF's Pretax Margin % is ranked worse than
99.09% of 2977 companies
in the Industrial Products industry
Industry Median: 6.53 vs TECFF: -1459.51

Teco 2030 ASA Pretax Margin % Historical Data

The historical data trend for Teco 2030 ASA'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.

Teco 2030 ASA Pretax Margin % Chart

Teco 2030 ASA Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Pretax Margin %
- -1,383.19 -436.44 -820.73

Teco 2030 ASA Quarterly Data
Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -524.09 -2,289.04 -396.21 1,861.81 -2,689.61

Competitive Comparison of Teco 2030 ASA's Pretax Margin %

For the Specialty Industrial Machinery subindustry, Teco 2030 ASA'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.


Teco 2030 ASA's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Teco 2030 ASA's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Teco 2030 ASA's Pretax Margin % falls into.



Teco 2030 ASA 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.

Teco 2030 ASA's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=-9.422/1.148
=-820.73 %

Teco 2030 ASA'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 )
=-2.071/0.077
=-2,689.61 %

* 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.


Teco 2030 ASA  (OTCPK:TECFF) 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.


Teco 2030 ASA Pretax Margin % Related Terms

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Teco 2030 ASA (Teco 2030 ASA) Business Description

Traded in Other Exchanges
Address
Lysaker Torg 12, Lysaker, NOR, 1366
Teco 2030 ASA is an engineering and equipment development company in the renewable energy sector. The company is developing technologies for marine emission reduction like Proton-exchange membrane fuel cells system integration and particulate and black carbon capture for exhaust gas cleaning. Its solutions include TECO PEM Fuel cells, TECO Future Funnel, TECO Future Funnel, and TECO Fuel Cell Factory. Its geographical segments are the United States and Malaysia, of which the USA accounts for the majority of the revenue.