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HUB24 (ASX:HUB) Pretax Margin % : 18.47% (As of Dec. 2023)


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What is HUB24 Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. HUB24's Pre-Tax Income for the six months ended in Dec. 2023 was A$28.6 Mil. HUB24's Revenue for the six months ended in Dec. 2023 was A$154.8 Mil. Therefore, HUB24's pretax margin for the quarter that ended in Dec. 2023 was 18.47%.

The historical rank and industry rank for HUB24's Pretax Margin % or its related term are showing as below:

ASX:HUB' s Pretax Margin % Range Over the Past 10 Years
Min: -254.19   Med: 11.21   Max: 18.31
Current: 18.31


ASX:HUB's Pretax Margin % is ranked worse than
51.69% of 770 companies
in the Capital Markets industry
Industry Median: 19.495 vs ASX:HUB: 18.31

HUB24 Pretax Margin % Historical Data

The historical data trend for HUB24'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.

HUB24 Pretax Margin % Chart

HUB24 Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.26 11.63 14.22 11.15 17.64

HUB24 Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.92 8.38 17.13 18.14 18.47

Competitive Comparison of HUB24's Pretax Margin %

For the Capital Markets subindustry, HUB24'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.


HUB24's Pretax Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, HUB24's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where HUB24's Pretax Margin % falls into.



HUB24 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.

HUB24's Pretax Margin for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=48.742/276.307
=17.64 %

HUB24'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 )
=28.593/154.802
=18.47 %

* 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.


HUB24  (ASX:HUB) 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.


HUB24 Pretax Margin % Related Terms

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HUB24 (ASX:HUB) Business Description

Traded in Other Exchanges
N/A
Address
7 Macquarie Place, Level 2, Sydney, NSW, AUS, 2000
Hub24 is a diversified financial services business. The firm's core platform segment engages in the development and provision of custodial and noncustodial administration services to financial advisers, stockbrokers, accountants, and their clients. The tech solutions segment provides a range of technology and data services, as well as cloud-based software. Hub24 serves individuals, companies, trusts, associations, or self-managed superannuation funds. The firm has 6.3% share of the Australian platform market, in contrast to the largest five providers with an average market share of 14.5% each.

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