GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » WAM Active Ltd (ASX:WAA) » Definitions » Pretax Margin %

WAM Active (ASX:WAA) Pretax Margin % : 102.26% (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is WAM Active Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. WAM Active's Pre-Tax Income for the six months ended in Dec. 2023 was A$5.65 Mil. WAM Active's Revenue for the six months ended in Dec. 2023 was A$5.52 Mil. Therefore, WAM Active's pretax margin for the quarter that ended in Dec. 2023 was 102.26%.

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

ASX:WAA' s Pretax Margin % Range Over the Past 10 Years
Min: -46633.33   Med: 75.53   Max: 109.93
Current: 94.6


ASX:WAA's Pretax Margin % is ranked better than
55.96% of 1662 companies
in the Asset Management industry
Industry Median: 90.98 vs ASX:WAA: 94.60

WAM Active Pretax Margin % Historical Data

The historical data trend for WAM Active'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.

WAM Active Pretax Margin % Chart

WAM Active 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 33.48 -46,633.33 85.22 109.93 86.76

WAM Active 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 50.53 105.98 87.85 85.79 102.26

Competitive Comparison of WAM Active's Pretax Margin %

For the Asset Management subindustry, WAM Active'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.


WAM Active's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, WAM Active's Pretax Margin % distribution charts can be found below:

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



WAM Active 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.

WAM Active'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 )
=7.898/9.103
=86.76 %

WAM Active'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 )
=5.645/5.52
=102.26 %

* 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.


WAM Active  (ASX:WAA) 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.


WAM Active Pretax Margin % Related Terms

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


WAM Active (ASX:WAA) Business Description

Traded in Other Exchanges
N/A
Address
Governor Phillip Tower, Level 26, 1 Farrer Place, Sydney, NSW, AUS, 2000
WAM Active Ltd is an asset management company. Its principal activity is making investments in listed companies. Its investment objectives are to deliver investors a regular income stream in the form of fully franked dividends; provide investors with a positive return, after fees, along with low volatility over most periods; and preserve capital in both the short term and long term.

WAM Active (ASX:WAA) Headlines

No Headlines