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Freightos (Freightos) Pretax Margin % : -65.82% (As of Dec. 2023)


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What is Freightos Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Freightos's Pre-Tax Income for the three months ended in Dec. 2023 was $-3.46 Mil. Freightos's Revenue for the three months ended in Dec. 2023 was $5.26 Mil. Therefore, Freightos's pretax margin for the quarter that ended in Dec. 2023 was -65.82%.

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

CRGO' s Pretax Margin % Range Over the Past 10 Years
Min: -323.25   Med: -155.31   Max: -128.54
Current: -323.25


CRGO's Pretax Margin % is ranked worse than
99.18% of 972 companies
in the Transportation industry
Industry Median: 6.9 vs CRGO: -323.25

Freightos Pretax Margin % Historical Data

The historical data trend for Freightos'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.

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Freightos Pretax Margin % Chart

Freightos Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Pretax Margin %
-163.51 -147.11 -128.54 -323.25

Freightos Quarterly Data
Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -185.91 -1,021.85 -112.13 -139.06 -65.82

Competitive Comparison of Freightos's Pretax Margin %

For the Integrated Freight & Logistics subindustry, Freightos'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.


Freightos's Pretax Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Freightos's Pretax Margin % distribution charts can be found below:

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



Freightos 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.

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

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-65.558/20.281
=-323.25 %

Freightos'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 )
=-3.461/5.258
=-65.82 %

* 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.


Freightos  (NAS:CRGO) 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.


Freightos Pretax Margin % Related Terms

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Freightos (Freightos) Business Description

Traded in Other Exchanges
N/A
Address
1 Derech Agudat Sport HaPo’el, Technology Park Building 2, Jerusalem, ISR, 9695102
Freightos Ltd operates as a vendor-neutral booking and payment platform for international freight. Its platform supports supply chain efficiency and agility by enabling real-time procurement of ocean and air shipping across more than ten thousand importers/exporters. forwarders, and dozens of airlines and ocean carriers. WebCargo by Freightos is a freight platform connecting carriers and forwarders in particular an air cargo eBooking platform. Freightos.com is a digital international freight marketplace for importers and exporters for instant pricing, booking, and shipment management. The company operates in two segments-Platform segment and Solutions segment. Geographically, the company operates in Europe, Hong Kong, United States which is majority revenue generator and others.