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Currency Exchange International (Currency Exchange International) Pretax Margin % : 7.00% (As of Jan. 2024)


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What is Currency Exchange International Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Currency Exchange International's Pre-Tax Income for the three months ended in Jan. 2024 was $1.27 Mil. Currency Exchange International's Revenue for the three months ended in Jan. 2024 was $18.11 Mil. Therefore, Currency Exchange International's pretax margin for the quarter that ended in Jan. 2024 was 7.00%.

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

CURN' s Pretax Margin % Range Over the Past 10 Years
Min: -41.35   Med: 18.8   Max: 28.97
Current: 16.96


CURN's Pretax Margin % is ranked worse than
52.5% of 781 companies
in the Capital Markets industry
Industry Median: 19 vs CURN: 16.96

Currency Exchange International Pretax Margin % Historical Data

The historical data trend for Currency Exchange International'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.

Currency Exchange International Pretax Margin % Chart

Currency Exchange International Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.88 -41.35 -0.58 21.06 17.72

Currency Exchange International Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 9.40 14.73 22.93 20.39 7.00

Competitive Comparison of Currency Exchange International's Pretax Margin %

For the Capital Markets subindustry, Currency Exchange International'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.


Currency Exchange International's Pretax Margin % Distribution in the Capital Markets Industry

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

* The bar in red indicates where Currency Exchange International's Pretax Margin % falls into.



Currency Exchange International 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.

Currency Exchange International's Pretax Margin for the fiscal year that ended in Oct. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Oct. 2023 )/Revenue (A: Oct. 2023 )
=14.525/81.955
=17.72 %

Currency Exchange International's Pretax Margin for the quarter that ended in Jan. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=1.267/18.107
=7.00 %

* 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.


Currency Exchange International  (OTCPK:CURN) 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.


Currency Exchange International Pretax Margin % Related Terms

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Currency Exchange International (Currency Exchange International) Business Description

Traded in Other Exchanges
Address
6675 Westwood Boulevard, Suite 300, Orlando, FL, USA, 32821
Currency Exchange International Corp operates as a money service and payments business and provides currency exchange, wire transfer, and cheque cashing services at its locations in the United States and Canada. The company earns maximum revenue from the United States of America. The company earns revenue in the form of Commission and Fee income.

Currency Exchange International (Currency Exchange International) Headlines

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