GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Gogoro Inc (NAS:GGR) » Definitions » Pretax Margin %

Gogoro (Gogoro) Pretax Margin % : -18.83% (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Gogoro Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Gogoro's Pre-Tax Income for the three months ended in Mar. 2024 was $-13.1 Mil. Gogoro's Revenue for the three months ended in Mar. 2024 was $69.7 Mil. Therefore, Gogoro's pretax margin for the quarter that ended in Mar. 2024 was -18.83%.

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

GGR' s Pretax Margin % Range Over the Past 10 Years
Min: -25.84   Med: -18.4   Max: -2.75
Current: -14.27


GGR's Pretax Margin % is ranked worse than
89.4% of 1283 companies
in the Vehicles & Parts industry
Industry Median: 4.46 vs GGR: -14.27

Gogoro Pretax Margin % Historical Data

The historical data trend for Gogoro'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.

Gogoro Pretax Margin % Chart

Gogoro Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
-2.75 -13.83 -18.40 -25.84 -21.73

Gogoro Quarterly Data
Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -51.21 -6.45 -3.37 -29.18 -18.83

Competitive Comparison of Gogoro's Pretax Margin %

For the Auto Manufacturers subindustry, Gogoro'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.


Gogoro's Pretax Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Gogoro's Pretax Margin % distribution charts can be found below:

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



Gogoro 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.

Gogoro'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 )
=-76.038/349.846
=-21.73 %

Gogoro's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-13.127/69.711
=-18.83 %

* 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.


Gogoro  (NAS:GGR) 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.


Gogoro Pretax Margin % Related Terms

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


Gogoro (Gogoro) Business Description

Traded in Other Exchanges
N/A
Address
No. 225, Section 2, Chang’an E. Road, 11th Floor, Building C, SongShan District, Taipei, TWN, 105
Gogoro Inc is focused on eliminating the barriers to electric fuel adoption to bring swappable electric power within reach of every urban rider. Its battery swapping technology compromises an interoperable platform that seamlessly integrates a comprehensive ecosystem of hardware, software, and services, which consists of Gogoro Smart Batteries, GoStations, Gogoro Network Software & Battery Management Systems, Smartscooter, and related components and kits. Geographical presence in Taiwan and Other countries, majority of its revenue comes from Tiwan.