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PARTS iD (PARTS iD) Pretax Margin % : -36.10% (As of Sep. 2023)


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What is PARTS iD Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. PARTS iD's Pre-Tax Income for the three months ended in Sep. 2023 was $-5.7 Mil. PARTS iD's Revenue for the three months ended in Sep. 2023 was $15.7 Mil. Therefore, PARTS iD's pretax margin for the quarter that ended in Sep. 2023 was -36.10%.

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

IDICQ' s Pretax Margin % Range Over the Past 10 Years
Min: -20.95   Med: -1.16   Max: 0.33
Current: -20.95


IDICQ's Pretax Margin % is not ranked
in the Vehicles & Parts industry.
Industry Median: 4.47 vs IDICQ: -20.95

PARTS iD Pretax Margin % Historical Data

The historical data trend for PARTS iD'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.

PARTS iD Pretax Margin % Chart

PARTS iD Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Pretax Margin %
-0.28 0.33 -2.04 -4.58

PARTS iD Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -3.79 -11.05 -40.00 -24.86 -36.10

Competitive Comparison of PARTS iD's Pretax Margin %

For the Auto Parts subindustry, PARTS iD'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.


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

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

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



PARTS iD 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.

PARTS iD's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=-15.601/340.596
=-4.58 %

PARTS iD's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-5.672/15.711
=-36.10 %

* 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.


PARTS iD  (OTCPK:IDICQ) 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.


PARTS iD Pretax Margin % Related Terms

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PARTS iD (PARTS iD) Business Description

Traded in Other Exchanges
N/A
Address
1 Corporate Drive, Suite C, Cranbury, NJ, USA, 08512
PARTS iD Inc is a technology-driven, digital commerce company focused on online retailer of automotive parts, components, and accessories. The product portfolio includes interior products, exterior products, wheels, body parts, audio & electronics, automotive tools, and other related products. The Company provides its product vendors with access to its customer base and e-commerce market.
Executives
Eugene Kovshilovsky officer: Chief Technology Officer C/O PARTS ID, INC., 1 CORPORATE DRIVE, SUITE C, CRANBURY NJ 08512
Sanjiv Gomes officer: Chief Information Officer 16941 KEEGAN AVENUE, CARSON CA 90746
James Doss officer: Chief Financial Officer 1 CORPORATE DRIVE, SUITE C, CRANBURY NJ 08512
Kailas Agrawal officer: Chief Financial Officer 1 CORPORATE DR., SUITE C, CRANBURY NJ 08512
Mark Atwater officer: VP of Vendor Relations 1 CORPORATE DR., SUITE C, CRANBURY NJ 08512
Antonino Ciappina officer: Chief Executive Officer 1 CORPORATE DR., SUITE C, CRANBURY NJ 08512
Lev Peker director US AUTO PARTS, 16941 KEEGAN AVENUE, CARSON CA 90746
Aditya Jha director 1 CORPORATE DRIVE, SUITE C, CRANBURY NJ 08512
Pendleton Brian John Jr. officer: See remarks 1308 RACE STREET, SUITE 200, CINCINNATI OH 45202
Edwin Rigaud director 3639 VINEYARD PLACE, CINCINNATI OH 45226
Ajay Roy officer: Chief Operating Officer 1 CORPORATE DR., SUITE C, CRANBURY NJ 08512
Rahul Petkar director 1 CORPORATE DR., SUITE C, CRANBURY NJ 08512
Roman Gerashenko 10 percent owner 1 CORPORATE DRIVE, SUITE C, CRANBURY NJ 08512
Stanislav Royzenshteyn 10 percent owner 1 CORPORATE DRIVE, SUITE C, CRANBURY NJ 08512
Ann M. Schwister director 1 CORPORATE DR., SUITE C, CRANBURY NJ 08512