LMP Automotive Holdings (LMP Automotive Holdings) Pretax Margin % : 4.22% (As of Sep. 2021)

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What is LMP Automotive Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. LMP Automotive Holdings's Pre-Tax Income for the three months ended in Sep. 2021 was $6.0 Mil. LMP Automotive Holdings's Revenue for the three months ended in Sep. 2021 was $141.4 Mil. Therefore, LMP Automotive Holdings's pretax margin for the quarter that ended in Sep. 2021 was 4.22%.

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

LMPX's Pretax Margin % is not ranked ^*
in the Vehicles & Parts industry.
Industry Median: 4.47
* Ranked among companies with meaningful Pretax Margin % only.

LMP Automotive Holdings Pretax Margin % Historical Data

The historical data trend for LMP Automotive Holdings'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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LMP Automotive Holdings Pretax Margin % Chart

LMP Automotive Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Pretax Margin %

-37.88

-39.07

-37.11

-15.82

LMP Automotive Holdings Quarterly Data
	Dec17	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Pretax Margin %	Get a 7-Day Free Trial										-5.62	-63.90	-4.61	-0.50	4.22

Competitive Comparison of LMP Automotive Holdings's Pretax Margin %

For the Auto & Truck Dealerships subindustry, LMP Automotive Holdings'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.

LMP Automotive Holdings's Pretax Margin % Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where LMP Automotive Holdings's Pretax Margin % falls into.

LMP Automotive Holdings 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.

LMP Automotive Holdings's Pretax Margin for the fiscal year that ended in Dec. 2020 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Dec. 2020 )	/	Revenue (A: Dec. 2020 )
	=	-4.816	/	30.443
	=	-15.82 %

LMP Automotive Holdings's Pretax Margin for the quarter that ended in Sep. 2021 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Sep. 2021 )	/	Revenue (Q: Sep. 2021 )
	=	5.962	/	141.433
	=	4.22 %

LMP Automotive Holdings (OTCPK:LMPX) 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.

LMP Automotive Holdings Pretax Margin % Related Terms

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LMP Automotive Holdings (LMP Automotive Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » LMP Automotive Holdings Inc (OTCPK:LMPX) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

500 East Broward Boulevard, Suite 1900, Fort Lauderdale, FL, USA, 33394

Website

https://www.lmpmotors.com

LMP Automotive Holdings Inc is an e-commerce and facilities-based retail platform for consumers who desire to buy, sell, rent, subscribe for or finance pre-owned and new automobiles. Its business model is described as Buy, Rent or Subscribe, Sell and Repeat. The company offer sales of pre-owned automobiles, and rentals and subscriptions for both pre-owned and new automobiles.

Executives

Samer Tawfik	director, 10 percent owner, officer: President and CEO	C/O HERRICK FEINSTEIN LLP 2 PARK AVE NEW YORK NY 10016
Svetlana Limburger	director	C/O LMP AUTOMOTIVE HOLDINGS, INC. 500 EAST BROWARD BLVD., SUITE 1900 FT. LAUDERDALE FL 33394
Richard Aldahan	officer: Chief Operating Officer	500 EAST BROWARD BLVD. SUITE 1900 FL 33394
William G Cohen	director	117 HARBOR ROAD WESTPORT CT 06880
Robert Bellaflores	officer: Chief Financial Officer	500 EAST BROWARD BLVD. SUITE 1900 FT. LAUDERDALE FL 33394
Evan Bernstein	officer: Chief Financial Officer	500 EAST BROWARD BLVD. SUITE 1900 FT. LAUDERDALE FL 33394
Keith Locker	director	C/O GLENBOROUGH REALTY TRUST, 400 SOUTH EL CAMINO REAL, SUITE 1100, SAN MATEO CA 94402
Morris Robert J. Jr.	director	4145 COLONEL VANDERHORST CIRCLE MT. PLEASANT SC 29466
Elias Nadim Nader	director	2295 LEIGH AVENUE SAN JOSE CA 95124
Bryan Silverstein	officer: Chief Financial Officer	601 NORTH STATE ROAD 7 PLANTATION FL 33317