Hipgnosis Songs Fund (LSE:SONG) Pretax Margin % : -164.99% (As of Sep. 2023)

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What is Hipgnosis Songs Fund Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hipgnosis Songs Fund's Pre-Tax Income for the six months ended in Sep. 2023 was £-51.46 Mil. Hipgnosis Songs Fund's Revenue for the six months ended in Sep. 2023 was £31.19 Mil. Therefore, Hipgnosis Songs Fund's pretax margin for the quarter that ended in Sep. 2023 was -164.99%.

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

LSE:SONG' s Pretax Margin % Range Over the Past 10 Years
Min: -127.13 Med: 8.29 Max: 58.99
Current: -127.13

LSE:SONG's Pretax Margin % is ranked worse than
92.7% of 1028 companies
in the Media - Diversified industry
Industry Median: 2.375 vs LSE:SONG: -127.13

Hipgnosis Songs Fund Pretax Margin % Historical Data

The historical data trend for Hipgnosis Songs Fund'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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Hipgnosis Songs Fund Pretax Margin % Chart

Hipgnosis Songs Fund Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Pretax Margin %

58.99

28.00

-11.43

-68.39

Hipgnosis Songs Fund Semi-Annual Data
	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Pretax Margin %	Get a 7-Day Free Trial				-30.73	1.49	-28.12	-105.41	-164.99

Competitive Comparison of Hipgnosis Songs Fund's Pretax Margin %

For the Entertainment subindustry, Hipgnosis Songs Fund'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.

Hipgnosis Songs Fund's Pretax Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hipgnosis Songs Fund's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Hipgnosis Songs Fund's Pretax Margin % falls into.

Hipgnosis Songs Fund 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.

Hipgnosis Songs Fund's Pretax Margin for the fiscal year that ended in Mar. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	-71.383	/	104.382
	=	-68.39 %

Hipgnosis Songs Fund'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 )
	=	-51.458	/	31.189
	=	-164.99 %

Hipgnosis Songs Fund (LSE:SONG) 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.

Hipgnosis Songs Fund Pretax Margin % Related Terms

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Hipgnosis Songs Fund (LSE:SONG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Hipgnosis Songs Fund Ltd (LSE:SONG) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Trafalgar Court, Les Banques, P.O. Box 286, Floor 2, Saint Peter Port, GGY, GY1 4LY

Website

https://www.hipgnosissongs.com

Hipgnosis Songs Fund Ltd is an investment company. The company's investment objective is to provide shareholders with an attractive and growing level of income, together with the potential for capital growth. It offers to play exposure to songs and associated musical intellectual property rights. Hipgnosis Songs Fund serves customers globally.