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Maris Tech (Maris Tech) Pretax Margin % : -12.54% (As of Dec. 2023)


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What is Maris Tech Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Maris Tech's Pre-Tax Income for the six months ended in Dec. 2023 was $-0.45 Mil. Maris Tech's Revenue for the six months ended in Dec. 2023 was $3.56 Mil. Therefore, Maris Tech's pretax margin for the quarter that ended in Dec. 2023 was -12.54%.

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

MTEK' s Pretax Margin % Range Over the Past 10 Years
Min: -147.23   Med: -64.78   Max: -39.69
Current: -67.23


MTEK's Pretax Margin % is ranked worse than
93.05% of 2461 companies
in the Hardware industry
Industry Median: 3.54 vs MTEK: -67.23

Maris Tech Pretax Margin % Historical Data

The historical data trend for Maris Tech'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.

Maris Tech Pretax Margin % Chart

Maris Tech Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
-61.37 -64.78 -39.69 -147.23 -67.23

Maris Tech Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only -100.67 -234.92 -92.06 -477.64 -12.54

Competitive Comparison of Maris Tech's Pretax Margin %

For the Electronic Components subindustry, Maris Tech'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.


Maris Tech's Pretax Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Maris Tech's Pretax Margin % distribution charts can be found below:

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



Maris Tech 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.

Maris Tech'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 )
=-2.71/4.031
=-67.23 %

Maris Tech's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-0.446/3.557
=-12.54 %

* 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.


Maris Tech  (NAS:MTEK) 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.


Maris Tech Pretax Margin % Related Terms

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Maris Tech (Maris Tech) Business Description

Traded in Other Exchanges
N/A
Address
2 Yitzhak Modai Street, Rehovot, ISR, 7608804
Maris Tech Ltd is a provider of remote video, audio, telemetry acquisition, distribution and sharing solutions and products, using high-end digital video, audio and wireless communication technologies. It designs, develops, manufactures and commercially sells miniature intelligent video and audio surveillance and communication systems, which are offered as products and solutions for the professional as well as the civilian and home security markets.

Maris Tech (Maris Tech) Headlines

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