Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. The OLB Group's Pre-Tax Income for the
three
months ended in Mar. 2024 was $-2.40 Mil. The OLB Group's Revenue for the
three
months ended in Mar. 2024 was $3.50 Mil. Therefore, The OLB Group's pretax margin for the quarter that ended in Mar. 2024 was -68.68%.
The historical rank and industry rank for The OLB Group's Pretax Margin % or its related term are showing as below:
OLB'
s Pretax Margin % Range Over the Past 10 Years
Min: -767.31 Med: -52.96 Max: -13.05
Current: -84.02
OLB's Pretax Margin % is ranked worse than 87.04% of 2769
companies
in the Software industry
Industry Median: 2.5
vs OLB: -84.02
The OLB Group Pretax Margin % Historical Data
The historical data trend for The OLB Group'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.
Competitive Comparison of The OLB Group's Pretax Margin %
For the Software - Infrastructure subindustry, The OLB Group'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.
The OLB Group's Pretax Margin % Distribution in the Software Industry
For the Software industry and Technology sector, The OLB Group's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where The OLB Group's Pretax Margin % falls into.
The OLB Group 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.
The OLB Group's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
The OLB Group (NAS:OLB) 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.
The OLB Group Pretax Margin % Related Terms
Thank you for viewing the detailed overview of The OLB Group's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
The OLB Group (The OLB Group) Business Description
The OLB Group Inc is a diversified fintech e-commerce merchant services provider and Bitcoin crypto mining enterprise. It is a payment facilitator and e-commerce service provider that delivers cloud-based merchant services for Web-based and brick-and-mortar organizations by providing an end-to-end digital commerce solution includes site design, hosting, transaction processing and payment gateway, order fulfillment, customer service, marketing, and sales reporting. The company generates maximum revenue from Fintech services segment.
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