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M Vest Water AS (OSL:MVW) Pretax Margin % : -243.98% (As of Mar. 2024)


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What is M Vest Water AS Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. M Vest Water AS's Pre-Tax Income for the three months ended in Mar. 2024 was kr-6.55 Mil. M Vest Water AS's Revenue for the three months ended in Mar. 2024 was kr2.68 Mil. Therefore, M Vest Water AS's pretax margin for the quarter that ended in Mar. 2024 was -243.98%.

The historical rank and industry rank for M Vest Water AS's Pretax Margin % or its related term are showing as below:

OSL:MVW' s Pretax Margin % Range Over the Past 10 Years
Min: -6249.54   Med: -246.14   Max: -1.63
Current: -248


OSL:MVW's Pretax Margin % is ranked worse than
97.37% of 2961 companies
in the Industrial Products industry
Industry Median: 6.53 vs OSL:MVW: -248.00

M Vest Water AS Pretax Margin % Historical Data

The historical data trend for M Vest Water AS'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.

M Vest Water AS Pretax Margin % Chart

M Vest Water AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial -1.63 -9.72 -6,249.54 -1,589.82 -257.24

M Vest Water AS Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -273.83 -122.21 -204.89 -755.78 -243.98

Competitive Comparison of M Vest Water AS's Pretax Margin %

For the Pollution & Treatment Controls subindustry, M Vest Water AS'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.


M Vest Water AS's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, M Vest Water AS's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where M Vest Water AS's Pretax Margin % falls into.



M Vest Water AS 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.

M Vest Water AS'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 )
=-28.317/11.008
=-257.24 %

M Vest Water AS's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-6.546/2.683
=-243.98 %

* 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.


M Vest Water AS  (OSL:MVW) 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.


M Vest Water AS Pretax Margin % Related Terms

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M Vest Water AS (OSL:MVW) Business Description

Traded in Other Exchanges
N/A
Address
Espehaugen 54, Blomsterdalen, Bergen, NOR, 5258
M Vest Water AS is an environmental technology company that has developed unique products and solutions for the water treatment industry, both in Industrial as well as Municipal markets. It is engaged in providing products and equipment utilized for the treatment and purification of water and wastewater. The company focuses on the oil and gas industry, although the available technology can be applied for cleaning water across various industries. The product portfolio of the company comprises of NorwaFloc, NORWAPOL, and AFM.

M Vest Water AS (OSL:MVW) Headlines

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