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Lyckegard Group AB (OSTO:LYGRD) Pretax Margin % : -122.40% (As of Mar. 2024)


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What is Lyckegard Group AB Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Lyckegard Group AB's Pre-Tax Income for the three months ended in Mar. 2024 was kr-50.9 Mil. Lyckegard Group AB's Revenue for the three months ended in Mar. 2024 was kr41.6 Mil. Therefore, Lyckegard Group AB's pretax margin for the quarter that ended in Mar. 2024 was -122.40%.

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

OSTO:LYGRD' s Pretax Margin % Range Over the Past 10 Years
Min: -65.3   Med: -32.6   Max: -23.87
Current: -46.39


OSTO:LYGRD's Pretax Margin % is ranked worse than
91.39% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 6.36 vs OSTO:LYGRD: -46.39

Lyckegard Group AB Pretax Margin % Historical Data

The historical data trend for Lyckegard Group AB'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.

Lyckegard Group AB Pretax Margin % Chart

Lyckegard Group AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
-65.30 -23.87 -32.60 -40.60 -25.27

Lyckegard Group AB Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 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 -29.25 7.19 -12.81 -104.93 -122.40

Competitive Comparison of Lyckegard Group AB's Pretax Margin %

For the Farm & Heavy Construction Machinery subindustry, Lyckegard Group AB'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.


Lyckegard Group AB's Pretax Margin % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Lyckegard Group AB's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Lyckegard Group AB's Pretax Margin % falls into.



Lyckegard Group AB 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.

Lyckegard Group AB'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 )
=-41.748/165.19
=-25.27 %

Lyckegard Group AB'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 )
=-50.909/41.591
=-122.40 %

* 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.


Lyckegard Group AB  (OSTO:LYGRD) 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.


Lyckegard Group AB Pretax Margin % Related Terms

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Lyckegard Group AB (OSTO:LYGRD) Business Description

Traded in Other Exchanges
Address
Trollebergsvagen, Lund, SWE, 102-28
Lyckegard Group AB is an innovative company that strives towards sustainable agriculture through the reduced use of pesticides and fertilizers. The company develops and sells agricultural mechanical tools for weed control, tillage and sowing. The tools work mechanically, without chemicals, and use innovative methods and new cultivation strategies for more environmentally friendly agriculture. The products can be used by both organic and conventional farmers who want to reduce the use of pesticides and use modern cultivation strategies for increased yields.

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