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Storytel AB (OSTO:STORY B) Pretax Margin % : -1.67% (As of Mar. 2024)


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What is Storytel AB Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Storytel AB's Pre-Tax Income for the three months ended in Mar. 2024 was kr-15 Mil. Storytel AB's Revenue for the three months ended in Mar. 2024 was kr892 Mil. Therefore, Storytel AB's pretax margin for the quarter that ended in Mar. 2024 was -1.67%.

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

OSTO:STORY B' s Pretax Margin % Range Over the Past 10 Years
Min: -23.14   Med: -10.46   Max: 10.48
Current: -21.15


OSTO:STORY B's Pretax Margin % is ranked worse than
77.33% of 1041 companies
in the Media - Diversified industry
Industry Median: 2.39 vs OSTO:STORY B: -21.15

Storytel AB Pretax Margin % Historical Data

The historical data trend for Storytel 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.

Storytel AB Pretax Margin % Chart

Storytel AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.63 -8.57 -13.44 -12.35 -23.14

Storytel AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8.07 -2.11 0.08 -76.72 -1.67

Competitive Comparison of Storytel AB's Pretax Margin %

For the Publishing subindustry, Storytel 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.


Storytel AB's Pretax Margin % Distribution in the Media - Diversified Industry

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

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



Storytel 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.

Storytel 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 )
=-807.47/3489.221
=-23.14 %

Storytel 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 )
=-14.902/891.886
=-1.67 %

* 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.


Storytel AB  (OSTO:STORY B) 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.


Storytel AB Pretax Margin % Related Terms

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Storytel AB (OSTO:STORY B) Business Description

Traded in Other Exchanges
Address
Tryckerigatan 4, P.O. Box 24 167, Stockholm, SWE, SE-104 51
Storytel AB operates in the book and publishing sector. The Storytel organization comprises two divisions: Streaming and Publishing. Within the Streaming division, the company provides a subscription service for audio books and e-books under the Storytel and Mofibo brands, currently in Sweden, Denmark, Finland, Netherlands, USA and other countries. The Publishing division comprises Norstedts, Massolit, Kontentan, Telegram, the Danish publisher People's Press (adults), Raben and Sjogren and B. Wahlstroms (children and young adults), as well as Norstedts Kartor.

Storytel AB (OSTO:STORY B) Headlines

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