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Securetech Innovations (Securetech Innovations) Pretax Margin % : -623.08% (As of Mar. 2024)


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What is Securetech Innovations Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Securetech Innovations's Pre-Tax Income for the three months ended in Mar. 2024 was $-0.08 Mil. Securetech Innovations's Revenue for the three months ended in Mar. 2024 was $0.01 Mil. Therefore, Securetech Innovations's pretax margin for the quarter that ended in Mar. 2024 was -623.08%.

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

SCTH' s Pretax Margin % Range Over the Past 10 Years
Min: -1023.4   Med: -553.65   Max: -320
Current: -817.07


SCTH's Pretax Margin % is ranked worse than
98.29% of 1283 companies
in the Vehicles & Parts industry
Industry Median: 4.44 vs SCTH: -817.07

Securetech Innovations Pretax Margin % Historical Data

The historical data trend for Securetech Innovations'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.

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Securetech Innovations Pretax Margin % Chart

Securetech Innovations Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial - -320.00 -340.63 -1,023.40 -766.67

Securetech Innovations 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 -570.00 -583.33 -1,700.00 -1,350.00 -623.08

Competitive Comparison of Securetech Innovations's Pretax Margin %

For the Auto Parts subindustry, Securetech Innovations'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.


Securetech Innovations's Pretax Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Securetech Innovations's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Securetech Innovations's Pretax Margin % falls into.



Securetech Innovations 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.

Securetech Innovations'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 )
=-0.368/0.048
=-766.67 %

Securetech Innovations'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 )
=-0.081/0.013
=-623.08 %

* 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.


Securetech Innovations  (OTCPK:SCTH) 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.


Securetech Innovations Pretax Margin % Related Terms

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Securetech Innovations (Securetech Innovations) Business Description

Traded in Other Exchanges
N/A
Address
2355 Highway 36 West, Suite 400, Roseville, MN, USA, 55113
Securetech Innovations Inc is engaged in developing and marketing personal and automobile security and safety devices and technologies. Its primary source of revenue is from the sale of its Top Kontrol product which is an anti-theft and anti-carjacking system.
Executives
African Resource Group, Inc. 10 percent owner 9353 OUTER BANKS AVE., LAS VEGAS NV 89149
Anthony Vang director, officer: Treasurer/Secretary 2355 HIGHWAY 36 WEST, SUITE 400, ROSEVILLE MN 55113
Lee Kao director, 10 percent owner, officer: President/CEO 2355 HIGHWAY 36 WEST, SUITE 400, ROSEVILLE MN 55113
Abdikarim Farah officer: Vice President 2355 HIGHWAY 36 WEST, STE. 400, ROSEVILLE MN 55113

Securetech Innovations (Securetech Innovations) Headlines

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