The historical rank and industry rank for SKYX Platforms's Pretax Margin % or its related term are showing as below:
SKYX'
s Pretax Margin % Range Over the Past 10 Years
Min: -84487.5 Med: -1403.39 Max: -53.31
Current: -53.31
SKYX's Pretax Margin % is ranked worse than 94.55% of 2972
companies
in the Industrial Products industry
Industry Median: 6.495
vs SKYX: -53.31
SKYX Platforms Pretax Margin % Historical Data
The historical data trend for SKYX Platforms'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 SKYX Platforms's Pretax Margin %
For the Electrical Equipment & Parts subindustry, SKYX Platforms'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.
SKYX Platforms's Pretax Margin % Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, SKYX Platforms's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where SKYX Platforms's Pretax Margin % falls into.
SKYX Platforms 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.
SKYX Platforms'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 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.
SKYX Platforms Pretax Margin % Related Terms
Thank you for viewing the detailed overview of SKYX Platforms's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
SKYX Platforms (SKYX Platforms) Business Description
SKYX Platforms Corp operates in the business of developing proprietary technology that enables a quick and safe installation of electrical fixtures, such as light fixtures and ceiling fans. The company's technology consists of a weight bearing, fixable socket and a revolving plug for conducting electric power and supporting an electrical appliance attached to a wall or ceiling. The socket is comprised of a nonconductive body that houses conductive rings connectable to an electric power supply through terminals in its side exterior. The plug is also comprised of a nonconductive body that houses corresponding conductive rings, attaches to the socket via a male post and is capable of feeding electric power to an appliance. The Company generates its income from the United States.
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