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Surf Air Mobility (Surf Air Mobility) Pretax Margin % : -120.86% (As of Mar. 2024)


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What is Surf Air Mobility Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Surf Air Mobility's Pre-Tax Income for the three months ended in Mar. 2024 was $-37.01 Mil. Surf Air Mobility's Revenue for the three months ended in Mar. 2024 was $30.62 Mil. Therefore, Surf Air Mobility's pretax margin for the quarter that ended in Mar. 2024 was -120.86%.

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

SRFM' s Pretax Margin % Range Over the Past 10 Years
Min: -419.8   Med: -339.64   Max: -303.31
Current: -315.85


SRFM's Pretax Margin % is ranked worse than
99.28% of 970 companies
in the Transportation industry
Industry Median: 7.12 vs SRFM: -315.85

Surf Air Mobility Pretax Margin % Historical Data

The historical data trend for Surf Air Mobility'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.

Surf Air Mobility Pretax Margin % Chart

Surf Air Mobility Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Pretax Margin %
-312.49 -303.31 -366.79 -419.80

Surf Air Mobility Quarterly Data
Dec20 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 -373.58 -718.64 -355.90 -412.61 -120.86

Competitive Comparison of Surf Air Mobility's Pretax Margin %

For the Airlines subindustry, Surf Air Mobility'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.


Surf Air Mobility's Pretax Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Surf Air Mobility's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Surf Air Mobility's Pretax Margin % falls into.



Surf Air Mobility 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.

Surf Air Mobility'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 )
=-254/60.505
=-419.80 %

Surf Air Mobility'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 )
=-37.011/30.624
=-120.86 %

* 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.


Surf Air Mobility  (NYSE:SRFM) 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.


Surf Air Mobility Pretax Margin % Related Terms

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Surf Air Mobility (Surf Air Mobility) Business Description

Traded in Other Exchanges
N/A
Address
12111 S. Crenshaw Boulevard, Hawthorne, California 90250, Hawthorne, CA, USA, 90250
Surf Air Mobility Inc provides a regional air mobility platform with scheduled routes and on demand charter flights operated by third-party Part 135 charter operators. It generates revenue through the sale of membership products, non-member single seats, or flight products for both scheduled and on-demand flights.
Executives
Edward A. Mady director 12111 S. CRENSHAW BLVD., HAWTHORNE CA 90250
Bruce L. Hack director 6060 CENTER DRIVE, 5TH FLOOR, LOS ANGELES CA 90045
Carl A Albert director C/O BOISE INC., 1111 WEST JEFFERSON STREET, SUITE 200, BOISE ID 83702-5388
John J. D'agostino director 201 E 79TH STREET 6A, NEW YORK CITY NY 10075
Tyler Painter director C/O SURF AIR MOBILITY, 12111 S. CRENSHAW BLVD., HAWTHORNE CA 90250
Sudhin Shahani director 12111 S. CRENSHAW BLVD., HAWTHORNE CA 90250
Deanna Leigh White officer: Chief Financial Officer 12111 S. CRENSHAW BLVD., HAWTHORNE CA 90250
Tyrone D. Bland director 12111 S. CRENSHAW BLVD., HAWTHORNE CA 90250
Robert S. Little director, officer: Chief Executive Officer 12111 S. CRENSHAW BLVD., HAWTHORNE CA 90250