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TPT Global Tech (TPT Global Tech) Pretax Margin % : -823.12% (As of Mar. 2024)


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What is TPT Global Tech Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. TPT Global Tech's Pre-Tax Income for the three months ended in Mar. 2024 was $-3.28 Mil. TPT Global Tech's Revenue for the three months ended in Mar. 2024 was $0.40 Mil. Therefore, TPT Global Tech's pretax margin for the quarter that ended in Mar. 2024 was -823.12%.

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

TPTW' s Pretax Margin % Range Over the Past 10 Years
Min: -573.85   Med: -170.65   Max: -40.84
Current: -419.49


TPTW's Pretax Margin % is ranked worse than
97.89% of 2462 companies
in the Hardware industry
Industry Median: 3.55 vs TPTW: -419.49

TPT Global Tech Pretax Margin % Historical Data

The historical data trend for TPT Global Tech'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.

TPT Global Tech Pretax Margin % Chart

TPT Global Tech Annual Data
Trend Dec05 Dec06 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -137.37 -73.18 -40.84 -296.11 -319.19

TPT Global Tech 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 -126.59 -100.66 -53.20 -2,520.00 -823.12

Competitive Comparison of TPT Global Tech's Pretax Margin %

For the Communication Equipment subindustry, TPT Global Tech'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.


TPT Global Tech's Pretax Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, TPT Global Tech's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where TPT Global Tech's Pretax Margin % falls into.



TPT Global Tech 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.

TPT Global Tech'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 )
=-10.527/3.298
=-319.19 %

TPT Global Tech'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 )
=-3.276/0.398
=-823.12 %

* 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.


TPT Global Tech  (OTCPK:TPTW) 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.


TPT Global Tech Pretax Margin % Related Terms

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TPT Global Tech (TPT Global Tech) Business Description

Traded in Other Exchanges
N/A
Address
501 West Broadway, Suite 800, San Diego, CA, USA, 92101
TPT Global Tech Inc is engaged in the business of distribution of cell phones and telecommunications equipment. The company's operating segment includes TPT SpeedConnect; Blue Collar, and TPT MedTech and QuikLABS. It generates maximum revenue from the TPT SpeedConnect segment. The company offers offer Software as a Service (SaaS), Technology Platform as a Service (PAAS), Cloud-based Unified Communication as a Service (UCaaS) and carrier-grade performance and support for businesses over private IP MPLS fiber and wireless network in the United States. It also operates as a Master distributor for Nationwide Mobile Virtual Network Operators (MVNO) and Independent Sales Organization (ISO).

TPT Global Tech (TPT Global Tech) Headlines

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