GURUFOCUS.COM » STOCK LIST » Technology » Software » Banxa Holdings Inc (TSXV:BNXA) » Definitions » Pretax Margin %

Banxa Holdings (TSXV:BNXA) Pretax Margin % : -1.14% (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Banxa Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Banxa Holdings's Pre-Tax Income for the three months ended in Dec. 2023 was C$-0.8 Mil. Banxa Holdings's Revenue for the three months ended in Dec. 2023 was C$68.5 Mil. Therefore, Banxa Holdings's pretax margin for the quarter that ended in Dec. 2023 was -1.14%.

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

TSXV:BNXA' s Pretax Margin % Range Over the Past 10 Years
Min: -55.8   Med: -20.22   Max: -4.66
Current: -4.66


TSXV:BNXA's Pretax Margin % is ranked worse than
62.59% of 2767 companies
in the Software industry
Industry Median: 2.34 vs TSXV:BNXA: -4.66

Banxa Holdings Pretax Margin % Historical Data

The historical data trend for Banxa Holdings'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.

Banxa Holdings Pretax Margin % Chart

Banxa Holdings Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Pretax Margin %
-55.80 -12.37 -28.07 -12.04

Banxa Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -7.17 2.52 -32.48 -2.49 -1.14

Competitive Comparison of Banxa Holdings's Pretax Margin %

For the Information Technology Services subindustry, Banxa Holdings'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.


Banxa Holdings's Pretax Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Banxa Holdings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Banxa Holdings's Pretax Margin % falls into.



Banxa Holdings 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.

Banxa Holdings's Pretax Margin for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=-8.626/71.648
=-12.04 %

Banxa Holdings's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-0.779/68.54
=-1.14 %

* 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.


Banxa Holdings  (TSXV:BNXA) 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.


Banxa Holdings Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Banxa Holdings's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Banxa Holdings (TSXV:BNXA) Business Description

Traded in Other Exchanges
Address
2-6 Gwynne Street, Level 2, Melbourne, VIC, AUS, 3121
Banxa Holdings Inc is a payments service provider for the digital asset space. It offers a cryptocurrency gateway platform to other businesses in the industry. The company's goal is to onboard the general public to digital currency by building a fully compliant payment infrastructure that enables simple and secure conversion of fiat currency to digital currency. Geographically, it operates in Australia, North America and Europe and derives a majority of its revenue from Europe.
Executives
Holger Roman Arians Senior Officer
Zafer Alam Qureshi Director

Banxa Holdings (TSXV:BNXA) Headlines

No Headlines