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Wejo Group (Wejo Group) Pretax Margin % : -802.07% (As of Mar. 2023)


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What is Wejo Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Wejo Group's Pre-Tax Income for the three months ended in Mar. 2023 was $-30.96 Mil. Wejo Group's Revenue for the three months ended in Mar. 2023 was $3.86 Mil. Therefore, Wejo Group's pretax margin for the quarter that ended in Mar. 2023 was -802.07%.

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


WEJOF's Pretax Margin % is not ranked *
in the Software industry.
Industry Median: 2.17
* Ranked among companies with meaningful Pretax Margin % only.

Wejo Group Pretax Margin % Historical Data

The historical data trend for Wejo Group'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.

Wejo Group Pretax Margin % Chart

Wejo Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Pretax Margin %
-12,842.48 -4,511.83 -8,473.15 -1,891.85

Wejo Group Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7,085.56 -3,424.02 -1,218.40 -877.93 -802.07

Competitive Comparison of Wejo Group's Pretax Margin %

For the Software - Infrastructure subindustry, Wejo Group'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.


Wejo Group's Pretax Margin % Distribution in the Software Industry

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

* The bar in red indicates where Wejo Group's Pretax Margin % falls into.



Wejo Group 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.

Wejo Group's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=-158.84/8.396
=-1,891.85 %

Wejo Group's Pretax Margin for the quarter that ended in Mar. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2023 )/Revenue (Q: Mar. 2023 )
=-30.96/3.86
=-802.07 %

* 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.


Wejo Group  (OTCPK:WEJOF) 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.


Wejo Group Pretax Margin % Related Terms

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Wejo Group (Wejo Group) Business Description

Traded in Other Exchanges
N/A
Address
22 Victoria Street, Canon’s Court, Hamilton, BMU, HM12
Wejo Group Ltd provides software and technology solutions to various market verticals in combination with services that utilize ingested and standardized connected vehicle and other high volume, high value datasets through its proprietary cloud software and analytics platform, Wejo Neural Edge (which includes Wejo ADEPT platform). The Company's sector solutions, delivered at this time in North America and Europe, provide valuable insights to its customers in public and private organizations, including, but not limited to, OEMs, first-tier (Tier 1) automotive suppliers, fleet management companies (Fleets), departments of transportation, retailers, mapping companies, universities, insurance companies, advertising firms, construction firms and research departments.
Executives
David Jack officer: Interim CTO ABC BUILDING, 21-23 QUAY ST., MANCHESTER X0 M3 4AE
Benoit Joly officer: Chief Commercial Officer C/O WEJO BERMUDA LIMITED, CANON'S COURT, 22 VICTORIA STREET, HAMILTON D0 HM12
Timothy E Lee director 300 RENAISSANCE CENTER, M/C: 482-C25-A36, DETROIT MI 48265-3000
Alan Masarek director C/O VONAGE HOLDINGS CORP., 23 MAIN STREET, HOLMDEL NJ 07733
John T. Maxwell director, officer: Chief Financial Officer 30 TECHNOLOGY DRIVE, WARREN NJ 07059
Ann M. Schwister director 1 CORPORATE DR., SUITE C, CRANBURY NJ 08512
General Motors Co 10 percent owner 300 RENAISSANCE CENTER, DETROIT MI 48265-3000
General Motors Holdings Llc 10 percent owner 300 RENAISSANCE CENTER, MC 482-C24-A68, DETROIT MI 48265
Samuel Hendel director 180 POST ROAD EAST, WESTPORT CT 06880
Lawrence D Burns director 31675 LELA LANE, FRANKLIN MI 48025
Mina Bhama officer: Gen. Counsel and Company Sec. C/O WEJO GROUP LIMITED, CANON'S COURT, 22 VICTORIA STREET, HAMILTON D0 HM12
Sarah Jane Larner officer: Ex. VP - Strategy & Innovation C/O WEJO GROUP LIMITED, CANON'S COURT, 22 VICTORIA STREET, HAMILTON D0 HM12
Den Beverley Power officer: Chief People Officer C/O WEJO GROUP LIMITED, CANON'S COURT, 22 VICTORIA STREET, HAMILTON D0 HM12
Richard Michael Barlow director, officer: Chief Executive Officer C/O WEJO GROUP LIMITED, CANON'S COURT, 22 VICTORIA STREET, HAMILTON D0 HM12
Diarmid Ogilvy director C/O WEJO GROUP LIMITED, CANON'S COURT, 22 VICTORIA STREET, HAMILTON D0 HM12

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