Agilysys Inc (AGYS)

Pretax margin

		Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	20,684	20,175	15,647	14,225	15,762	13,175	10,171	7,783	6,511	-20,039	-23,493	-18,535	-21,209	-23,361	-23,960	-32,825	-33,866	-10,468	-11,847	-12,708
Revenue (ttm)	US$ in thousands	238,116	228,927	218,281	207,406	198,852	192,499	182,035	172,185	163,404	152,529	149,739	146,206	137,288	140,489	145,785	152,147	160,729	157,688	151,737	145,217
Pretax margin		8.69%	8.81%	7.17%	6.86%	7.93%	6.84%	5.59%	4.52%	3.98%	-13.14%	-15.69%	-12.68%	-15.45%	-16.63%	-16.44%	-21.57%	-21.07%	-6.64%	-7.81%	-8.75%

March 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $20,684K ÷ $238,116K
= 8.69%

Agilysys Inc's pretax margin has varied over the periods provided. The pretax margin, which represents the percentage of each dollar of revenue that results in pre-tax profit, has shown an improving trend in recent quarters. Specifically, the company's pretax margin has increased from negative figures in the previous year to positive figures in the most recent quarters. This improvement indicates that the company has been able to manage its expenses more effectively and generate higher levels of pre-tax profit relative to its revenue. However, it is important to note that while the pretax margin has been on an upward trajectory, fluctuations in the margin are observed quarter to quarter, which may be influenced by various factors such as changes in revenue, costs, and one-time items impacting profitability. Further analysis of Agilysys Inc's financial performance and operational efficiency would be necessary to gain a more comprehensive understanding of the factors driving the changes in the pretax margin.