Arlo Technologies (ARLO)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | -29,412 | -23,858 | -20,839 | -16,657 | -20,861 | -43,611 | -56,651 | -60,838 | -55,651 | -40,366 | -41,252 | -53,079 | -55,352 | -63,740 | -66,067 | -71,984 | -100,626 | -62,458 | -75,418 | -79,688 |
| Revenue (ttm) | US$ in thousands | 510,886 | 524,407 | 516,743 | 504,372 | 491,176 | 474,610 | 472,764 | 476,667 | 490,414 | 514,748 | 497,740 | 477,332 | 435,137 | 407,112 | 406,199 | 374,260 | 357,154 | 364,731 | 360,611 | 377,577 |
| Pretax margin | -5.76% | -4.55% | -4.03% | -3.30% | -4.25% | -9.19% | -11.98% | -12.76% | -11.35% | -7.84% | -8.29% | -11.12% | -12.72% | -15.66% | -16.26% | -19.23% | -28.17% | -17.12% | -20.91% | -21.11% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-29,412K ÷ $510,886K
= -5.76%
Arlo Technologies' pretax margin has shown a declining trend from March 2020 to December 2024. The company experienced negative pretax margins throughout this period, indicating that its expenses and/or losses exceeded its revenue before accounting for taxes.
The pretax margin improved from a low of -28.17% in December 2020 to a relatively less negative figure of -4.25% in December 2023, signifying some progress in controlling costs or generating higher revenues. The trend continued positively, with the pretax margin further improving to -5.76% by December 2024.
Overall, even though Arlo Technologies has been operating at a loss before taxes, the consistent reduction in the pretax margin over the years suggests potential efforts to enhance operational efficiency, manage costs, or potentially increase revenue streams. Managing to move towards a less negative pretax margin is a positive indicator for the company's financial performance.
Peer comparison
Dec 31, 2024