A10 Network (ATEN)

Pretax margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Earnings before tax but after interest (EBT)	US$ in thousands	43,795	52,716	31,642	19,139	-16,412
Revenue	US$ in thousands	251,700	280,338	250,042	225,526	212,391
Pretax margin		17.40%	18.80%	12.65%	8.49%	-7.73%

December 31, 2023 calculation

Pretax margin = EBT ÷ Revenue
= $43,795K ÷ $251,700K
= 17.40%

The pretax margin of A10 Networks Inc has shown a positive trend over the past five years, with the pretax margin improving from negative 7.72% in 2019 to 17.40% in 2023. This indicates that the company's profitability before taxes has been on an upward trajectory, reflecting improved operational efficiency and cost management. The consistent growth in pretax margin signifies that A10 Networks Inc has been successful in generating higher earnings relative to its revenues, which is a positive indicator of its financial health and overall performance.