Certara Inc (CERT)
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 | -17,184 | -31,748 | -83,696 | -63,046 | -55,143 | -39,034 | 23,068 | 17,478 | 18,755 | 14,873 | 2,987 | -1,208 | -3,375 | -63,145 | -58,175 | -50,269 | -50,181 | 6,207 | 5,695 | -4,146 |
| Revenue (ttm) | US$ in thousands | 385,148 | 372,797 | 363,553 | 360,690 | 354,337 | 352,960 | 352,084 | 344,394 | 335,644 | 324,357 | 313,601 | 300,937 | 286,104 | 275,399 | 261,772 | 252,799 | 243,530 | 232,746 | 225,915 | 215,376 |
| Pretax margin | -4.46% | -8.52% | -23.02% | -17.48% | -15.56% | -11.06% | 6.55% | 5.08% | 5.59% | 4.59% | 0.95% | -0.40% | -1.18% | -22.93% | -22.22% | -19.88% | -20.61% | 2.67% | 2.52% | -1.93% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-17,184K ÷ $385,148K
= -4.46%
Certara Inc's pretax margin has shown fluctuations over the analyzed period. Starting from March 31, 2020, with a negative margin of -1.93%, the company managed to achieve positive margins in the subsequent quarters, reaching a peak of 6.55% on June 30, 2023. However, the pretax margin deteriorated significantly in the following periods, dropping to a low of -23.02% on June 30, 2024.
Overall, although the company experienced periods of profitability, it also faced challenges in maintaining consistent positive margins. The most recent data as of December 31, 2024, shows an improvement to a negative but less severe margin of -4.46%. Certara Inc may need to focus on controlling costs and improving efficiency to sustainably enhance its pretax margin in the future.
Peer comparison
Dec 31, 2024