CEVA Inc (CEVA)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | -2,755 | -8,205 | -5,108 | 5,688 | 2,521 |
| Revenue | US$ in thousands | 106,939 | 97,419 | 134,648 | 122,706 | 100,326 |
| Pretax margin | -2.58% | -8.42% | -3.79% | 4.64% | 2.51% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $-2,755K ÷ $106,939K
= -2.58%
CEVA Inc's pretax margin has fluctuated over the past five years. In December 2020, the company had a pretax margin of 2.51%, which increased to 4.64% by December 2021, reflecting improved profitability. However, the pretax margin dipped significantly to -3.79% in December 2022, indicating a downturn in financial performance. The trend continued to worsen in December 2023, with a pretax margin of -8.42%, signifying deepening losses. By December 2024, there was a slight improvement as the pretax margin decreased to -2.58%, but the company still operated at a loss. Overall, CEVA Inc's pretax margin has been inconsistent, with a mix of positive and negative performances in recent years, suggesting a need for strategic measures to enhance profitability and financial stability.
Peer comparison
Dec 31, 2024