CEVA Inc (CEVA)
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 | -2,755 | -3,700 | -5,029 | -11,614 | -9,133 | -7,988 | -10,733 | -6,009 | -5,108 | -1,916 | 4,109 | 6,601 | 5,688 | 5,299 | 4,674 | 2,059 | 2,521 | 3,969 | 3,283 | 2,667 |
| Revenue (ttm) | US$ in thousands | 106,939 | 101,878 | 98,744 | 96,479 | 100,669 | 109,909 | 119,496 | 126,519 | 134,648 | 135,303 | 134,433 | 131,695 | 122,706 | 116,794 | 108,964 | 102,113 | 100,326 | 100,493 | 99,004 | 93,798 |
| Pretax margin | -2.58% | -3.63% | -5.09% | -12.04% | -9.07% | -7.27% | -8.98% | -4.75% | -3.79% | -1.42% | 3.06% | 5.01% | 4.64% | 4.54% | 4.29% | 2.02% | 2.51% | 3.95% | 3.32% | 2.84% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-2,755K ÷ $106,939K
= -2.58%
CEVA Inc's pretax margin has shown fluctuating trends over the period from March 31, 2020, to December 31, 2024. The pretax margin started at 2.84% in March 2020, increased to a peak of 5.01% in March 2022, and then deteriorated significantly, reaching a low of -12.04% in March 2024. There was a slight improvement to -2.58% by December 2024. This trend indicates volatility and potential challenges in maintaining consistent profitability before taxes. It is crucial for the company to closely monitor and manage its operational efficiency and cost structure to enhance its pretax margin stability and ensure sustainable financial performance.
Peer comparison
Dec 31, 2024