Sprinklr Inc (CXM)
Pretax margin
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | ||
|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 60,522 | -47,468 | -104,554 |
| Revenue | US$ in thousands | 732,360 | 618,190 | 489,128 |
| Pretax margin | 8.26% | -7.68% | -21.38% |
January 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $60,522K ÷ $732,360K
= 8.26%
Sprinklr Inc's pretax margin has shown varying levels of profitability over the past three years. In January 2024, the pretax margin stood at 8.26%, indicating that the company generated $0.0826 in pretax profit for every $1 of revenue. This represents a significant improvement compared to the previous year, where the pretax margin was negative at -7.68%.
Looking further back to January 2022, the pretax margin was even lower at -21.38%, reflecting a period of substantial losses before the recent recovery. While the positive trend in pretax margin from 2022 to 2024 is a positive sign, it is important for Sprinklr Inc to sustain and potentially increase their profitability in order to ensure long-term financial stability and growth.
Peer comparison
Jan 31, 2024