Sprinklr Inc (CXM)
Pretax margin
| Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 60,481 | 34,402 | 11,375 | -23,069 | -47,468 | -158,788 | -181,163 | -189,249 |
| Revenue (ttm) | US$ in thousands | 732,360 | 703,484 | 674,410 | 646,575 | 618,190 | 588,525 | 558,330 | 525,140 |
| Pretax margin | 8.26% | 4.89% | 1.69% | -3.57% | -7.68% | -26.98% | -32.45% | -36.04% |
January 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $60,481K ÷ $732,360K
= 8.26%
Sprinklr Inc's pretax margin has shown significant variability over the past eight quarters. The pretax margin improved steadily from April 2022 to January 2024, indicating a positive trend in the company's profitability before tax expenses.
In January 2024, the pretax margin stood at 8.26%, reflecting the company's ability to generate profits before accounting for tax obligations. This marked an improvement compared to the previous quarters, where the pretax margin ranged from 4.89% in October 2023 to -36.04% in April 2022.
The positive pretax margin in January 2024 suggests that Sprinklr Inc has been successful in managing its expenses efficiently, increasing revenues, or both. Investors and stakeholders may view this improvement positively as it indicates a healthier financial performance for the company. However, it is essential to monitor future quarterly results to ensure the sustainability of this positive trend.
Peer comparison
Jan 31, 2024