Kulicke and Soffa Industries Inc (KLIC)

Pretax margin

		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	Dec 31, 2019
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	-58,355	-39,490	-51,498	65,424	72,201	114,787	234,677	343,794	476,988	560,738	557,517	511,335	414,455	282,968	173,831	103,349	64,298	50,709	44,019	32,086
Revenue (ttm)	US$ in thousands	706,232	727,233	736,500	737,447	742,491	826,484	1,007,704	1,218,965	1,503,620	1,702,633	1,754,814	1,710,695	1,517,664	1,210,026	936,158	746,736	623,176	585,315	561,974	527,141
Pretax margin		-8.26%	-5.43%	-6.99%	8.87%	9.72%	13.89%	23.29%	28.20%	31.72%	32.93%	31.77%	29.89%	27.31%	23.39%	18.57%	13.84%	10.32%	8.66%	7.83%	6.09%

September 30, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-58,355K ÷ $706,232K
= -8.26%

The pretax margin of Kulicke and Soffa Industries Inc has shown fluctuations over the past several quarters. From December 2019 to March 2020, there was a steady increase in pretax margin, reaching a peak of 32.93% in June 2020. However, since then, the pretax margin has been declining. In the most recent quarter, the pretax margin was -8.26%, indicating the company had a negative pretax profit margin.

The negative pretax margin raises concerns about the company's profitability and operational efficiency. It is essential for the company to closely monitor its operational expenses and revenue generation to improve its pretax margin and overall financial performance. Further analysis of cost management and revenue streams may be necessary to address the declining pretax margin trend and ensure sustainable profitability in the future.