Mesa Laboratories Inc (MLAB)

Pretax margin

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Earnings before tax but after interest (EBT)	US$ in thousands	5,961	-275,648	-389	3,574	2,303
Revenue	US$ in thousands	—	216,187	219,080	184,335	133,937
Pretax margin		—	-127.50%	-0.18%	1.94%	1.72%

March 31, 2025 calculation

Pretax margin = EBT ÷ Revenue
= $5,961K ÷ $—K
= —

The pretax margin of Mesa Laboratories Inc has shown varying trends over the years based on the provided data.

In March 31, 2021, the pretax margin was 1.72%, which indicates that the company was able to generate a profit before taxes equivalent to 1.72% of its total revenue.

By March 31, 2022, there was a slight improvement in the pretax margin to 1.94%, suggesting that the company was able to slightly increase its profitability before taxes.

However, in March 31, 2023, the pretax margin turned negative at -0.18%, indicating that the company incurred losses before taxes during that period.

The situation worsened significantly by March 31, 2024, where the pretax margin plummeted to -127.50%. This indicates a substantial loss before taxes in relation to revenue.

The data for March 31, 2025, marked as "—," needs further clarification as no specific pretax margin figure is provided.

Overall, the pretax margin of Mesa Laboratories Inc has shown volatility, with fluctuations ranging from positive to negative values, highlighting the company's varying levels of profitability over the years in consideration.