PDF Solutions Inc (PDFS)

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 6,579 5,248 2,652 3,856 4,869 5,800 6,966 4,178 470 -5,982 -10,083 -14,638 -18,316 -19,974 -21,737 -20,693 -18,059 -12,837 -10,371 -8,578
Revenue (ttm) US$ in thousands 179,465 170,505 166,446 166,386 165,835 165,233 162,743 155,810 148,549 137,912 127,607 120,358 111,060 103,541 97,098 91,088 88,046 88,241 87,043 86,202
Pretax margin 3.67% 3.08% 1.59% 2.32% 2.94% 3.51% 4.28% 2.68% 0.32% -4.34% -7.90% -12.16% -16.49% -19.29% -22.39% -22.72% -20.51% -14.55% -11.91% -9.95%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $6,579K ÷ $179,465K
= 3.67%

PDF Solutions Inc's pretax margin has shown a steady improvement over the past few years, starting from negative figures in early 2020 to reaching positive territory by the end of 2022. The trend continued positively, with the pretax margin steadily increasing through 2023 and 2024. This indicates that the company's profitability before taxes has been improving, reflecting better cost management and operational efficiency. The positive pretax margin in recent quarters suggests that PDF Solutions Inc has been able to generate more income relative to its revenue, which is a positive sign for investors and stakeholders.