STAAR Surgical Company (STAA)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | -9,052 | 33,696 | 45,802 | 31,304 | 8,267 |
| Revenue | US$ in thousands | 313,901 | 322,415 | 284,391 | 230,472 | 163,460 |
| Pretax margin | -2.88% | 10.45% | 16.11% | 13.58% | 5.06% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $-9,052K ÷ $313,901K
= -2.88%
The pretax margin of STAAR Surgical Company has shown varying trends over the years. It increased from 5.06% in December 2020 to 16.11% in December 2022, reflecting improved operational efficiency and profitability. However, there was a significant decline to 10.45% in December 2023, indicating potential challenges or changes in the company's financial performance. By the end of December 2024, the pretax margin had turned negative at -2.88%, which suggests that the company may have incurred losses or faced difficulties in generating profits before accounting for taxes. The fluctuating pretax margin highlights the importance of closely monitoring the company's financial performance and identifying key factors influencing its profitability.
Peer comparison
Dec 31, 2024