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SMG Industries (SMG Industries) Pre-Tax Income : $-8.44 Mil (TTM As of Sep. 2023)


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What is SMG Industries Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. SMG Industries's pretax income for the three months ended in Sep. 2023 was $-1.23 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2023 was $-8.44 Mil. SMG Industries's pretax margin was -3.69%.

During the past 13 years, SMG Industries's highest Pretax Margin was 23.00%. The lowest was -679.57%. And the median was -22.04%.


SMG Industries Pre-Tax Income Historical Data

The historical data trend for SMG Industries's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SMG Industries Pre-Tax Income Chart

SMG Industries Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.14 -3.46 -14.11 -11.49 -11.75

SMG Industries Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.20 -1.94 -3.53 -1.76 -1.23

Competitive Comparison of SMG Industries's Pre-Tax Income

For the Oil & Gas Equipment & Services subindustry, SMG Industries's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SMG Industries's Pre-Tax Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, SMG Industries's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where SMG Industries's Pre-Tax Income falls into.



SMG Industries Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

SMG Industries's Pretax Income for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-3.343+1.024+-9.432+0+1.7763568394003E-15
=-11.75

SMG Industries's Pretax Income for the quarter that ended in Sep. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-2.891+2.915+-1.288+0.035+0.0010000000000003
=-1.23

Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8.44 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


SMG Industries  (OTCPK:SMGI) Pre-Tax Income Explanation

SMG Industries's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=-1.228/33.29
=-3.69%

During the past 13 years, SMG Industries's highest Pretax Margin was 23.00%. The lowest was -679.57%. And the median was -22.04%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


SMG Industries Pre-Tax Income Related Terms

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SMG Industries (SMG Industries) Business Description

Traded in Other Exchanges
N/A
Address
State Hwy 249, Suite 450, Houston, TX, USA, 77070
SMG Industries Inc is an oilfield service company that is a growth-oriented midstream, logistics, and oilfield services company that operates throughout the domestic Southwest United States. It offers an expanding suite of products and services across the oilfield market segments of drilling, completion, and production.
Executives
Timothy W Barnhart director, officer: Chief Financial Officer 9251 WEST MAIN ROAD, NORTH EAST PA 16428
Bryan S Barnhart director, officer: Chief Executive Officer 9251 WEST MAIN ROAD, NORTH EAST PA 16428
Wilson Newton W Iii director, 10 percent owner C/O KEY ENERGY SERVICES, INC., 1301 MCKINNEY STREET, SUITE 1800, HOUSTON TX 77010
Frye James E. Jr. director, 10 percent owner 4090 N. HWY US 79, PALESTINE TX 75801
Newton W. Dorsett director 220 TRAVIS STREET, SUITE 501, SHREVEPORT LA 71101
Brady E. Crosswell director, 10 percent owner 902 WILD VALLEY ROAD, HOUSTON TX 77057
Steven H Madden 10 percent owner 9821 KATY FWY, STE 880, APEX HERITAGE GROUP, HOUSTON TX 77024
Allen Ray Parrott officer: Chief Financial Officer 10626 SHELDON ROAD, HOUSTON TX 77044
Jeffrey Ralph Martini officer: Chief Executive Officer 18226 MEMORIAL SPRINGS CT., TOMBALL TX 77375
Joseph L Page director 8523 OLD QUARRY DR, SUGAR LAND TX 77479
Matthew C Flemming director, officer: President, CEO and Chairman 18614 RESICA FALLS, HOUSTON TX 77094
Stephen Christian officer: Executive Vice President 710 N. POST ROAD, SUITE 400, HOUSTON TX 77024
Robert Michael Villarreal director 710 N POST OAK ROAD, SUITE 315, HOUSTON TX 77024
George W Gilman 10 percent owner 710 N. POST OAK RD., SUITE 400, HOUSTON TX 77024
Gilbert Michael A. Ii director 851 WYCLIFFE DRIVE, HOUSTON TX 77079