Abits Group (Abits Group) Pre-Tax Income : $-12.59 Mil (TTM As of Dec. 2023)

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What is Abits Group Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Abits Group's pretax income for the six months ended in Dec. 2023 was $-9.08 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $-12.59 Mil. Abits Group's pretax margin was -542.53%.

During the past 5 years, Abits Group's highest Pretax Margin was 81.08%. The lowest was -13121.95%. And the median was -748.22%.

Abits Group Pre-Tax Income Historical Data

The historical data trend for Abits Group'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.

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Abits Group Pre-Tax Income Chart

Abits Group Annual Data

Trend

Sep19

Sep20

Dec21

Dec22

Dec23

Pre-Tax Income

0.30

0.07

-2.74

-21.52

-12.59

Abits Group Semi-Annual Data
	Sep19	Sep20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Pre-Tax Income	Get a 7-Day Free Trial			-1.11	-0.92	-20.60	-3.50	-9.08

Competitive Comparison of Abits Group's Pre-Tax Income

For the Capital Markets subindustry, Abits Group'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.

Abits Group's Pre-Tax Income Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Abits Group's Pre-Tax Income distribution charts can be found below:

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

Abits Group Pre-Tax Income Calculation

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

Abits Group's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-5.119	+	-7.448	+	-0.019	+	0	+	0.00099999999999945
	=	-12.59

Abits Group's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-1.616	+	0	+	0	+	0	+	-7.466
	=	-9.08

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-12.59 Mil.

Abits Group (NAS:ABTS) Pre-Tax Income Explanation

Abits Group's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-9.082	/	1.674
	=	-542.53%

During the past 5 years, Abits Group's highest Pretax Margin was 81.08%. The lowest was -13121.95%. And the median was -748.22%.

Abits Group Pre-Tax Income Related Terms

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Abits Group (Abits Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Abits Group Inc (NAS:ABTS) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Canton Road, Unit 911, Tower 2, Silvercord, Tsimshatsui, Hong Kong SAR, CHN

Website

https://www.moxianglobal.com

Abits Group Inc Formerly Moxian (BVI) Inc operates in the bitcoin mining industry. The company is engaged digital asset mining pools by executing contracts with mining pool operators to provide computing power to the mining pool. The Company provides computing power to the mining pool operator and is created as power is provided over time.

Executives

Deng Conglin

director

ROOM BC, 9TH FLOOR, FU HUA BUILDING, NO. 8 BEI DA STREET, CHAO YANG DISTRICT, BEIJING F4 100000