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TechFinancials (AQSE:TECH) Pre-Tax Income : £-0.15 Mil (TTM As of Jun. 2023)


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What is TechFinancials Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. TechFinancials's pretax income for the six months ended in Jun. 2023 was £-0.06 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2023 was £-0.15 Mil. TechFinancials's pretax margin was %.

During the past 12 years, TechFinancials's highest Pretax Margin was 61.39%. The lowest was -182.09%. And the median was 0.79%.


TechFinancials Pre-Tax Income Historical Data

The historical data trend for TechFinancials'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.

TechFinancials Pre-Tax Income Chart

TechFinancials 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 -3.91 -4.75 0.28 -0.25 -0.22

TechFinancials Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 -0.07 -0.19 -0.13 -0.09 -0.06

Competitive Comparison of TechFinancials's Pre-Tax Income

For the Asset Management subindustry, TechFinancials'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.


TechFinancials's Pre-Tax Income Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, TechFinancials's Pre-Tax Income distribution charts can be found below:

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



TechFinancials Pre-Tax Income Calculation

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

TechFinancials'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
=-0.144+0+-0.006+0+-0.071
=-0.22

TechFinancials's Pretax Income for the quarter that ended in Jun. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-0.074+0+-0.002+0+0.018
=-0.06

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.15 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.


TechFinancials  (AQSE:TECH) Pre-Tax Income Explanation

TechFinancials's Pretax Margin for the quarter that ended in Jun. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=-0.058/0
=%

During the past 12 years, TechFinancials's highest Pretax Margin was 61.39%. The lowest was -182.09%. And the median was 0.79%.

* 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.


TechFinancials Pre-Tax Income Related Terms

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TechFinancials (AQSE:TECH) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Craigmuir Chambers, P.O. Box 71, Tortola, Road Town, VGB, VG1110
TechFinancials Inc invests in technology related business, including artificial intelligence and machine learning and blockchain-based digitisation of assets. The Company's principle investment, RenewSenses using artificial intelligence, develops a wearable device to help people with visual impairment.

TechFinancials (AQSE:TECH) Headlines