Torque Metals (ASX:TOR) Pre-Tax Income : A$-3.17 Mil (TTM As of Dec. 2023)

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What is Torque Metals Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Torque Metals's pretax income for the six months ended in Dec. 2023 was A$-1.70 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was A$-3.17 Mil. Torque Metals's pretax margin was %.

Torque Metals Pre-Tax Income Historical Data

The historical data trend for Torque Metals'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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Torque Metals Pre-Tax Income Chart

Torque Metals Annual Data

Trend

Jun21

Jun22

Jun23

Pre-Tax Income

-1.82

-2.16

-2.09

Torque Metals Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Pre-Tax Income	Get a 7-Day Free Trial			-0.51	-1.64	-0.62	-1.48	-1.70

Competitive Comparison of Torque Metals's Pre-Tax Income

For the Gold subindustry, Torque Metals'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.

Torque Metals's Pre-Tax Income Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Torque Metals's Pre-Tax Income distribution charts can be found below:

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

Torque Metals Pre-Tax Income Calculation

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

Torque Metals's Pretax Income for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-2.298	+	0.207	+	-0.003	+	0	+	4.4408920985006E-16
	=	-2.09

Torque Metals'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
	=	-1.862	+	0.14	+	-0.001	+	0	+	0.026
	=	-1.70

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 A$-3.17 Mil.

Torque Metals (ASX:TOR) Pre-Tax Income Explanation

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

Pretax Margin	=	Pretax Income	/	Revenue
	=	-1.697	/	0
	=	%

Torque Metals Pre-Tax Income Related Terms

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Torque Metals (ASX:TOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Torque Metals Ltd (ASX:TOR) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 - 18 Nicholson Road, Unit 8, Subiaco, WA, AUS, 6008

Website

https://www.torquemetals.com

Torque Metals Ltd is a smart exploration company with a discovery methodology, combining drilling results with machine learning algorithms and geological interpretation. The company has three projects namely; New Dawn Lithium Project, Bullfinch Gold Project, and Paris Gold Project. The Company operates in one segment being exploration in Western Australia, Australia.

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