BitMine Immersion Technologies (BitMine Immersion Technologies) Pre-Tax Income : $-3.52 Mil (TTM As of Feb. 2024)

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What is BitMine Immersion Technologies Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. BitMine Immersion Technologies's pretax income for the three months ended in Feb. 2024 was $-0.90 Mil. Its pretax income for the trailing twelve months (TTM) ended in Feb. 2024 was $-3.52 Mil. BitMine Immersion Technologies's pretax margin was -101.23%.

During the past 2 years, BitMine Immersion Technologies's highest Pretax Margin was -196.65%. The lowest was -468.46%. And the median was -425.32%.

BitMine Immersion Technologies Pre-Tax Income Historical Data

The historical data trend for BitMine Immersion Technologies'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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BitMine Immersion Technologies Pre-Tax Income Chart

BitMine Immersion Technologies Annual Data

Trend

Aug22

Aug23

Pre-Tax Income

-2.01

-2.47

BitMine Immersion Technologies Quarterly Data
	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Pre-Tax Income	Get a 7-Day Free Trial				-0.31	-0.52	-1.16	-0.93	-0.90

Competitive Comparison of BitMine Immersion Technologies's Pre-Tax Income

For the Capital Markets subindustry, BitMine Immersion Technologies'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.

BitMine Immersion Technologies's Pre-Tax Income Distribution in the Capital Markets Industry

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

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

BitMine Immersion Technologies Pre-Tax Income Calculation

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

BitMine Immersion Technologies's Pretax Income for the fiscal year that ended in Aug. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-2.308	+	-0.088	+	-0.097	+	0.029	+	-0.00099999999999989
	=	-2.47

BitMine Immersion Technologies's Pretax Income for the quarter that ended in Feb. 2024 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-0.725	+	-0.138	+	-0.054	+	0.015	+	-0.001
	=	-0.90

Pre-Tax Income for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.52 Mil.

BitMine Immersion Technologies (OTCPK:BMNR) Pre-Tax Income Explanation

BitMine Immersion Technologies's Pretax Margin for the quarter that ended in Feb. 2024 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-0.903	/	0.892
	=	-101.23%

During the past 2 years, BitMine Immersion Technologies's highest Pretax Margin was -196.65%. The lowest was -468.46%. And the median was -425.32%.

BitMine Immersion Technologies Pre-Tax Income Related Terms

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BitMine Immersion Technologies (BitMine Immersion Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » BitMine Immersion Technologies Inc (OTCPK:BMNR) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

2030 Powers Ferry Road SE, Suite No. 212, Atlanta, GA, USA, 30339

Website

https://www.bitminetech.io

BitMine Immersion Technologies Inc is a blockchain technology company that is building out industrial-scale digital asset mining, equipment sales, and hosting operations. The company's primary business is data center focused, both mining Bitcoin for its own account as well as hosting third-party Bitcoin mining servers.