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Certive Solutions (Certive Solutions) Pre-Tax Income : $-1.58 Mil (TTM As of Feb. 2024)


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What is Certive Solutions Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Certive Solutions's pretax income for the three months ended in Feb. 2024 was $-0.44 Mil. Its pretax income for the trailing twelve months (TTM) ended in Feb. 2024 was $-1.58 Mil. Certive Solutions's pretax margin was -129.82%.

During the past 13 years, Certive Solutions's highest Pretax Margin was -59.93%. The lowest was -436.80%. And the median was -131.45%.


Certive Solutions Pre-Tax Income Historical Data

The historical data trend for Certive Solutions'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.

Certive Solutions Pre-Tax Income Chart

Certive Solutions Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.11 -2.00 -2.04 -2.63 -1.67

Certive Solutions Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -0.47 -0.17 -0.44 -0.53 -0.44

Competitive Comparison of Certive Solutions's Pre-Tax Income

For the Health Information Services subindustry, Certive Solutions'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.


Certive Solutions's Pre-Tax Income Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Certive Solutions's Pre-Tax Income distribution charts can be found below:

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



Certive Solutions Pre-Tax Income Calculation

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

Certive Solutions's Pretax Income for the fiscal year that ended in May. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-1.403+0.648+-0.914+0+-0.00099999999999989
=-1.67

Certive Solutions'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
=-0.173+-0.007+-0.264+0+0
=-0.44

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 $-1.58 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.


Certive Solutions  (OTCPK:CTVEF) Pre-Tax Income Explanation

Certive Solutions's Pretax Margin for the quarter that ended in Feb. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=-0.444/0.342
=-129.82%

During the past 13 years, Certive Solutions's highest Pretax Margin was -59.93%. The lowest was -436.80%. And the median was -131.45%.

* 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.


Certive Solutions Pre-Tax Income Related Terms

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Certive Solutions (Certive Solutions) Business Description

Traded in Other Exchanges
Address
8149 North 87th Place, Scottsdale, AZ, USA, 85258
Certive Solutions Inc is a service provider in the Revenue Cycle Management (RCM) segment of the United States healthcare industry. The company provides claims audit and recovery solutions. Along with its subsidiaries, the Titan and Omega divisions provide retrospective claim audits against payer contracts, identify underpayments, and rebill and collect revenues for hospital customers. Its lines of business include billing support, claim audit and recovery, consulting services and chargemaster/lost charge recovery. The Company currently provides services to hospital clients enhancing the efficiency and effectiveness of lost charge recovery services, in revenue-sharing relationships that improve hospital clients' net operating results.

Certive Solutions (Certive Solutions) Headlines

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