QualTek Services (QualTek Services) Pre-Tax Income : $-111.1 Mil (TTM As of Mar. 2023)

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What is QualTek Services Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. QualTek Services's pretax income for the three months ended in Mar. 2023 was $-46.9 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2023 was $-111.1 Mil. QualTek Services's pretax margin was -29.99%.

During the past 4 years, QualTek Services's highest Pretax Margin was -10.27%. The lowest was -16.59%. And the median was -14.13%.

QualTek Services Pre-Tax Income Historical Data

The historical data trend for QualTek Services'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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QualTek Services Pre-Tax Income Chart

QualTek Services Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Pre-Tax Income

-61.53

-94.22

-101.58

-104.79

QualTek Services Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Pre-Tax Income	Get a 7-Day Free Trial							-40.55	-25.65	-6.92	-31.68	-46.85

Competitive Comparison of QualTek Services's Pre-Tax Income

For the Telecom Services subindustry, QualTek Services'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.

QualTek Services's Pre-Tax Income Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, QualTek Services's Pre-Tax Income distribution charts can be found below:

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

QualTek Services Pre-Tax Income Calculation

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

QualTek Services'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
	=	-39.704	+	-5.771	+	-59.317	+	0	+	0
	=	-104.8

QualTek Services's Pretax Income for the quarter that ended in Mar. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-26.573	+	0.304	+	-20.583	+	0	+	0
	=	-46.9

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-111.1 Mil.

QualTek Services (OTCPK:QTEKQ) Pre-Tax Income Explanation

QualTek Services's Pretax Margin for the quarter that ended in Mar. 2023 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-46.852	/	156.246
	=	-29.99%

During the past 4 years, QualTek Services's highest Pretax Margin was -10.27%. The lowest was -16.59%. And the median was -14.13%.

QualTek Services Pre-Tax Income Related Terms

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QualTek Services (QualTek Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » QualTek Services Inc (OTCPK:QTEKQ) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

475 Sentry Parkway E, Suite 200, Blue Bell, PA, USA, 19422

Website

https://www.qualtekservices.com

QualTek Services Inc is a technology-driven provider of infrastructure services to the 5G wireless, telecom, power grid modernization, and renewable energy sectors across North America.

Executives

Emanuel R Pearlman	director	250 EAST 79TH STREET, NEW YORK NY 10075
Alan Jeffrey Carr	director	8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Matthew J. Mccolgan	officer: Chief Financial Officer	475 SENTRY PARKWAY E, STE 200, BLUE BELL PA 19422
John A Kritzmacher	director	C/O GLOBAL CROSSING LIMITED, 200 PARK AVENUE, SUITE 300, FLORHAM PARK NJ 07932
Bruce E Roberson	director	5416 HOLLY SPRINGS DR, HOUSTON TX 77056
Cielo Hernandez	director	C/O XL FLEET CORP., 145 NEWTON STREET, BOSTON MA 02135
Adam Paul Spittler	officer: Chief Financial Officer	C/O QUALTEK SERVICES INC., 475 SENTRY PARKWAY E, SUITE 200, BLUE BELL PA 19422
Christopher Scott Hisey	director, officer: CEO and Director	818 HIDDEN FOREST DRIVE, COLLEGEVILLE PA 19426
Elizabeth Downey	officer: Chief Administrative Officer	1777 SENTRY PARKWAY WEST, SUITE 302, BLUE BELL PA 19422
Daniel Lafond	director	C/O QUALTEK SERVICES INC., 475 SENTRY PARKWAY E, SUITE 200, BLUE BELL PA 19422
Brightstar Gp Investors, Llc	director, 10 percent owner	C/O QUALTEK SERVICES INC., 475 SENTRY PARKWAY E, SUITE 200, BLUE BELL PA 19422
Bcp Qualtek Ii, Llc	director, 10 percent owner	C/O QUALTEK SERVICES INC., 475 SENTRY PARKWAY E, SUITE 200, BLUE BELL PA 19422
Bcp Qualtek, Llc	director, 10 percent owner	C/O QUALTEK SERVICES INC., 475 SENTRY PARKWAY E, SUITE 200, BLUE BELL PA 19422
Raul A Deju	director
Maha Eltobgy	director	C/O QUALTEK SERVICES INC., 475 SENTRY PARKWAY E, SUITE 200, BLUE BELL PA 19422