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Converge Technology Solutions (TSX:CTS) Pre-Tax Income : C$-15 Mil (TTM As of Mar. 2024)


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What is Converge Technology Solutions Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Converge Technology Solutions's pretax income for the three months ended in Mar. 2024 was C$0 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was C$-15 Mil. Converge Technology Solutions's pretax margin was 0.00%.

During the past 6 years, Converge Technology Solutions's highest Pretax Margin was 1.80%. The lowest was -3.39%. And the median was -0.48%.


Converge Technology Solutions Pre-Tax Income Historical Data

The historical data trend for Converge Technology 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.

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Converge Technology Solutions Pre-Tax Income Chart

Converge Technology Solutions Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial -12.76 -2.50 23.97 18.79 -18.57

Converge Technology Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -3.29 -6.45 -4.37 -4.45 0.03

Competitive Comparison of Converge Technology Solutions's Pre-Tax Income

For the Information Technology Services subindustry, Converge Technology 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.


Converge Technology Solutions's Pre-Tax Income Distribution in the Software Industry

For the Software industry and Technology sector, Converge Technology Solutions's Pre-Tax Income distribution charts can be found below:

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



Converge Technology Solutions Pre-Tax Income Calculation

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

Converge Technology Solutions's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=46.619+-23.959+-41.225+0+0
=-19

Converge Technology Solutions's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=14.394+-5.939+-8.427+0+-4.6837533851374E-16
=0

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


Converge Technology Solutions  (TSX:CTS) Pre-Tax Income Explanation

Converge Technology Solutions's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=0.028/628.766
=0.00%

During the past 6 years, Converge Technology Solutions's highest Pretax Margin was 1.80%. The lowest was -3.39%. And the median was -0.48%.

* 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.


Converge Technology Solutions Pre-Tax Income Related Terms

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Converge Technology Solutions (TSX:CTS) Business Description

Traded in Other Exchanges
Address
161 Bay Street, Suite 2325, Toronto, ON, CAN, M5J 2T6
Converge Technology Solutions Corp is a Canadian company building a platform of regionally focused Hybrid IT infrastructure providers that deliver best-of-breed solutions and services in the United States. The solutions provided include multi-cloud solutions, the blockchain, resiliency, and managed services, enabling the company to address the business and IT issues that public and private-sector organizations face.
Executives
Toni Rinow Director

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