Grounded Lithium (TSXV:GRD) Pre-Tax Income : C$-3.01 Mil (TTM As of Mar. 2024)

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What is Grounded Lithium Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Grounded Lithium's pretax income for the three months ended in Mar. 2024 was C$-0.51 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was C$-3.01 Mil. Grounded Lithium's pretax margin was -12,700.00%.

Grounded Lithium Pre-Tax Income Historical Data

The historical data trend for Grounded Lithium'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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Grounded Lithium Pre-Tax Income Chart

Grounded Lithium Annual Data

Trend

Dec21

Dec22

Dec23

Pre-Tax Income

-0.38

-6.98

-4.19

Grounded Lithium Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Pre-Tax Income	Get a 7-Day Free Trial							-1.68	-0.94	-0.78	-0.78	-0.51

Competitive Comparison of Grounded Lithium's Pre-Tax Income

For the Other Industrial Metals & Mining subindustry, Grounded Lithium'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.

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

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

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

Grounded Lithium Pre-Tax Income Calculation

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

Grounded Lithium'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
	=	-4.161	+	-0.031	+	-0.011	+	0.016	+	-8.8817841970013E-16
	=	-4.19

Grounded Lithium'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
	=	-0.507	+	0	+	-0.001	+	0	+	0
	=	-0.51

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$-3.01 Mil.

Grounded Lithium (TSXV:GRD) Pre-Tax Income Explanation

Grounded Lithium's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-0.508	/	0.004
	=	-12,700.00%

Grounded Lithium Pre-Tax Income Related Terms

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Grounded Lithium (TSXV:GRD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Grounded Lithium Corp (TSXV:GRD) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

GRDAF:USA

Address

500, 400-5th Avenue SW, Calgary, AB, CAN, T2P 0L6

Website

https://www.groundedlithium.com

Grounded Lithium Corp is a lithium resource company focused on supplying lithium to the rapidly developing electricity-powered economy. It controls approximately 2.9 million tonnes of lithium carbonate equivalent over its focused land holdings in Southwest Saskatchewan.

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