VAR Resources (TSXV:VAR) Pre-Tax Income : C$-0.27 Mil (TTM As of Jul. 2022)

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What is VAR Resources Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. VAR Resources's pretax income for the three months ended in Jul. 2022 was C$-0.06 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jul. 2022 was C$-0.27 Mil. VAR Resources's pretax margin was %.

VAR Resources Pre-Tax Income Historical Data

The historical data trend for VAR Resources'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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VAR Resources Pre-Tax Income Chart

VAR Resources Annual Data

Trend

Oct12

Oct13

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Pre-Tax Income

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-0.45

-0.22

-0.18

-0.08

-0.16

VAR Resources Quarterly Data
	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22
Pre-Tax Income	Get a 7-Day Free Trial															-0.02	-0.04	-0.04	-0.13	-0.06

Competitive Comparison of VAR Resources's Pre-Tax Income

For the Other Industrial Metals & Mining subindustry, VAR Resources'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.

VAR Resources's Pre-Tax Income Distribution in the Metals & Mining Industry

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

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

VAR Resources Pre-Tax Income Calculation

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

VAR Resources's Pretax Income for the fiscal year that ended in Oct. 2021 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-0.161	+	0.007	+	-0.002	+	0	+	0
	=	-0.16

VAR Resources's Pretax Income for the quarter that ended in Jul. 2022 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-0.057	+	0	+	0	+	0	+	0
	=	-0.06

Pre-Tax Income for the trailing twelve months (TTM) ended in Jul. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.27 Mil.

VAR Resources (TSXV:VAR) Pre-Tax Income Explanation

VAR Resources's Pretax Margin for the quarter that ended in Jul. 2022 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-0.057	/	0
	=	%

VAR Resources Pre-Tax Income Related Terms

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