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Wescan Energy (TSXV:WCE) Pre-Tax Income : C$0.28 Mil (TTM As of Dec. 2023)


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What is Wescan Energy Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Wescan Energy's pretax income for the three months ended in Dec. 2023 was C$0.18 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was C$0.28 Mil. Wescan Energy's pretax margin was 28.79%.

During the past 13 years, Wescan Energy's highest Pretax Margin was 135.27%. The lowest was -1161.11%. And the median was -17.77%.


Wescan Energy Pre-Tax Income Historical Data

The historical data trend for Wescan Energy'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.

Wescan Energy Pre-Tax Income Chart

Wescan Energy Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.59 -2.95 8.43 0.06 -0.14

Wescan Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.38 0.09 - - 0.18

Competitive Comparison of Wescan Energy's Pre-Tax Income

For the Oil & Gas E&P subindustry, Wescan Energy'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.


Wescan Energy's Pre-Tax Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Wescan Energy's Pre-Tax Income distribution charts can be found below:

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



Wescan Energy Pre-Tax Income Calculation

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

Wescan Energy's Pretax Income for the fiscal year that ended in Mar. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-0.156+0.106+-0.086+0+0
=-0.14

Wescan Energy's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-0.032+0.019+0+0.197+0
=0.18

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.28 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.


Wescan Energy  (TSXV:WCE) Pre-Tax Income Explanation

Wescan Energy's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=0.184/0.639
=28.79%

During the past 13 years, Wescan Energy's highest Pretax Margin was 135.27%. The lowest was -1161.11%. And the median was -17.77%.

* 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.


Wescan Energy Pre-Tax Income Related Terms

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Wescan Energy (TSXV:WCE) Business Description

Traded in Other Exchanges
Address
520 - 5th Avenue SW, Suite 2500, Calgary, AB, CAN, T2P 3R5
Wescan Energy Corp is in the business of oil and gas exploration, development and production with oil and gas operations and property interests in Alberta, Canada and Texas, U.S.A. It operates in a single reporting segment which is Oil and Gas Exploration and Production.
Executives
Shubham Garg Director

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