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Ascend Wellness Holdings (XCNQ:AAWH.U) Pre-Tax Income : $-12.0 Mil (TTM As of Mar. 2024)


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What is Ascend Wellness Holdings Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Ascend Wellness Holdings's pretax income for the three months ended in Mar. 2024 was $-5.7 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $-12.0 Mil. Ascend Wellness Holdings's pretax margin was -3.97%.

During the past 5 years, Ascend Wellness Holdings's highest Pretax Margin was -2.19%. The lowest was -270.74%. And the median was -9.66%.


Ascend Wellness Holdings Pre-Tax Income Historical Data

The historical data trend for Ascend Wellness Holdings'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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Ascend Wellness Holdings Pre-Tax Income Chart

Ascend Wellness Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
-32.58 -5.14 -80.94 -39.21 -14.76

Ascend Wellness Holdings Quarterly Data
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 -8.46 5.58 -4.51 -7.37 -5.65

Competitive Comparison of Ascend Wellness Holdings's Pre-Tax Income

For the Drug Manufacturers - Specialty & Generic subindustry, Ascend Wellness Holdings'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.


Ascend Wellness Holdings's Pre-Tax Income Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Ascend Wellness Holdings's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Ascend Wellness Holdings's Pre-Tax Income falls into.



Ascend Wellness Holdings Pre-Tax Income Calculation

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

Ascend Wellness Holdings'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
=-3.845+26.069+-36.984+0+1.7763568394003E-15
=-14.8

Ascend Wellness Holdings'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
=2.564+0.321+-8.538+0+8.8817841970013E-16
=-5.7

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 $-12.0 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.


Ascend Wellness Holdings  (XCNQ:AAWH.U) Pre-Tax Income Explanation

Ascend Wellness Holdings's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=-5.653/142.41
=-3.97%

During the past 5 years, Ascend Wellness Holdings's highest Pretax Margin was -2.19%. The lowest was -270.74%. And the median was -9.66%.

* 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.


Ascend Wellness Holdings Pre-Tax Income Related Terms

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Ascend Wellness Holdings (XCNQ:AAWH.U) Business Description

Traded in Other Exchanges
Address
1411 Broadway, 16th Floor, New York, NY, USA, 10018
Ascend Wellness Holdings Inc is a vertically integrated multi-state operator focused on adult-use or near-term adult-use cannabis states in limited license markets. The company's core business is the cultivation, manufacturing, and distribution of cannabis consumer packaged goods, which it sells through company-owned retail stores and third-party licensed cannabis retail stores. It generates maximum revenue from the retail product segment.

Ascend Wellness Holdings (XCNQ:AAWH.U) Headlines

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