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Polished.com (Polished.com) Pre-Tax Income : $-133.0 Mil (TTM As of Sep. 2023)


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What is Polished.com Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Polished.com's pretax income for the three months ended in Sep. 2023 was $-6.8 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2023 was $-133.0 Mil. Polished.com's pretax margin was -8.74%.

During the past 5 years, Polished.com's highest Pretax Margin was 3.56%. The lowest was -49.36%. And the median was -13.65%.


Polished.com Pre-Tax Income Historical Data

The historical data trend for Polished.com'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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Polished.com Pre-Tax Income Chart

Polished.com Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Pre-Tax Income
2.01 - -20.87 -7.48 -134.37

Polished.com Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23
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 -5.25 -7.57 -127.48 1.33 -6.80

Competitive Comparison of Polished.com's Pre-Tax Income

For the Specialty Retail subindustry, Polished.com'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.


Polished.com's Pre-Tax Income Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Polished.com's Pre-Tax Income distribution charts can be found below:

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



Polished.com Pre-Tax Income Calculation

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

Polished.com's Pretax Income for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-0.426+-111.75+-3.94+0.518+-18.776
=-134.4

Polished.com's Pretax Income for the quarter that ended in Sep. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-3.438+0.673+-1.886+0.407+-2.557
=-6.8

Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-133.0 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.


Polished.com  (OTCPK:POLCQ) Pre-Tax Income Explanation

Polished.com's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=-6.801/77.818
=-8.74%

During the past 5 years, Polished.com's highest Pretax Margin was 3.56%. The lowest was -49.36%. And the median was -13.65%.

* 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.


Polished.com Pre-Tax Income Related Terms

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Polished.com (Polished.com) Business Description

Traded in Other Exchanges
N/A
Address
1870 Bath Avenue, Brooklyn, NY, USA, 11214
Polished.com Inc is an e-commerce destination for home furnishings, appliances, furniture, home goods, and related products. It sells various products such as refrigerators, ranges, ovens, dishwashers, microwaves, freezers, washers, and dryers. The firm's brand portfolio consists of Bosch, Whirlpool, GE, Maytag, LG, Samsung, Sharp, and Kitchen Aid, among others.
Executives
Houman Akhavan director C/O U. S. AUTO PARTS NETWORK, INC., 17150 SOUTH MARGAY AVENUE, CARSON CA 90746
John E. Bunka officer: Interim CEO C/O POLISHED.COM INC., 1870 BATH AVENUE, BROOKLYN NY 11214
James M Schneider director C/O GAP, INC., 2 FOLSOM ST., SAN FRANCISCO CA 94105
Maria Johnson officer: Chief Financial Officer C/O 1847 GOEDEKER INC., 3817 MILLSTONE PARKWAY, ST. CHARLES MO 63301
Albert Fouerti director C/O 1847 GOEDEKER INC., 3817 MILLSTONE PARKWAY, ST. CHARLES MO 63301
Clark R. Crosnoe director 13850 MANCHESTER RD, C/O 1847 GOEDEKER INC.,, BALLWIN MO 63011
Glyn C. Milburn director 13850 MANCHESTER RD, C/O 1847 GOEDEKER INC., BALLWIN MO 63011
Gary Alan Shaw director C/O 1847 GOEDEKER INC., 3817 MILLSTON PARKWAY, ST. CHARLES MO 63301
Selim A Bassoul director C/O MIDDLEBY CORP, 1400 TOASTMASTER DRIVE, ELGIN IL 8477413300
Thomas S. Harcum officer: CMO and CTO C/O 1847 GOEDEKER INC., 13850 MANCHESTER RD., BALLWIN MO 63011
Alan P. Shor director C/O 1847 GOEDEKER INC., 3817 MILLSTONE PARKWAY, ST. CHARLES MO 63301
Jacob Guilhas officer: VP of Logistics 13850 MANCHESTER RD., BALLWIN MO 63011
1847 Holdings Llc 10 percent owner 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Edward Tobin director C/O GEM SURGILIGHT INVESTORS, LLC, 9 WEST 57TH STREET, 46TH FLOOR, NEW YORK NY 10022
1847 Goedeker Holdco Inc. 10 percent owner 13850 MANCHESTER RD., BALLWIN MO 63011