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Wavefront Technology Solutions (TSXV:WEE.H) Pre-Tax Income : C$-1.76 Mil (TTM As of May. 2022)


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What is Wavefront Technology Solutions Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Wavefront Technology Solutions's pretax income for the three months ended in May. 2022 was C$-0.50 Mil. Its pretax income for the trailing twelve months (TTM) ended in May. 2022 was C$-1.76 Mil. Wavefront Technology Solutions's pretax margin was -108.87%.


Wavefront Technology Solutions Pre-Tax Income Historical Data

The historical data trend for Wavefront Technology Solutions'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.

Wavefront Technology Solutions Pre-Tax Income Chart

Wavefront Technology Solutions Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.71 -1.79 -0.43 -0.66 -1.37

Wavefront Technology Solutions Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 -0.35 -0.26 -0.57 -0.43 -0.50

Competitive Comparison of Wavefront Technology Solutions's Pre-Tax Income

For the Oil & Gas Equipment & Services subindustry, Wavefront Technology Solutions'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.


Wavefront Technology Solutions's Pre-Tax Income Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Wavefront Technology Solutions's Pre-Tax Income falls into.



Wavefront Technology Solutions Pre-Tax Income Calculation

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

Wavefront Technology Solutions's Pretax Income for the fiscal year that ended in Aug. 2021 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-1.306+-0.067+-0.018+0.017+0
=-1.37

Wavefront Technology Solutions's Pretax Income for the quarter that ended in May. 2022 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-0.494+-0.002+-0.007+0.001+-0.001
=-0.50

Pre-Tax Income for the trailing twelve months (TTM) ended in May. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.76 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.


Wavefront Technology Solutions  (TSXV:WEE.H) Pre-Tax Income Explanation

Wavefront Technology Solutions's Pretax Margin for the quarter that ended in May. 2022 is calculated as

Pretax Margin=Pretax Income/Revenue
=-0.503/0.462
=-108.87%

* 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.


Wavefront Technology Solutions Pre-Tax Income Related Terms

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Wavefront Technology Solutions (TSXV:WEE.H) Business Description

Traded in Other Exchanges
N/A
Address
70 Street North West, Suite 5621, Edmonton, AB, CAN, T6B 3P6
Wavefront Technology Solutions Inc is a technology company providing solutions to oil and gas exploration and production companies to maximize oil and gas production. It has two processes namely the Powerwave process which is an injection technology that improves the flow of fluids in geological materials including sedimentary soils and fractured rock, and Primawave process which is an effective method for aiding in-situ (in-ground) environmental groundwater remediation clean-up strategies in contaminated sites. Geographically it earns key revenue from the Middle East.

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