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Borqs Technologies (Borqs Technologies) Pre-Tax Income : $-52.42 Mil (TTM As of Jun. 2023)


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What is Borqs Technologies Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Borqs Technologies's pretax income for the six months ended in Jun. 2023 was $-28.80 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2023 was $-52.42 Mil. Borqs Technologies's pretax margin was -192.11%.

During the past 7 years, Borqs Technologies's highest Pretax Margin was -32.87%. The lowest was -188.27%. And the median was -54.98%.


Borqs Technologies Pre-Tax Income Historical Data

The historical data trend for Borqs Technologies'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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Borqs Technologies Pre-Tax Income Chart

Borqs Technologies Annual Data
Trend Jun16 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22
Pre-Tax Income
Get a 7-Day Free Trial -68.73 -32.53 -35.68 -55.66 -28.89

Borqs Technologies Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 -29.57 -26.09 -5.27 -23.61 -28.80

Competitive Comparison of Borqs Technologies's Pre-Tax Income

For the Software - Application subindustry, Borqs Technologies'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.


Borqs Technologies's Pre-Tax Income Distribution in the Software Industry

For the Software industry and Technology sector, Borqs Technologies's Pre-Tax Income distribution charts can be found below:

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



Borqs Technologies Pre-Tax Income Calculation

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

Borqs Technologies'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
=-0.787+-16.414+-11.732+0.047+0
=-28.89

Borqs Technologies's Pretax Income for the quarter that ended in Jun. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-9.07+-16.219+-3.571+0.059+0
=-28.80

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-52.42 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.


Borqs Technologies  (OTCPK:BRQSF) Pre-Tax Income Explanation

Borqs Technologies's Pretax Margin for the quarter that ended in Jun. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=-28.801/14.992
=-192.11%

During the past 7 years, Borqs Technologies's highest Pretax Margin was -32.87%. The lowest was -188.27%. And the median was -54.98%.

* 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.


Borqs Technologies Pre-Tax Income Related Terms

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Borqs Technologies (Borqs Technologies) Business Description

Traded in Other Exchanges
N/A
Address
7 Shing Yip Street, Office B, 21st Floor, Legend Tower, Kwun Tong, Kowloon, HKG
Borqs Technologies Inc operates as a software development company. It is engaged in software, development services, and products providing customizable, differentiated, and scalable Android-based smart connected devices and cloud service solutions. The company's segment include Connected Solutions. Borqs derives most of its revenues from its Connected Solution which includes Software and Hardware. Its geographical segments include China, India, the United States, and the Rest of the World.
Executives
Bill Huang director 6190 CORNERSTONE COURT, SUITE 202, SAN DIEGO CA 92121
Asset Horizon International Ltd 10 percent owner FLAT C, 8/F., JONSIM PLACE, 228 QUEEN'S ROAD EAST, HONG KONG K3 000 000
Zhengqi International Holding Ltd 10 percent owner 40 WALL STREET, 28TH FL, NEW YORK NY 10005
George Thangadurai officer: EVP and President of Int Bus 6190 CORNERSTONE COURT, SAN DIEGO CA 92121
Simon Sun officer: EVP & Co-GM of Prod. Bus. Unit 6190 CORNERSTONE COURT, SUITE 202, SAN DIEGO CA 92121
Wong Joseph Wai Leung director 6190 CORNERSTONE COURT, SUITE 202, SAN DIEGO CA 92121
Gene Wuu officer: EVP & GM of Cloud Bus Unit 6190 CORNERSTONE COURT, SUITE 202, SAN DIEGO CA 92121
Hareesh Ramanna officer: EVP and GM of Cloud Bus Unit 6190 CORNERSTONE COURT, SUITE 202, SAN DIEGO CA 92121
Ye Eric Tao director 6190 CORNERSTONE COURT, SUITE 202, SAN DIEGO CA 92121
Pat Chan director, officer: Chair. of the Board, CEO & Pre UTSTARCOM, INC., 1275 HARBOR BAY PARKWAY, ALAMEDA CA 94502
Anthony K Chan officer: CFO, EVP Corp. Finance 32108 ALVARADO BLVD., UNIT 138, UNION CITY CA 94587
Intel Corp 10 percent owner 2200 MISSION COLLEGE BLVD, RNB-4-151, SANTA CLARA CA 95054
Bob Li officer: EVP Corp Affairs & China Sale 6190 CORNERSTONE COURT, SUITE 202, SAN DIEGO CA 92121
Norwest Venture Partners X L P 10 percent owner 525 UNIVERSITY AVE SUITE 800, PALO ALTO CA 94301
Jian Tu director, officer: President & Chairman 40 WALL STREET, 28TH FL, NEW YORK NY 10005