Pretax income is the income that a company earns before paying income taxes. Psychemedics's pretax income for the
three
months ended in Dec. 2023 was $-0.88 Mil.
Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $-3.44 Mil.
Psychemedics's pretax margin was -17.53%.
During the past 13 years, Psychemedics's highest Pretax Margin was 25.59%. The lowest was -29.05%. And the median was 6.55%.
Psychemedics Pre-Tax Income Historical Data
The historical data trend for Psychemedics'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.
Competitive Comparison of Psychemedics's Pre-Tax Income
For the Diagnostics & Research subindustry, Psychemedics'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.
Psychemedics's Pre-Tax Income Distribution in the Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Psychemedics's Pre-Tax Income distribution charts can be found below:
* The bar in red indicates where Psychemedics's Pre-Tax Income falls into.
Psychemedics Pre-Tax Income Calculation
This is the income that a company earns before paying income taxes.
Psychemedics's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as
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 $-3.44 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.
Psychemedics (NAS:PMD) Pre-Tax Income Explanation
Psychemedics's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as
During the past 13 years, Psychemedics's highest Pretax Margin was 25.59%. The lowest was -29.05%. And the median was 6.55%.
* 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.
Psychemedics Pre-Tax Income Related Terms
Thank you for viewing the detailed overview of Psychemedics's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.
Psychemedics Corp is engaged in providing testing services for the detection of drugs of abuse through the analysis of hair samples. The company operates through a single segment of drug testing services which include training for the collection of samples and storage of positive samples for its customers for an agreed-upon fee per unit testing of samples. The testing methods of the company utilize a patented technology that digests the hair and releases drugs trapped in the hair without destroying the drugs. Geographically it generates the majority of its revenue from the United States.
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