ACE Convergence Acquisition (ACE Convergence Acquisition) Pre-Tax Income : $-3.44 Mil (TTM As of Sep. 2022)

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What is ACE Convergence Acquisition Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. ACE Convergence Acquisition's pretax income for the three months ended in Sep. 2022 was $-8.64 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2022 was $-3.44 Mil. ACE Convergence Acquisition's pretax margin was %.

ACE Convergence Acquisition Pre-Tax Income Historical Data

The historical data trend for ACE Convergence Acquisition'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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ACE Convergence Acquisition Pre-Tax Income Chart

ACE Convergence Acquisition Annual Data

Trend

Dec20

Dec21

Pre-Tax Income

5.85

ACE Convergence Acquisition Quarterly Data
	May20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Pre-Tax Income	Get a 7-Day Free Trial					22.29	-3.88	-1.06	10.14	-8.64

Competitive Comparison of ACE Convergence Acquisition's Pre-Tax Income

For the Shell Companies subindustry, ACE Convergence Acquisition'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.

ACE Convergence Acquisition's Pre-Tax Income Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, ACE Convergence Acquisition's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where ACE Convergence Acquisition's Pre-Tax Income falls into.

ACE Convergence Acquisition Pre-Tax Income Calculation

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

ACE Convergence Acquisition's Pretax Income for the fiscal year that ended in Dec. 2021 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-6.943	+	12.723	+	0	+	0.067	+	-8.8817841970013E-16
	=	5.85

ACE Convergence Acquisition's Pretax Income for the quarter that ended in Sep. 2022 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-0.894	+	-7.742	+	0	+	0	+	-0.0010000000000012
	=	-8.64

Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.44 Mil.

ACE Convergence Acquisition (NAS:ACEVU) Pre-Tax Income Explanation

ACE Convergence Acquisition's Pretax Margin for the quarter that ended in Sep. 2022 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-8.637	/	0
	=	%

ACE Convergence Acquisition Pre-Tax Income Related Terms

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ACE Convergence Acquisition (ACE Convergence Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » ACE Convergence Acquisition Corp (NAS:ACEVU) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

1013 Centre Road, Suite 403S, Wilmington, DE, USA, 19805

Website

http://acev.io

ACE Convergence Acquisition Corp is a blank check company.

Executives

Omid Tahernia	director	2100 LOGIC DRIVE, SAN JOSE CA 95124
Kenneth Klein	director	700 SAGINAW DRIVE, REDWOOD CITY CA 94063
Behrooz L. Abdi	director, officer: Chief Executive Officer	1875 CHARLESTON ROAD, MOUNTAIN VIEW CA 94043
Ryan A Benton	director	48720 KATO ROAD, FREMONT CA 94538
Ace Convergence Acquisition Llc	director, 10 percent owner	1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805
Raquel Chmielewski	director	C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805
Minyoung Park	officer: Chief Financial Officer	C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805
Sunny Siu	director, officer: President	C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805
Denis Tse	director, officer: Secretary	C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805