Korab Resources (ASX:KOR) Pre-Tax Income: A$-1.06 Mil (TTM As of Dec. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Korab Resources Pre-Tax Income?

Korab Resources ASX:KOR Pre-Tax Income is A$-1.06 Mil as of Dec. 2024.

Pretax income is the income that a company earns before paying income taxes. Korab Resources's pretax income for the six months ended in Dec. 2024 was A$-0.44 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2024 was A$-1.06 Mil. Korab Resources's pretax margin was %.


Korab Resources  (ASX:KOR) Pre-Tax Income Explanation

Korab Resources's Pretax Margin for the quarter that ended in Dec. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=-0.436/0
=%

* 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.


Korab Resources Pre-Tax Income Related Terms


Korab Resources Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Korab Resources'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.

Korab Resources Pre-Tax Income Chart

Korab Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.26 -0.53 -0.61 -1.36 -0.93

Korab Resources Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -0.31 -1.05 -0.31 -0.62 -0.44

Korab Resources Pre-Tax Income Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Korab Resources'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.


Korab Resources Pre-Tax Income vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Korab Resources's Pre-Tax Income distribution charts can be found below:

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



Korab Resources Pre-Tax Income Calculation

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

Korab Resources's Pretax Income for the fiscal year that ended in Jun. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-0.663+0.059+-0.437+0.109+1.1102230246252E-16
=-0.93

Korab Resources's Pretax Income for the quarter that ended in Dec. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-0.224+-0.002+-0.267+0.056+0.001
=-0.44

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-1.06 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.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of A$-1.06 Mil mean?
Korab Resources (ASX:KOR) has a Pre-Tax Income of A$-1.06 Mil as of Dec. 2024. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Korab Resources and its competitors.
Is Korab Resources' Pre-Tax Income too high?
Korab Resources' current Pre-Tax Income is A$-1.06 Mil.
How does Korab Resources' Pre-Tax Income compare to competitors?
Korab Resources' Pre-Tax Income of A$-1.06 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Metals & Mining company?
A good Pre-Tax Income depends on the Metals & Mining industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Korab Resources and its competitors. Korab Resources's current Pre-Tax Income is A$-1.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Korab Resources stock overvalued right now?
Korab Resources (ASX:KOR) has a current Pre-Tax Income of A$-1.06 Mil. The current Pre-Tax Income is A$-1.06 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Korab Resources (ASX:KOR), the current Pre-Tax Income is A$-1.06 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Korab Resources Business Description

Address 20 Prowse Street, West Perth, Perth, WA, AUS, 6005
Korab Resources Ltd is a battery and precious metals mining and exploration company. It is engaged in mineral exploration and the evaluation of mineral properties. It corporate strategy is to locate, acquire, advance and then crystallise value from their prospects and deposits though development, joint venture or sale. It operates development projects in Australia and exploration projects in Northern Territory. The company projects include the Bobrikovo project located in Ukraine, the Winchester magnesium and the Geolsec Phosphate projects, the Sundance project, the Batchelor and the Green Alligator projects located in Northern Territory, and the Mt. Elephant project situated in Western Australia.