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MEC Resources (ASX:MMR) Pre-Tax Income : A$-0.44 Mil (TTM As of Dec. 2023)


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What is MEC Resources Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. MEC Resources's pretax income for the six months ended in Dec. 2023 was A$-0.15 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.44 Mil. MEC Resources's pretax margin was %.


MEC Resources Pre-Tax Income Historical Data

The historical data trend for MEC 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.

* Premium members only.

MEC Resources Pre-Tax Income Chart

MEC Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.43 -1.21 -1.03 -1.13 -0.48

MEC Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -0.33 -0.80 -0.19 -0.29 -0.15

Competitive Comparison of MEC Resources's Pre-Tax Income

For the Oil & Gas E&P subindustry, MEC 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.


MEC Resources's Pre-Tax Income Distribution in the Oil & Gas Industry

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

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



MEC Resources Pre-Tax Income Calculation

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

MEC Resources's Pretax Income for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-0.581+0.25+-0.165+0.016+0
=-0.48

MEC Resources's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-0.146+0+-0.006+0.003+0
=-0.15

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.44 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.


MEC Resources  (ASX:MMR) Pre-Tax Income Explanation

MEC Resources's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=-0.149/0
=%

* 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.


MEC Resources Pre-Tax Income Related Terms

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MEC Resources (ASX:MMR) Business Description

Traded in Other Exchanges
N/A
Address
114 Cedric Street, Unit 12, Level 1, Stirling, WA, AUS, 6151
MEC Resources Ltd through its subsidiaries is engaged in the exploration and development of oil and gas properties in Australia. The company holds interests in the EP386 and RL1 assets located in the onshore Bonaparte Basin in the north of Western Australia and Northern Territory; and PEP11 asset located in the offshore Sydney Basin.

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