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Midway (ASX:MWY) Pre-Tax Income : A$2.3 Mil (TTM As of Jun. 2024)


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What is Midway Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Midway's pretax income for the six months ended in Jun. 2024 was A$3.5 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2024 was A$2.3 Mil. Midway's pretax margin was 2.24%.

During the past 8 years, Midway's highest Pretax Margin was 11.66%. The lowest was -9.50%. And the median was -0.48%.


Midway Pre-Tax Income Historical Data

The historical data trend for Midway'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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Midway Pre-Tax Income Chart

Midway Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Pre-Tax Income
Get a 7-Day Free Trial -17.84 -5.05 -18.87 -4.25 2.29

Midway Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -13.38 4.39 -8.64 -1.25 3.53

Competitive Comparison of Midway's Pre-Tax Income

For the Lumber & Wood Production subindustry, Midway'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.


Midway's Pre-Tax Income Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Midway's Pre-Tax Income distribution charts can be found below:

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



Midway Pre-Tax Income Calculation

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

Midway'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
=-0.437+4.308+-2.89+2.548+-1.244
=2.3

Midway's Pretax Income for the quarter that ended in Jun. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=1.904+2.453+-0.856+1.273+-1.244
=3.5

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$2.3 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.


Midway  (ASX:MWY) Pre-Tax Income Explanation

Midway's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=3.53/157.784
=2.24%

During the past 8 years, Midway's highest Pretax Margin was 11.66%. The lowest was -9.50%. And the median was -0.48%.

* 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.


Midway Pre-Tax Income Related Terms

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Midway Business Description

Traded in Other Exchanges
N/A
Address
10 The Esplanade, North Shore, VIC, AUS, 3214
Midway Ltd is engaged in the production and export of wood fiber to producers of pulp, paper, and associated products. The company derives income from producing hardwood and softwood woodchips. Its segments include Woodfibre; Plantation and Carbon Management; and Ancillary. It generates the majority of revenue from Woodfibre Processing.

Midway Headlines

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