BMNR (BitMine Immersion Technologies) Pre-Tax Income : $-3.35 Mil (TTM As of Nov. 2024)

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What is BitMine Immersion Technologies Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. BitMine Immersion Technologies's pretax income for the three months ended in Nov. 2024 was $-0.98 Mil. Its pretax income for the trailing twelve months (TTM) ended in Nov. 2024 was $-3.35 Mil. BitMine Immersion Technologies's pretax margin was -81.18%.

During the past 3 years, BitMine Immersion Technologies's highest Pretax Margin was -83.65%. The lowest was -468.46%. And the median was -382.17%.

BitMine Immersion Technologies Pre-Tax Income Historical Data

The historical data trend for BitMine Immersion Technologies'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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BitMine Immersion Technologies Pre-Tax Income Chart

BitMine Immersion Technologies Annual Data

Trend

Aug22

Aug23

Aug24

Pre-Tax Income

-2.01

-2.47

-3.29

BitMine Immersion Technologies Quarterly Data
	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Pre-Tax Income	Get a 7-Day Free Trial							-0.93	-0.90	-0.65	-0.81	-0.98

Competitive Comparison of BitMine Immersion Technologies's Pre-Tax Income

For the Capital Markets subindustry, BitMine Immersion Technologies'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.

BitMine Immersion Technologies's Pre-Tax Income Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, BitMine Immersion Technologies's Pre-Tax Income distribution charts can be found below:

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

BitMine Immersion Technologies Pre-Tax Income Calculation

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

BitMine Immersion Technologies's Pretax Income for the fiscal year that ended in Aug. 2024 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-2.441	+	-0.637	+	-0.269	+	0.055	+	-0.0010000000000003
	=	-3.29

BitMine Immersion Technologies's Pretax Income for the quarter that ended in Nov. 2024 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-0.969	+	0.062	+	-0.068	+	0.001	+	-0.0010000000000001
	=	-0.98

Pre-Tax Income for the trailing twelve months (TTM) ended in Nov. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.35 Mil.

BitMine Immersion Technologies (OTCPK:BMNR) Pre-Tax Income Explanation

BitMine Immersion Technologies's Pretax Margin for the quarter that ended in Nov. 2024 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-0.975	/	1.201
	=	-81.18%

During the past 3 years, BitMine Immersion Technologies's highest Pretax Margin was -83.65%. The lowest was -468.46%. And the median was -382.17%.

BitMine Immersion Technologies Pre-Tax Income Related Terms

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BitMine Immersion Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » BitMine Immersion Technologies Inc (OTCPK:BMNR) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

10845 Griffith Peak, Drive 2, Las Vegas, NV, USA, 89135

Website

https://www.bitminetech.io

BitMine Immersion Technologies Inc is a blockchain technology company that is building out industrial-scale digital asset mining, equipment sales, and hosting operations. The company's primary business is data center focused, both mining Bitcoin for its account as well as hosting third-party Bitcoin mining servers. The Company's primary business is self-mining bitcoin for its own account, as well as hosting third-party equipment used in mining of digital asset coins and tokens, specifically bitcoin. Company's state of the art facilities will be specifically designed and constructed for housing mining equipment. The data centers will provide power, racks, proprietary thermodynamic management.