1606 (CBDW) Pre-Tax Income : $-1.57 Mil (TTM As of Mar. 2024)

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What is 1606 Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. 1606's pretax income for the three months ended in Mar. 2024 was $-0.29 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.57 Mil. 1606's pretax margin was -4,085.71%.

During the past 3 years, 1606's highest Pretax Margin was -885.29%. The lowest was -79050.00%. And the median was -3857.14%.

1606 Pre-Tax Income Historical Data

The historical data trend for 1606'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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1606 Pre-Tax Income Chart

1606 Annual Data

Trend

Dec21

Dec22

Dec23

Pre-Tax Income

-0.30

-0.54

-1.58

1606 Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Pre-Tax Income	Get a 7-Day Free Trial					-0.29	-0.53	-0.57	-0.19	-0.29

Competitive Comparison of 1606's Pre-Tax Income

For the Tobacco subindustry, 1606'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.

1606's Pre-Tax Income Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, 1606's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where 1606's Pre-Tax Income falls into.

1606 Pre-Tax Income Calculation

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

1606's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-1.708	+	0.128	+	0	+	0	+	-0.00099999999999989
	=	-1.58

1606's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-0.578	+	0.292	+	0	+	0	+	0
	=	-0.29

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.57 Mil.

1606 (OTCPK:CBDW) Pre-Tax Income Explanation

1606's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-0.286	/	0.007
	=	-4,085.71%

During the past 3 years, 1606's highest Pretax Margin was -885.29%. The lowest was -79050.00%. And the median was -3857.14%.

1606 Pre-Tax Income Related Terms

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1606 (CBDW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » 1606 Corp (OTCPK:CBDW) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

2425 E. Camelback Road, Suite 150, Phoenix, AZ, USA, 85016

Website

https://cbd.inc

1606 Corp offers nicotine-free and tobacco-free alternatives to traditional cigarettes and vaping products. Its products are manufactured with a blend of all-natural ingredients to provide smokers aged 21+ an alternative to traditional cigarettes that do not contain nicotine or tobacco and promote health benefits such as pain management, reduced anxiety, and enhance wakefulness. Smokable hemp is a Company Product That is an alternative for customers that currently smoke or want to quit smoking nicotine.