CBGL (Cannabis Global) Pre-Tax Income: $-3.77 Mil (TTM As of May. 2022)

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What is Cannabis Global Pre-Tax Income?

Cannabis Global CBGL Pre-Tax Income is $-3.77 Mil as of May. 2022.

Pretax income is the income that a company earns before paying income taxes. Cannabis Global's pretax income for the three months ended in May. 2022 was $-0.51 Mil. Its pretax income for the trailing twelve months (TTM) ended in May. 2022 was $-3.77 Mil. Cannabis Global's pretax margin was -63.89%.


Cannabis Global  (OTCPK:CBGL) Pre-Tax Income Explanation

Cannabis Global's Pretax Margin for the quarter that ended in May. 2022 is calculated as

Pretax Margin=Pretax Income/Revenue
=-0.506/0.792
=-63.89%

* 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.


Cannabis Global Pre-Tax Income Related Terms


Cannabis Global Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Cannabis Global'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.

Cannabis Global Pre-Tax Income Chart

Cannabis Global Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.09 -0.39 -4.93 -8.12

Cannabis Global Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 -2.72 -2.94 0.37 -0.70 -0.51

CBGL vs MILC, BBBT, GCAN: Pre-Tax Income Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Cannabis Global'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.


Cannabis Global Pre-Tax Income vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Cannabis Global's Pre-Tax Income distribution charts can be found below:

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



Cannabis Global Pre-Tax Income Calculation

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

Cannabis Global's Pretax Income for the fiscal year that ended in Aug. 2021 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-1.944+1.265+-7.437+0+0
=-8.12

Cannabis Global's Pretax Income for the quarter that ended in May. 2022 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-0.343+0.138+-0.301+0+0
=-0.51

Pre-Tax Income for the trailing twelve months (TTM) ended in May. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.77 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 $-3.77 Mil mean?
Cannabis Global (CBGL) has a Pre-Tax Income of $-3.77 Mil as of May. 2022. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Cannabis Global and its competitors.
Is Cannabis Global's Pre-Tax Income too high?
Cannabis Global's current Pre-Tax Income is $-3.77 Mil.
How does Cannabis Global's Pre-Tax Income compare to MILC and BBBT?
Cannabis Global's Pre-Tax Income of $-3.77 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Pre-Tax Income depends on the Drug Manufacturers 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 Cannabis Global and its competitors. Cannabis Global's current Pre-Tax Income is $-3.77 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cannabis Global stock overvalued right now?
Cannabis Global (CBGL) has a current Pre-Tax Income of $-3.77 Mil. The current Pre-Tax Income is $-3.77 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 Cannabis Global (CBGL), the current Pre-Tax Income is $-3.77 Mil as of May. 2022. 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.

Cannabis Global Business Description

Address 520 S Grand Avenue, Suite 320, Los Angeles, CA, USA, 90071
Cannabis Global Inc manufactures and distributes various cannabis products via its majority ownership of Natural Plant Extract, Inc is developing the Ethos Comply Bag, and generally conducts research and development in the areas of hemp, cannabis and consumer food goods. The company also have an active research and development program focused on creating and commercializing engineered technologies that deliver hemp extracts and cannabinoids to the human body. Its product includes cannabis flower packaged in various weights, cannabis Pre-rolls, cannabis edible products.