THG (CHIX:THGL) Pre-Tax Income: £-69 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:THGL THG PLC CHIX:THGL
39 GF Score
Price £0.33
GF Value £0.36
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is THG Pre-Tax Income?

THG CHIX:THGL -0.72% 39 Pre-Tax Income is £-69 Mil as of Dec. 2025. GuruFocus rates CHIX:THGL with a GF Score™ of 39/100 and a GF Value™ of £0.36 (Fairly Valued). The stock has 4 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. THG's pretax income for the six months ended in Dec. 2025 was £-3 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2025 was £-69 Mil. THG's pretax margin was -0.29%.

During the past 9 years, THG's highest Pretax Margin was -1.12%. The lowest was -33.13%. And the median was -4.91%.


THG  (CHIX:THGl) Pre-Tax Income Explanation

THG's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as

Pretax Margin=Pretax Income/Revenue
=-2.68/934.452
=-0.29%

During the past 9 years, THG's highest Pretax Margin was -1.12%. The lowest was -33.13%. And the median was -4.91%.

* 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.


THG Pre-Tax Income Related Terms


THG Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for THG'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.

THG Pre-Tax Income Chart

THG Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only -186.29 -549.73 -92.25 -202.40 -69.38

THG Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 40.76 -56.31 -146.10 -66.70 -2.68

CHIX:THGL vs AMZN, BABA, PDD: Pre-Tax Income Comparison

For the Internet Retail subindustry, THG'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.


THG Pre-Tax Income vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, THG's Pre-Tax Income distribution charts can be found below:

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


CHIX:THGL
39GF Score
THG PLC CHIX:THGL
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

THG Pre-Tax Income Calculation

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

THG's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-52.403+0+-80.052+2.535+60.537
=-69

THG's Pretax Income for the quarter that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-27.037+0+-40.506+-0.357+65.22
=-3

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-69 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 £-69 Mil mean?
THG (CHIX:THGL) has a Pre-Tax Income of £-69 Mil as of Dec. 2025. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on THG and its competitors.
Is THG's Pre-Tax Income too high?
THG's current Pre-Tax Income is £-69 Mil. Overall, THG has a GF Score™ of 39/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does THG's Pre-Tax Income compare to AMZN and BABA?
THG's Pre-Tax Income of £-69 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Pre-Tax Income depends on the Retail - Cyclical 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 THG and its competitors. THG's current Pre-Tax Income is £-69 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is THG stock overvalued right now?
Based on GuruFocus' analysis, THG (CHIX:THGL) is currently considered Fairly Valued. The stock's GF Value™ is £0.36, compared to a current price of £0.33 — trading 8.4% below its estimated fair value. The current Pre-Tax Income is £-69 Mil. THG's overall GF Score™ is 39/100 with 4 warning signs to review. 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 THG (CHIX:THGL), the current Pre-Tax Income is £-69 Mil as of Dec. 2025. 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.

Is THG (CHIX:THGL) Overvalued in 2026?

Based on GuruFocus' analysis, THG stock appears to be undervalued. The current stock price of £0.33 is trading 8.4% below its estimated GF Value™ of £0.36. GuruFocus considers THG to be Fairly Valued.

Key valuation signals for CHIX:THGL:

  • Pre-Tax Income: £-69 Mil
  • GF Value™: £0.36 vs. price of £0.33 (8.4% below fair value)
  • GF Score™: 39/100 with 4 warning signs

No single metric tells the full story. See the CHIX:THGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


THG Business Description

Other Exchanges THG:UKHG0:Germany
Address Icon 1 7-9, Sunbank Lane, Ringway, Altrincham, GBR, WA15 0AF
THG PLC is a UK-based retailer and brand owner headquartered in Manchester, operating as a digital-first, vertically integrated consumer group across two core businesses. The Group follows a UK D2C model and is expanding into high-growth international markets and selective physical retail. Its operations comprise two segments: THG Beauty, the segment generating maximum revenue, is a digital-first brand owner, retailer and manufacturer in prestige beauty, with own brands in skincare, haircare and cosmetics and platforms such as Lookfantastic, Dermstore and Cult Beauty, and THG Nutrition, which includes the online sports nutrition brand Myprotein along with Myvegan, Myvitamins, MP Activewear and MPRO, supported by production facilities. The Group generates maximum revenue from the UK.
39GF Score

Get the complete analysis for CHIX:THGL

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£0.33
Price
£0.36
GF Value