Envoy Medical (Envoy Medical) Pre-Tax Income : $-22.83 Mil (TTM As of Mar. 2024)

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What is Envoy Medical Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Envoy Medical's pretax income for the three months ended in Mar. 2024 was $-6.27 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $-22.83 Mil. Envoy Medical's pretax margin was -10,627.12%.

During the past 3 years, Envoy Medical's highest Pretax Margin was -2798.39%. The lowest was -9464.56%. And the median was -6718.57%.

Envoy Medical Pre-Tax Income Historical Data

The historical data trend for Envoy Medical'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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Envoy Medical Pre-Tax Income Chart

Envoy Medical Annual Data

Trend

Dec21

Dec22

Dec23

Pre-Tax Income

-8.68

-15.92

-29.91

Envoy Medical Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Pre-Tax Income	Get a 7-Day Free Trial				-13.25	-13.25	1.56	-4.88	-6.27

Competitive Comparison of Envoy Medical's Pre-Tax Income

For the Medical Devices subindustry, Envoy Medical'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.

Envoy Medical's Pre-Tax Income Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Envoy Medical's Pre-Tax Income distribution charts can be found below:

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

Envoy Medical Pre-Tax Income Calculation

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

Envoy Medical'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
	=	-18.371	+	-11.537	+	0	+	0	+	0
	=	-29.91

Envoy Medical'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
	=	-4.898	+	-1.336	+	-0.036	+	0	+	0
	=	-6.27

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 $-22.83 Mil.

Envoy Medical (NAS:COCH) Pre-Tax Income Explanation

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

Pretax Margin	=	Pretax Income	/	Revenue
	=	-6.27	/	0.059
	=	-10,627.12%

During the past 3 years, Envoy Medical's highest Pretax Margin was -2798.39%. The lowest was -9464.56%. And the median was -6718.57%.

Envoy Medical Pre-Tax Income Related Terms

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Envoy Medical (Envoy Medical) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Envoy Medical Inc (NAS:COCH) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

4875 White Bear Parkway, White Bear Lake, MN, USA, 55110

Website

https://www.envoymedical.com

Envoy Medical Inc is focused on designing, developing, and marketing fully implantable medical devices that improve hearing. The Company's first commercial product, the Esteem PMA application, is a fully implantable hearing device. The Esteem PMA was cleared in 2010 by the United States Food and Drug Administration. The Company intends to continue to pursue the development of a cochlear implant.