EUEMF (Grit Metals) Pre-Tax Income : $-1.13 Mil (TTM As of Nov. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Grit Metals Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Grit Metals's pretax income for the three months ended in Nov. 2024 was $-0.25 Mil. Its pretax income for the trailing twelve months (TTM) ended in Nov. 2024 was $-1.13 Mil. Grit Metals's pretax margin was %.

Grit Metals Pre-Tax Income Historical Data

The historical data trend for Grit Metals'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.

* Premium members only.

Grit Metals Pre-Tax Income Chart

Grit Metals Annual Data

Trend

May21

May22

May23

May24

Pre-Tax Income

-0.34

-0.44

-1.62

Grit Metals Quarterly Data
	May21	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Pre-Tax Income	Get a 7-Day Free Trial							-0.37	-0.24	-0.44	-0.21	-0.25

Competitive Comparison of Grit Metals's Pre-Tax Income

For the Other Industrial Metals & Mining subindustry, Grit Metals'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.

Grit Metals's Pre-Tax Income Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Grit Metals's Pre-Tax Income distribution charts can be found below:

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

Save Embed

Grit Metals Pre-Tax Income Calculation

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

Grit Metals's Pretax Income for the fiscal year that ended in May. 2024 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-1.369	+	-0.249	+	0	+	0	+	-2.2204460492503E-16
	=	-1.62

Grit Metals'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
	=	-0.211	+	-0.039	+	0	+	0.006	+	-0.001
	=	-0.25

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 $-1.13 Mil.

Grit Metals (OTCPK:EUEMF) Pre-Tax Income Explanation

Grit Metals's Pretax Margin for the quarter that ended in Nov. 2024 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-0.245	/	0
	=	%

Grit Metals Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Grit Metals's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.

Grit Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Grit Metals Corp (OTCPK:EUEMF) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

K9T:Germany FIN:Canada

Address

503 - 905 West Pender Street, Vancouver, BC, CAN, V6C 1L6

Website

https://www.europeanenergymetals.com

Grit Metals Corp is a junior mining company currently focussed on the Lithium-Cesium-Tantalum Finnish Pegmatite Project in central Finland. Governing bodies in Europe and Finland are legislating environmentally friendly and energy-independent laws and policies. Its key component is access to REE and, specifically, lithium. The company's exploration licenses are located within the Keliber mine and production complex, currently under construction and expected to begin production in H2 2025.