IVRN (Innoveren Scientific) Pre-Tax Income: $-3.26 Mil (TTM As of Sep. 2023)

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IVRN Innoveren Scientific Inc IVRN
16 GF Score
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What is Innoveren Scientific Pre-Tax Income?

Innoveren Scientific IVRN 16 Pre-Tax Income is $-3.26 Mil as of Sep. 2023. GuruFocus rates IVRN with a GF Score™ of 16/100.

Pretax income is the income that a company earns before paying income taxes. Innoveren Scientific's pretax income for the three months ended in Sep. 2023 was $-0.50 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2023 was $-3.26 Mil. Innoveren Scientific's pretax margin was %.


Innoveren Scientific  (OTCPK:IVRN) Pre-Tax Income Explanation

Innoveren Scientific's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=-0.495775/0
=%

* 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.


Innoveren Scientific Pre-Tax Income Related Terms


Innoveren Scientific Pre-Tax Income Historical Data

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The historical data trend for Innoveren Scientific'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.

Innoveren Scientific Pre-Tax Income Chart

Innoveren Scientific Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.39 -29.81 -6.46 -4.80 -10.30

Innoveren Scientific Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -2.28 -1.49 -2.09 0.82 -0.50

IVRN vs GNCA, ISCO, FNAM: Pre-Tax Income Comparison

For the Biotechnology subindustry, Innoveren Scientific'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.


Innoveren Scientific Pre-Tax Income vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Innoveren Scientific's Pre-Tax Income distribution charts can be found below:

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


IVRN
16GF Score
Innoveren Scientific Inc IVRN
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Innoveren Scientific Pre-Tax Income Calculation

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

Innoveren Scientific's Pretax Income for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-3.057959++-0.368139+0.507944+-7.381426
=-10.30

Innoveren Scientific's Pretax Income for the quarter that ended in Sep. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-0.42127++-0.099587+0.000446+0.024636
=-0.50

Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.26 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 $-3.26 Mil mean?
Innoveren Scientific (IVRN) has a Pre-Tax Income of $-3.26 Mil as of Sep. 2023. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Innoveren Scientific and its competitors.
Is Innoveren Scientific's Pre-Tax Income too high?
Innoveren Scientific's current Pre-Tax Income is $-3.26 Mil. Overall, Innoveren Scientific has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Innoveren Scientific's Pre-Tax Income compare to GNCA and ISCO?
Innoveren Scientific's Pre-Tax Income of $-3.26 Mil can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Pre-Tax Income depends on the Biotechnology 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 Innoveren Scientific and its competitors. Innoveren Scientific's current Pre-Tax Income is $-3.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innoveren Scientific stock overvalued right now?
Innoveren Scientific (IVRN) has a current Pre-Tax Income of $-3.26 Mil. The current Pre-Tax Income is $-3.26 Mil. Innoveren Scientific's overall GF Score™ is 16/100. 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 Innoveren Scientific (IVRN), the current Pre-Tax Income is $-3.26 Mil as of Sep. 2023. 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.

Innoveren Scientific Business Description

Address 2202 N West Shore Boulevard, Suite 200, Tampa, FL, USA, 33607
Innoveren Scientific Inc Formerly H-CYTE Inc is a hybrid biopharmaceutical company dedicated to developing and delivering new treatments for patients with chronic respiratory and pulmonary disorders. It has two divisions: the Healthcare Medical Biosciences Division (which includes the Infusion Vertical and the Biologics Vertical) and the DenerveX medical device division.
16GF Score

Get the complete analysis for IVRN

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

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