Switch Metals (LSE:SWT) Pre-Tax Income: £-2.23 Mil (TTM As of Dec. 2025)

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What is Switch Metals Pre-Tax Income?

Switch Metals LSE:SWT Pre-Tax Income is £-2.23 Mil as of Dec. 2025. The stock has 3 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Switch Metals's pretax income for the six months ended in Dec. 2025 was £-1.23 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2025 was £-2.23 Mil. Switch Metals's pretax margin was %.

Switch Metals  (LSE:SWT) Pre-Tax Income Explanation

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

Pretax Margin=Pretax Income/Revenue
=-1.227/0
=%

* 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.

Switch Metals Pre-Tax Income Related Terms

Switch Metals Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Switch 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.

Switch Metals Pre-Tax Income Chart

Switch Metals Annual Data
Trend Jan22 Jan23 Jan24 Dec25
Pre-Tax Income
-0.17 -0.25 -0.28 -2.23

Switch Metals Semi-Annual Data
Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jun25 Dec25
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only -0.27 -0.00 -0.18 -1.00 -1.23

Switch Metals Pre-Tax Income Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Switch 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.

Switch Metals Pre-Tax Income vs Metals & Mining Industry

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

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


Switch Metals Pre-Tax Income Calculation

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

Switch Metals'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
=-1.378+0+-0.13+0+-0.722
=-2.23

Switch Metals'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
=-0.481+0+-0.025+0+-0.721
=-1.23

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 £-2.23 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 £-2.23 Mil mean?
Switch Metals (LSE:SWT) has a Pre-Tax Income of £-2.23 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 Switch Metals and its competitors.
Is Switch Metals' Pre-Tax Income too high?
Switch Metals' current Pre-Tax Income is £-2.23 Mil.
How does Switch Metals' Pre-Tax Income compare to competitors?
Switch Metals' Pre-Tax Income of £-2.23 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Pre-Tax Income depends on the Metals & Mining 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 Switch Metals and its competitors. Switch Metals's current Pre-Tax Income is £-2.23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Switch Metals stock overvalued right now?
Switch Metals (LSE:SWT) has a current Pre-Tax Income of £-2.23 Mil. The current Pre-Tax Income is £-2.23 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 Switch Metals (LSE:SWT), the current Pre-Tax Income is £-2.23 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.

Switch Metals Business Description

Address One Mayfair Place, Level 1, Devonshire House, London, GBR, W1J 8AJ
Switch Metals PLC holder of coltan (tantalum and niobium) and lithium licences in Cote d'Ivoire. Its Projects are Issia, Bouake, and Tiassale.