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Verastem (LTS:0LOV) Pre-Tax Income : $-93.45 Mil (TTM As of Sep. 2024)


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What is Verastem Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Verastem's pretax income for the three months ended in Sep. 2024 was $-23.97 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2024 was $-93.45 Mil. Verastem's pretax margin was %.

During the past 13 years, Verastem's highest Pretax Margin was -76.29%. The lowest was -3468.10%. And the median was -854.77%.


Verastem Pre-Tax Income Historical Data

The historical data trend for Verastem'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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Verastem Pre-Tax Income Chart

Verastem Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -149.21 -67.53 -71.20 -73.81 -87.37

Verastem Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -20.00 -27.37 -33.86 -8.26 -23.97

Competitive Comparison of Verastem's Pre-Tax Income

For the Biotechnology subindustry, Verastem'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.


Verastem's Pre-Tax Income Distribution in the Biotechnology Industry

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

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



Verastem Pre-Tax Income Calculation

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

Verastem'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
=-92.084+2.642+-4.139+6.214+0
=-87.37

Verastem's Pretax Income for the quarter that ended in Sep. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-37.03+13.38+-1.148+0.831+3.5527136788005E-15
=-23.97

Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-93.45 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.


Verastem  (LTS:0LOV) Pre-Tax Income Explanation

Verastem's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=-23.967/0
=%

During the past 13 years, Verastem's highest Pretax Margin was -76.29%. The lowest was -3468.10%. And the median was -854.77%.

* 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.


Verastem Pre-Tax Income Related Terms

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Verastem Business Description

Traded in Other Exchanges
Address
117 Kendrick Street, Suite 500, Needham, MA, USA, 02494
Verastem Inc is late-stage development biopharmaceutical company, committed to advancing new medicines for patients battling cancer. Its pipeline is focused on novel anticancer agents that inhibit critical signaling pathways in cancer that promote cancer cell survival and tumor growth, particularly RAF/MEK inhibition and FAK inhibition.

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