LVGI (Limitless Venture Group) Pre-Tax Income : $ Mil (TTM As of Jun. 2022)

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What is Limitless Venture Group Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Limitless Venture Group's pretax income for the six months ended in Jun. 2022 was $-0.83 Mil. Limitless Venture Group does not have enough years/quarters to calculate the pretax income for the trailing twelve months (TTM) ended in Jun. 2022. Limitless Venture Group's pretax margin was -118.62%.

Limitless Venture Group Pre-Tax Income Historical Data

The historical data trend for Limitless Venture Group'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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Limitless Venture Group Pre-Tax Income Chart

Limitless Venture Group Annual Data

Trend

Pre-Tax Income

Limitless Venture Group Semi-Annual Data
	Jun21	Jun22
Pre-Tax Income	-0.86	-0.83

Competitive Comparison of Limitless Venture Group's Pre-Tax Income

For the Asset Management subindustry, Limitless Venture Group'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.

Limitless Venture Group's Pre-Tax Income Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Limitless Venture Group's Pre-Tax Income distribution charts can be found below:

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

Limitless Venture Group Pre-Tax Income Calculation

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

Limitless Venture Group's Pretax Income for the fiscal year that ended in . 20 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=		+		+		+		+	0
	=	0.00

Limitless Venture Group's Pretax Income for the quarter that ended in Jun. 2022 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-0.126	+	-0.535	+	-0.167	+	0	+	1.1102230246252E-16
	=	-0.83

Limitless Venture Group (OTCPK:LVGI) Pre-Tax Income Explanation

Limitless Venture Group's Pretax Margin for the quarter that ended in Jun. 2022 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-0.828	/	0.698
	=	-118.62%

Limitless Venture Group Pre-Tax Income Related Terms

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Limitless Venture Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Limitless Venture Group Inc (OTCPK:LVGI) » Definitions » Pre-Tax Income

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Traded in Other Exchanges

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Address

121 East 35 Street, Tulsa, OK, USA, 74105

Website

https://www.lvginc.com

Limitless Venture Group Inc provides its shareholders with access to leading small and medium businesses. The company owns controlling interests in its subsidiary businesses and partners with their management teams to build businesses that can unlock vital value for shareholders.