GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » SolarBank Corp (NEOE:SUNN) » Definitions » Pre-Tax Income

SolarBank (NEOE:SUNN) Pre-Tax Income : C$6.02 Mil (TTM As of Mar. 2024)


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

What is SolarBank Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. SolarBank's pretax income for the three months ended in Mar. 2024 was C$4.27 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was C$6.02 Mil. SolarBank's pretax margin was 17.72%.

During the past 2 years, SolarBank's highest Pretax Margin was 17.36%. The lowest was -3.01%. And the median was 7.18%.

SolarBank Pre-Tax Income Historical Data

The historical data trend for SolarBank'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.

SolarBank Pre-Tax Income Chart

SolarBank Annual Data
Trend Jun22 Jun23
Pre-Tax Income
-0.31 3.19

SolarBank Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.09 -0.25 2.00 0.01 4.27

Competitive Comparison of SolarBank's Pre-Tax Income

For the Utilities - Renewable subindustry, SolarBank'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.

SolarBank's Pre-Tax Income Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, SolarBank's Pre-Tax Income distribution charts can be found below:

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


SolarBank Pre-Tax Income Calculation

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

SolarBank's Pretax Income for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-2.676+5.866+0+0.003+4.4408920985006E-16
=3.19

SolarBank's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=1.881+2.41+-0.128+0.103+0
=4.27

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$6.02 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.

SolarBank  (NEOE:SUNN) Pre-Tax Income Explanation

SolarBank's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=4.266/24.075
=17.72%

During the past 2 years, SolarBank's highest Pretax Margin was 17.36%. The lowest was -3.01%. And the median was 7.18%.

* 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.

SolarBank Pre-Tax Income Related Terms

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

SolarBank (NEOE:SUNN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » SolarBank Corp (NEOE:SUNN) » Definitions » Pre-Tax Income
Comparable Companies
TSX:ARR TSX:LCFS TSX:PIF TSXV:GIP TSXV:WEB TSX:SPG TSXV:UGE TSXV:WHE TSXV:GRB TSXV:RE CEG ISX:BREN WBO:VER XPRA:CEZ OCSE:ORSTED SHSE:600025 SHSE:600905 BOM:541450 SZSE:001289 XLIS:EDPR
Traded in Other Exchanges
SUUNF:USA GY2:Germany
Address
505 Consumers Road, Suite 803, Toronto, ON, CAN, M2J 4Z2
Website
https://www.solarbankcorp.com
SolarBank Corp is an independent renewable and clean energy project developer and asset operator based in Canada and the United States. It is engaged in the development and operation of solar photovoltaic power generation projects in the province of Ontario and the state of New York. The company operates in two principal geographical areas - Canada and United States with a substantial portion of its overall revenue being generated from United States.
Executives
Xiaohong Zheng Senior Officer

SolarBank (NEOE:SUNN) Headlines

No Headlines