OceanTech Acquisitions I (OceanTech Acquisitions I) Pre-Tax Income : $-2.72 Mil (TTM As of Mar. 2024)

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What is OceanTech Acquisitions I Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. OceanTech Acquisitions I's pretax income for the three months ended in Mar. 2024 was $-1.59 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $-2.72 Mil. OceanTech Acquisitions I's pretax margin was %.

OceanTech Acquisitions I Pre-Tax Income Historical Data

The historical data trend for OceanTech Acquisitions I'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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OceanTech Acquisitions I Pre-Tax Income Chart

OceanTech Acquisitions I Annual Data

Trend

Dec21

Dec22

Dec23

Pre-Tax Income

1.97

-2.18

OceanTech Acquisitions I Quarterly Data
	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Pre-Tax Income	Get a 7-Day Free Trial								-1.05	-0.50	-0.36	-0.27	-1.59

Competitive Comparison of OceanTech Acquisitions I's Pre-Tax Income

For the Shell Companies subindustry, OceanTech Acquisitions I'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.

OceanTech Acquisitions I's Pre-Tax Income Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, OceanTech Acquisitions I's Pre-Tax Income distribution charts can be found below:

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

OceanTech Acquisitions I Pre-Tax Income Calculation

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

OceanTech Acquisitions I'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
	=	-2.602	+	-0.134	+	-0.081	+	0.638	+	0
	=	-2.18

OceanTech Acquisitions I'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
	=	-0.712	+	-0.91	+	-0.049	+	0.077	+	0
	=	-1.59

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 $-2.72 Mil.

OceanTech Acquisitions I (NAS:OTECW) Pre-Tax Income Explanation

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

Pretax Margin	=	Pretax Income	/	Revenue
	=	-1.594	/	0
	=	%

OceanTech Acquisitions I Pre-Tax Income Related Terms

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OceanTech Acquisitions I (OceanTech Acquisitions I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » OceanTech Acquisitions I Corp (NAS:OTECW) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

OTEC:USA

Address

515 Madison Avenue, 8th Floor - Suite 8133, New York, NY, USA, 10022

Website

OceanTech Acquisitions I Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.