OVATF (Ovation Science) Pre-Tax Income: $-0.45 Mil (TTM As of Mar. 2026)

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What is Ovation Science Pre-Tax Income?

Ovation Science OVATF -79.67% Pre-Tax Income is $-0.45 Mil as of Mar. 2026. The stock has 4 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Ovation Science's pretax income for the three months ended in Mar. 2026 was $-0.08 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.45 Mil. Ovation Science's pretax margin was -709.09%.

During the past 9 years, Ovation Science's highest Pretax Margin was -158.00%. The lowest was -1311.29%. And the median was -552.27%.


Ovation Science  (OTCPK:OVATF) Pre-Tax Income Explanation

Ovation Science's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=-0.078/0.011
=-709.09%

During the past 9 years, Ovation Science's highest Pretax Margin was -158.00%. The lowest was -1311.29%. And the median was -552.27%.

* 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.


Ovation Science Pre-Tax Income Related Terms


Ovation Science Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Ovation Science'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.

Ovation Science Pre-Tax Income Chart

Ovation Science Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only -1.87 -0.58 -0.61 -0.32 -0.46

Ovation Science Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -0.09 -0.10 -0.10 -0.18 -0.08

OVATF vs ZTS: Pre-Tax Income Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Ovation Science'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.


Ovation Science Pre-Tax Income vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Ovation Science's Pre-Tax Income distribution charts can be found below:

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



Ovation Science Pre-Tax Income Calculation

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

Ovation Science'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
=-0.42+-0.001+-0.036+0+-5.5511151231258E-17
=-0.46

Ovation Science's Pretax Income for the quarter that ended in Mar. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-0.071+0+-0.007+0+0
=-0.08

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.45 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.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of $-0.45 Mil mean?
Ovation Science (OVATF) has a Pre-Tax Income of $-0.45 Mil as of Mar. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Ovation Science and its competitors.
Is Ovation Science's Pre-Tax Income too high?
Ovation Science's current Pre-Tax Income is $-0.45 Mil.
How does Ovation Science's Pre-Tax Income compare to ZTS?
Ovation Science's Pre-Tax Income of $-0.45 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Pre-Tax Income depends on the Drug Manufacturers 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 Ovation Science and its competitors. Ovation Science's current Pre-Tax Income is $-0.45 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ovation Science stock overvalued right now?
Based on GuruFocus' analysis, Ovation Science (OVATF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.03, compared to a current price of $0.01 — trading 75% below its estimated fair value. The current Pre-Tax Income is $-0.45 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 Ovation Science (OVATF), the current Pre-Tax Income is $-0.45 Mil as of Mar. 2026. 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.

Ovation Science Business Description

Other Exchanges OVAT:Canada
Address 1166 Alberni Street, Suite 1003, Vancouver, BC, CAN, V6E 3Z3
Ovation Science Inc. is a Canada-based company mainly engaged in the business of providing topical and transdermal cannabis products under the Ovation brand label, utilizing patented Invisicare delivery technology. The Company operates in one reportable operating segment, the sub-licensing and sales of cannabis products that utilize Invisicare, a patented polymer-based technology for topical and transdermal skin care products.