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Prestige Wealth (Prestige Wealth) Pre-Tax Income : $-1.04 Mil (TTM As of Sep. 2023)


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What is Prestige Wealth Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Prestige Wealth's pretax income for the six months ended in Sep. 2023 was $-1.30 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2023 was $-1.04 Mil. Prestige Wealth's pretax margin was 600.46%.

During the past 4 years, Prestige Wealth's highest Pretax Margin was 79.86%. The lowest was -299.71%. And the median was 72.04%.

Prestige Wealth Pre-Tax Income Historical Data

The historical data trend for Prestige Wealth'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.

Prestige Wealth Pre-Tax Income Chart

Prestige Wealth Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Pre-Tax Income
2.05 1.91 1.58 -1.04

Prestige Wealth Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Pre-Tax Income Get a 7-Day Free Trial -0.38 1.55 0.03 0.26 -1.30

Competitive Comparison of Prestige Wealth's Pre-Tax Income

For the Asset Management subindustry, Prestige Wealth'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.

Prestige Wealth's Pre-Tax Income Distribution in the Asset Management Industry

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

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


Prestige Wealth Pre-Tax Income Calculation

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

Prestige Wealth's Pretax Income for the fiscal year that ended in Sep. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-1.112+0.069+0+0+2.2204460492503E-16
=-1.04

Prestige Wealth's Pretax Income for the quarter that ended in Sep. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-1.369+0.065+0+0+0.0010000000000001
=-1.30

Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-1.04 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.

Prestige Wealth  (NAS:PWM) Pre-Tax Income Explanation

Prestige Wealth's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=-1.303/-0.217
=600.46%

During the past 4 years, Prestige Wealth's highest Pretax Margin was 79.86%. The lowest was -299.71%. And the median was 72.04%.

* 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.

Prestige Wealth Pre-Tax Income Related Terms

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Prestige Wealth (Prestige Wealth) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Prestige Wealth Inc (NAS:PWM) » Definitions » Pre-Tax Income
Comparable Companies
SFE ILUS AINC BHV EQS NOM CUBA RCG ENDI TETAA BLK BX OSTO:INVE A KKR TSX:BN APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
2 Queen’s Road Central, Suite 5102, 51th Floor, Cheung Kong Center, Hong Kong, HKG
Website
https://www.prestigewm.hk
Prestige Wealth Inc is engaged in providing private wealth management services and asset management to high-net-worth and ultra-high-net-worth individuals and enterprises through its subsidiaries.

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