SCPS (Scopus BioPharma) Pre-Tax Income: $-9.34 Mil (TTM As of Jun. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Scopus BioPharma Pre-Tax Income?

Scopus BioPharma SCPS -75.00% Pre-Tax Income is $-9.34 Mil as of Jun. 2023.

Pretax income is the income that a company earns before paying income taxes. Scopus BioPharma's pretax income for the three months ended in Jun. 2023 was $-2.93 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2023 was $-9.34 Mil. Scopus BioPharma's pretax margin was %.


Scopus BioPharma  (OTCPK:SCPS) Pre-Tax Income Explanation

Scopus BioPharma's Pretax Margin for the quarter that ended in Jun. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=-2.929/0
=%

* 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.


Scopus BioPharma Pre-Tax Income Related Terms


Scopus BioPharma Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Scopus BioPharma'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.

Scopus BioPharma Pre-Tax Income Chart

Scopus BioPharma Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Pre-Tax Income
Get a 7-Day Free Trial -0.69 -2.69 -10.86 -26.95 -11.72

Scopus BioPharma Quarterly Data
Jun18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 -3.32 -1.90 -1.84 -2.68 -2.93

SCPS vs AMPE, DRMA, SPRC: Pre-Tax Income Comparison

For the Biotechnology subindustry, Scopus BioPharma'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.


Scopus BioPharma Pre-Tax Income vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Scopus BioPharma's Pre-Tax Income distribution charts can be found below:

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



Scopus BioPharma Pre-Tax Income Calculation

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

Scopus BioPharma's Pretax Income for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-11.715+0+0+0+0
=-11.72

Scopus BioPharma's Pretax Income for the quarter that ended in Jun. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-2.929+0+0+0+0
=-2.93

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-9.34 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 $-9.34 Mil mean?
Scopus BioPharma (SCPS) has a Pre-Tax Income of $-9.34 Mil as of Jun. 2023. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Scopus BioPharma and its competitors.
Is Scopus BioPharma's Pre-Tax Income too high?
Scopus BioPharma's current Pre-Tax Income is $-9.34 Mil.
How does Scopus BioPharma's Pre-Tax Income compare to AMPE and DRMA?
Scopus BioPharma's Pre-Tax Income of $-9.34 Mil can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Pre-Tax Income depends on the Biotechnology 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 Scopus BioPharma and its competitors. Scopus BioPharma's current Pre-Tax Income is $-9.34 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scopus BioPharma stock overvalued right now?
Scopus BioPharma (SCPS) has a current Pre-Tax Income of $-9.34 Mil. The current Pre-Tax Income is $-9.34 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 Scopus BioPharma (SCPS), the current Pre-Tax Income is $-9.34 Mil as of Jun. 2023. 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.

Scopus BioPharma Business Description

Address 420 Lexington Avenue, Suite 300, New York, NY, USA, 10170
Scopus BioPharma Inc a biotechnology company focused on developing therapeutics targeting the endocannabinoid system. The endocannabinoid system is comprised of chemical compounds, or cannabinoids, that interact with cannabinoid receptors which are located throughout the body. Its product candidate comprises CO-sTiRNA, which is a STAT3 inhibitor gene therapy and MRI-1867.