VGFCQ (The Very Good Food Co) Pre-Tax Income: $-24.36 Mil (TTM As of Sep. 2022)

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.

VGFCQ The Very Good Food Co Inc VGFCQ
12 GF Score
Price $0.01
View Full Analysis

What is The Very Good Food Co Pre-Tax Income?

The Very Good Food Co VGFCQ -99.98% 12 Pre-Tax Income is $-24.36 Mil as of Sep. 2022. GuruFocus rates VGFCQ with a GF Score™ of 12/100.

Pretax income is the income that a company earns before paying income taxes. The Very Good Food Co's pretax income for the three months ended in Sep. 2022 was $-1.15 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2022 was $-24.36 Mil. The Very Good Food Co's pretax margin was -87.24%.


The Very Good Food Co  (OTCPK:VGFCQ) Pre-Tax Income Explanation

The Very Good Food Co's Pretax Margin for the quarter that ended in Sep. 2022 is calculated as

Pretax Margin=Pretax Income/Revenue
=-1.149/1.317
=-87.24%

* 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.


The Very Good Food Co Pre-Tax Income Related Terms


The Very Good Food Co Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for The Very Good Food Co'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.

The Very Good Food Co Pre-Tax Income Chart

The Very Good Food Co Annual Data
Trend Dec19 Dec20 Dec21
Pre-Tax Income
-1.78 -10.82 -42.63

The Very Good Food Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -10.81 -10.42 -7.56 -5.23 -1.15

VGFCQ vs KHC, GIS, HRL: Pre-Tax Income Comparison

For the Packaged Foods subindustry, The Very Good Food Co'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.


The Very Good Food Co Pre-Tax Income vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Very Good Food Co's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where The Very Good Food Co's Pre-Tax Income falls into.


VGFCQ
12GF Score
The Very Good Food Co Inc VGFCQ
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Very Good Food Co Pre-Tax Income Calculation

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

The Very Good Food Co's Pretax Income for the fiscal year that ended in Dec. 2021 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-43.331+3.069+-2.363+0+0
=-42.63

The Very Good Food Co's Pretax Income for the quarter that ended in Sep. 2022 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-5.161+4.694+-0.681+-0.004+0.0029999999999997
=-1.15

Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-24.36 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 $-24.36 Mil mean?
The Very Good Food Co (VGFCQ) has a Pre-Tax Income of $-24.36 Mil as of Sep. 2022. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on The Very Good Food Co and its competitors.
Is The Very Good Food Co's Pre-Tax Income too high?
The Very Good Food Co's current Pre-Tax Income is $-24.36 Mil. Overall, The Very Good Food Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does The Very Good Food Co's Pre-Tax Income compare to KHC and GIS?
The Very Good Food Co's Pre-Tax Income of $-24.36 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Pre-Tax Income depends on the Consumer Packaged Goods 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 The Very Good Food Co and its competitors. The Very Good Food Co's current Pre-Tax Income is $-24.36 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Very Good Food Co stock overvalued right now?
The Very Good Food Co (VGFCQ) has a current Pre-Tax Income of $-24.36 Mil. The current Pre-Tax Income is $-24.36 Mil. The Very Good Food Co's overall GF Score™ is 12/100. 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 The Very Good Food Co (VGFCQ), the current Pre-Tax Income is $-24.36 Mil as of Sep. 2022. 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.

The Very Good Food Co Business Description

Address 2748 Rupert Street, Vancouver, BC, CAN, M4W 3P4
The Very Good Food Co Inc operates in the food industry. The company is a food technology company that designs, develops, produces, distributes, and sells a variety of plant-based meat and other food alternatives.
12GF Score

Get the complete analysis for VGFCQ

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.01
Price