Greenway Greenhouse Cannabis (XCNQ:GWAY) Pre-Tax Income : C$-3.80 Mil (TTM As of Dec. 2023)

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What is Greenway Greenhouse Cannabis Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Greenway Greenhouse Cannabis's pretax income for the three months ended in Dec. 2023 was C$-1.62 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was C$-3.80 Mil. Greenway Greenhouse Cannabis's pretax margin was -116.50%.

During the past 3 years, Greenway Greenhouse Cannabis's highest Pretax Margin was -46.35%. The lowest was -147.33%. And the median was -96.84%.

Greenway Greenhouse Cannabis Pre-Tax Income Historical Data

The historical data trend for Greenway Greenhouse Cannabis'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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Greenway Greenhouse Cannabis Pre-Tax Income Chart

Greenway Greenhouse Cannabis Annual Data

Trend

Mar21

Mar22

Mar23

Pre-Tax Income

-1.23

-2.92

-2.61

Greenway Greenhouse Cannabis Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Pre-Tax Income	Get a 7-Day Free Trial								-0.45	-0.58	-1.52	-0.66	-1.62

Competitive Comparison of Greenway Greenhouse Cannabis's Pre-Tax Income

For the Drug Manufacturers - Specialty & Generic subindustry, Greenway Greenhouse Cannabis'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.

Greenway Greenhouse Cannabis's Pre-Tax Income Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Greenway Greenhouse Cannabis's Pre-Tax Income falls into.

Greenway Greenhouse Cannabis Pre-Tax Income Calculation

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

Greenway Greenhouse Cannabis's Pretax Income for the fiscal year that ended in Mar. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-2.053	+	0.329	+	-0.882	+	0	+	0
	=	-2.61

Greenway Greenhouse Cannabis's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-1.345	+	0	+	-0.272	+	0	+	0
	=	-1.62

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-3.80 Mil.

Greenway Greenhouse Cannabis (XCNQ:GWAY) Pre-Tax Income Explanation

Greenway Greenhouse Cannabis's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-1.617	/	1.388
	=	-116.50%

During the past 3 years, Greenway Greenhouse Cannabis's highest Pretax Margin was -46.35%. The lowest was -147.33%. And the median was -96.84%.

Greenway Greenhouse Cannabis Pre-Tax Income Related Terms

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Greenway Greenhouse Cannabis (XCNQ:GWAY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Greenway Greenhouse Cannabis Corp (XCNQ:GWAY) » Definitions » Pre-Tax Income

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Traded in Other Exchanges

GWAYF:USA

Address

1478 Seacliff Drive, Kingsville, ON, CAN, N9Y 2M2

Website

https://www.greenway.ca

Greenway Greenhouse Cannabis Corp is licensed to cultivate, process and sell to ensures harvests always consist of the highest quality cannabis strains with resinous flowers, trichomes, and rich cannabinoid profiles. The Company's nursery facility is located in Kingsville, Ontario, and its flowering and processing facility is located in Leamington, Ontario. The business model is to supply bulk packaged, high quality cannabis to the Canadian, cannabis industry at prices that ultimately provide a value proposition to the consumers. Greenway has three divisions with various locations; Greenway Nursery, Greenway Cultivation and future plans for Greenway Farmgate Retail Store.

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