Ovation Science (XCNQ:OVAT) Pre-Tax Income : C$-0.82 Mil (TTM As of Mar. 2024)

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What is Ovation Science Pre-Tax Income?

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. 2024 was C$-0.18 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.82 Mil. Ovation Science's pretax margin was -440.00%.

During the past 7 years, Ovation Science's highest Pretax Margin was -158.00%. The lowest was -1349.18%. And the median was -552.27%.

Ovation Science Pre-Tax Income Historical Data

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.

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Ovation Science Pre-Tax Income Chart

Ovation Science Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

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-0.84

-1.19

-2.39

-0.79

-0.81

Ovation Science Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Pre-Tax Income	Get a 7-Day Free Trial															-0.17	-0.26	-0.19	-0.19	-0.18

Competitive Comparison of Ovation Science's Pre-Tax Income

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's Pre-Tax Income Distribution in the 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. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-0.695	+	-0.087	+	-0.031	+	0	+	0
	=	-0.81

Ovation Science's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-0.153	+	-0.012	+	-0.011	+	0	+	2.7755575615629E-17
	=	-0.18

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.82 Mil.

Ovation Science (XCNQ:OVAT) Pre-Tax Income Explanation

Ovation Science's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-0.176	/	0.04
	=	-440.00%

During the past 7 years, Ovation Science's highest Pretax Margin was -158.00%. The lowest was -1349.18%. And the median was -552.27%.

Ovation Science Pre-Tax Income Related Terms

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Ovation Science (XCNQ:OVAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Ovation Science Inc (XCNQ:OVAT) » Definitions » Pre-Tax Income

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OVATF:USA 0VH:Germany

Address

625 Howe Street, Suite 1140, Vancouver, BC, CAN, V6C 2T6

Website

https://www.ovationscience.com

Ovation Science Inc is a Canada-based company mainly engaged in the business of sub-licensing rights to use Invisicare, a patented drug delivery technology used in topical and transdermal skin products containing hemp seed oil and cannabis products. The company also holds the right to manufacture, distribute, sell, market, sub-license and promote products formulated with Invisicare and containing cannabis products including cannabinoids, hemp seed oil and any synthetic derivatives of cannabis. It also develops formulas for skin product lines including topical and transdermal creams and lotions containing hemp seed oil and cannabis.

Executives

David K. Ryan

Director

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