GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Innovation1 Biotech Inc (OTCPK:IVBT) » Definitions » Pre-Tax Income

Innovation1 Biotech (Innovation1 Biotech) Pre-Tax Income : $-5.99 Mil (TTM As of Aug. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Innovation1 Biotech Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Innovation1 Biotech's pretax income for the three months ended in Aug. 2023 was $-4.45 Mil. Its pretax income for the trailing twelve months (TTM) ended in Aug. 2023 was $-5.99 Mil. Innovation1 Biotech's pretax margin was %.

During the past 9 years, Innovation1 Biotech's highest Pretax Margin was 34666.67%. The lowest was -258000.00%. And the median was -2978.19%.


Innovation1 Biotech Pre-Tax Income Historical Data

The historical data trend for Innovation1 Biotech'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.

Innovation1 Biotech Pre-Tax Income Chart

Innovation1 Biotech Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only -0.17 -2.58 1.04 -40.88 -5.99

Innovation1 Biotech Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23
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 -37.25 -0.63 -0.60 -0.30 -4.45

Competitive Comparison of Innovation1 Biotech's Pre-Tax Income

For the Shell Companies subindustry, Innovation1 Biotech'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.


Innovation1 Biotech's Pre-Tax Income Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Innovation1 Biotech's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Innovation1 Biotech's Pre-Tax Income falls into.



Innovation1 Biotech Pre-Tax Income Calculation

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

Innovation1 Biotech's Pretax Income for the fiscal year that ended in Aug. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-1.267+-4.469+-0.252+0+0
=-5.99

Innovation1 Biotech's Pretax Income for the quarter that ended in Aug. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-0.179+-4.16+-0.116+0+0.0010000000000003
=-4.45

Pre-Tax Income for the trailing twelve months (TTM) ended in Aug. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.99 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.


Innovation1 Biotech  (OTCPK:IVBT) Pre-Tax Income Explanation

Innovation1 Biotech's Pretax Margin for the quarter that ended in Aug. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=-4.454/0
=%

During the past 9 years, Innovation1 Biotech's highest Pretax Margin was 34666.67%. The lowest was -258000.00%. And the median was -2978.19%.

* 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.


Innovation1 Biotech Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Innovation1 Biotech's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Innovation1 Biotech (Innovation1 Biotech) Business Description

Traded in Other Exchanges
N/A
Address
40 Wall Street, Suite 2701, New York, NY, USA, 10005
Innovation1 Biotech Inc is a shell company.
Executives
Grays Peak Llc 10 percent owner 8 THE GREEN, STE. A, DOVER DE 19803
Timothy Orr director, 10 percent owner, officer: President 4010 TANAGER LANE, #A, MEAD WA 99021
Darren Long director, 10 percent owner, officer: CEO & Secretary 4010 TANAGER LANE, #A, MEAD WA 99021
Brian Martinho director, 10 percent owner, officer: Treasurer 4010 EAST TANAGER LANE, MEAD WA 99021