Mag Mile Capital (Mag Mile Capital) Pre-Tax Income : $-1.94 Mil (TTM As of Mar. 2024)

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What is Mag Mile Capital Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Mag Mile Capital's pretax income for the three months ended in Mar. 2024 was $-0.07 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.94 Mil. Mag Mile Capital's pretax margin was -12.38%.

During the past 3 years, Mag Mile Capital's highest Pretax Margin was -112.20%. The lowest was -162.32%. And the median was -162.32%.

Mag Mile Capital Pre-Tax Income Historical Data

The historical data trend for Mag Mile Capital'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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Mag Mile Capital Pre-Tax Income Chart

Mag Mile Capital Annual Data

Trend

Jul21

Jul22

Dec23

Pre-Tax Income

-0.07

-3.12

Mag Mile Capital Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Dec23	Mar24
Pre-Tax Income	Get a 7-Day Free Trial						-0.01	-1.52	-	-0.36	-0.07

Competitive Comparison of Mag Mile Capital's Pre-Tax Income

For the Mortgage Finance subindustry, Mag Mile Capital'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.

Mag Mile Capital's Pre-Tax Income Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mag Mile Capital's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Mag Mile Capital's Pre-Tax Income falls into.

Mag Mile Capital Pre-Tax Income Calculation

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

Mag Mile Capital'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
	=	-3.104	+	0	+	-0.011	+	0	+	0
	=	-3.12

Mag Mile Capital'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
	=	-0.064	+	0	+	-0.002	+	0	+	0
	=	-0.07

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 $-1.94 Mil.

Mag Mile Capital (OTCPK:MMCP) Pre-Tax Income Explanation

Mag Mile Capital's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-0.066	/	0.533
	=	-12.38%

During the past 3 years, Mag Mile Capital's highest Pretax Margin was -112.20%. The lowest was -162.32%. And the median was -162.32%.

Mag Mile Capital Pre-Tax Income Related Terms

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Mag Mile Capital (Mag Mile Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mag Mile Capital Inc (OTCPK:MMCP) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

7950 W. Sunset Boulevard, Suite 629, Los Angeles, CA, USA, 90046

Website

https://www.magmilecapital.com

Mag Mile Capital Inc is a full-service commercial real estate mortgage banking firm. Mag Mile Capital is a national platform comprised of capital markets experience in real estate bridge financing, mezzanine, and permanent debt placement and equity arrangements throughout the full capital stack and across all major real estate asset classes, including hotels, multifamily, office, retail, industrial, healthcare, self-storage and special purpose properties, offering access to structured debt and equity advisory solutions and placement for real estate investors, developers, and entrepreneurs, It leverages a wide variety of lending relationships and equity capital connections as a leading national real estate mortgage intermediary.

Mag Mile Capital (Mag Mile Capital) Headlines

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