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Glass House Brands (NEOE:GLAS.A.U) Pre-Tax Income : $-69.2 Mil (TTM As of Mar. 2024)


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What is Glass House Brands Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Glass House Brands's pretax income for the three months ended in Mar. 2024 was $-17.4 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $-69.2 Mil. Glass House Brands's pretax margin was -57.92%.

During the past 4 years, Glass House Brands's highest Pretax Margin was -21.22%. The lowest was -65.34%. And the median was -49.40%.


Glass House Brands Pre-Tax Income Historical Data

The historical data trend for Glass House Brands'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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Glass House Brands Pre-Tax Income Chart

Glass House Brands Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
-10.24 -41.29 -37.35 -88.12

Glass House Brands Quarterly Data
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 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 -32.41 -19.66 6.28 -38.38 -17.43

Competitive Comparison of Glass House Brands's Pre-Tax Income

For the Drug Manufacturers - Specialty & Generic subindustry, Glass House Brands'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.


Glass House Brands's Pre-Tax Income Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Glass House Brands's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Glass House Brands's Pre-Tax Income falls into.



Glass House Brands Pre-Tax Income Calculation

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

Glass House Brands'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
=3.286+-81.63+-9.819+0.045+0
=-88.1

Glass House Brands'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
=-8.858+-6.371+-2.205+0+0
=-17.4

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 $-69.2 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.


Glass House Brands  (NEOE:GLAS.A.U) Pre-Tax Income Explanation

Glass House Brands's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=-17.434/30.101
=-57.92%

During the past 4 years, Glass House Brands's highest Pretax Margin was -21.22%. The lowest was -65.34%. And the median was -49.40%.

* 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.


Glass House Brands Pre-Tax Income Related Terms

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Glass House Brands (NEOE:GLAS.A.U) Business Description

Traded in Other Exchanges
Address
3645 Long Beach Boulevard, Long Beach, CA, USA, 90807
Glass House Brands Inc is a vertically integrated cannabis and hemp company with a focus on the California market. Its portfolio of brands includes Glass House Farms, Forbidden Flowers, and Mama Sue Wellness.

Glass House Brands (NEOE:GLAS.A.U) Headlines

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