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Tourmaline Bio (Tourmaline Bio) Pre-Tax Income : $-34.33 Mil (TTM As of Mar. 2024)


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What is Tourmaline Bio Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Tourmaline Bio's pretax income for the three months ended in Mar. 2024 was $-13.31 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $-34.33 Mil. Tourmaline Bio's pretax margin was %.

Tourmaline Bio Pre-Tax Income Historical Data

The historical data trend for Tourmaline Bio'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.

Tourmaline Bio Pre-Tax Income Chart

Tourmaline Bio Annual Data
Trend Dec21 Dec22 Dec23
Pre-Tax Income
- -19.70 -42.12

Tourmaline Bio Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only -7.50 -16.13 -7.02 2.13 -13.31

Competitive Comparison of Tourmaline Bio's Pre-Tax Income

For the Biotechnology subindustry, Tourmaline Bio'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.

Tourmaline Bio's Pre-Tax Income Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Tourmaline Bio's Pre-Tax Income distribution charts can be found below:

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


Tourmaline Bio Pre-Tax Income Calculation

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

Tourmaline Bio'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
=-45.409+3.285+0+0+-7.105427357601E-15
=-42.12

Tourmaline Bio'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
=-17.517+4.206+0+0+0
=-13.31

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 $-34.33 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.

Tourmaline Bio  (NAS:TRML) Pre-Tax Income Explanation

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

Pretax Margin=Pretax Income/Revenue
=-13.311/0
=%

* 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.

Tourmaline Bio Pre-Tax Income Related Terms

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Tourmaline Bio (Tourmaline Bio) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Tourmaline Bio Inc (NAS:TRML) » Definitions » Pre-Tax Income
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Traded in Other Exchanges
N/A
Address
27 West 24th Street, Suite 702, New York, NY, USA, 10010
Website
https://www.tourmalinebio.com
Tourmaline Bio Inc is a late-stage clinical biotechnology company driven by its mission to develop transformative medicines that dramatically improve the lives of patients with life-altering immune diseases. Its initial product candidate is TOUR006, a fully human monoclonal antibody that selectively binds to interleukin-6 (IL-6), a key proinflammatory cytokine involved in the pathogenesis of many autoimmune and inflammatory disorders. The anti-IL-6 and anti-IL-6 receptor (IL-6R) antibody class (IL-6 class) has over two decades of clinical and commercial experience treating over a million patients with a variety of autoimmune and inflammatory diseases.