Optimind Pharma (XCNQ:OMND) Pre-Tax Income : C$-2.68 Mil (TTM As of Nov. 2023)

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What is Optimind Pharma Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Optimind Pharma's pretax income for the three months ended in Nov. 2023 was C$-0.10 Mil. Its pretax income for the trailing twelve months (TTM) ended in Nov. 2023 was C$-2.68 Mil. Optimind Pharma's pretax margin was -385.19%.

During the past 2 years, Optimind Pharma's highest Pretax Margin was -1815.88%. The lowest was -1942.03%. And the median was -1815.88%.

Optimind Pharma Pre-Tax Income Historical Data

The historical data trend for Optimind Pharma'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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Optimind Pharma Pre-Tax Income Chart

Optimind Pharma Annual Data

Trend

Feb22

Feb23

Pre-Tax Income

-3.09

Optimind Pharma Quarterly Data
	Jun21	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Pre-Tax Income	Get a 7-Day Free Trial			-0.32	-1.99	-0.40	-0.18	-0.10

Competitive Comparison of Optimind Pharma's Pre-Tax Income

For the Drug Manufacturers - Specialty & Generic subindustry, Optimind Pharma'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.

Optimind Pharma's Pre-Tax Income Distribution in the Drug Manufacturers Industry

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

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

Optimind Pharma Pre-Tax Income Calculation

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

Optimind Pharma's Pretax Income for the fiscal year that ended in Feb. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-1.196	+	-1.817	+	-0.074	+	0	+	-4.4408920985006E-16
	=	-3.09

Optimind Pharma's Pretax Income for the quarter that ended in Nov. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-0.096	+	0.016	+	-0.025	+	0	+	0.001
	=	-0.10

Pre-Tax Income for the trailing twelve months (TTM) ended in Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.68 Mil.

Optimind Pharma (XCNQ:OMND) Pre-Tax Income Explanation

Optimind Pharma's Pretax Margin for the quarter that ended in Nov. 2023 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-0.104	/	0.027
	=	-385.19%

During the past 2 years, Optimind Pharma's highest Pretax Margin was -1815.88%. The lowest was -1942.03%. And the median was -1815.88%.

Optimind Pharma Pre-Tax Income Related Terms

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Optimind Pharma (XCNQ:OMND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Optimind Pharma Corp (XCNQ:OMND) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

3000 - 77 King Street West, TD Centre, North Tower, PO Box 95, Toronto, ON, CAN, M5K 1G8

Website

https://www.optimindpharma.com

Optimind Pharma Corp is an emerging provider of psychedelic therapies for the masses. It helps people suffering from PTSD, Anxiety, Depression, and other mental illnesses and disabilities by providing ketamine-assisted-treatment and other psychedelic-enhanced-psychotherapy modalities.

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