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Loop Industries (FRA:3L9) Pre-Tax Income : €-19.40 Mil (TTM As of Feb. 2024)


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What is Loop Industries Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Loop Industries's pretax income for the three months ended in Feb. 2024 was €-4.68 Mil. Its pretax income for the trailing twelve months (TTM) ended in Feb. 2024 was €-19.40 Mil. Loop Industries's pretax margin was -11,147.62%.

During the past 13 years, Loop Industries's highest Pretax Margin was -12312.72%. The lowest was -13846.05%. And the median was -13034.14%.


Loop Industries Pre-Tax Income Historical Data

The historical data trend for Loop Industries'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.

Loop Industries Pre-Tax Income Chart

Loop Industries Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.30 -30.06 -39.58 -19.90 -19.51

Loop Industries Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 5.07 -6.44 -4.36 -3.92 -4.68

Competitive Comparison of Loop Industries's Pre-Tax Income

For the Specialty Chemicals subindustry, Loop Industries'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.


Loop Industries's Pre-Tax Income Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Loop Industries's Pre-Tax Income distribution charts can be found below:

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



Loop Industries Pre-Tax Income Calculation

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

Loop Industries's Pretax Income for the fiscal year that ended in Feb. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-20.161+0.058+-0.151+0.555+0.189
=-19.51

Loop Industries's Pretax Income for the quarter that ended in Feb. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-4.94+-0.017+-0.021+0.107+0.189
=-4.68

Pre-Tax Income for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-19.40 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.


Loop Industries  (FRA:3L9) Pre-Tax Income Explanation

Loop Industries's Pretax Margin for the quarter that ended in Feb. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=-4.682/0.042
=-11,147.62%

During the past 13 years, Loop Industries's highest Pretax Margin was -12312.72%. The lowest was -13846.05%. And the median was -13034.14%.

* 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.


Loop Industries Pre-Tax Income Related Terms

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Loop Industries (FRA:3L9) Business Description

Traded in Other Exchanges
Address
480 Fernand-Poitras, Terrebonne, QC, CAN, J6Y 1Y4
Loop Industries Inc is a technology and licensing company whose mission is to accelerate the world's shift toward sustainable plastic and away from dependence on fossil fuels. The company owns patented and proprietary technology that depolymerizes no and low value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpet and polyester textile of any color, transparency or condition and even ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). Its monomers are filtered, purified and repolymerized to create virgin-quality Loop branded PET plastic resin and polyester fiber suitable for use in food-grade packaging to be sold to consumer goods companies to help them meet their sustainability objectives.

Loop Industries (FRA:3L9) Headlines

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