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Reach Subsea ASA (FRA:4RS) Pre-Tax Income : €23.8 Mil (TTM As of Mar. 2024)


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What is Reach Subsea ASA Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Reach Subsea ASA's pretax income for the three months ended in Mar. 2024 was €-0.8 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was €23.8 Mil. Reach Subsea ASA's pretax margin was -1.55%.

During the past 13 years, Reach Subsea ASA's highest Pretax Margin was 14.72%. The lowest was -8.54%. And the median was 3.59%.


Reach Subsea ASA Pre-Tax Income Historical Data

The historical data trend for Reach Subsea ASA'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.

Reach Subsea ASA Pre-Tax Income Chart

Reach Subsea ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.56 4.07 7.20 9.37 25.17

Reach Subsea ASA Quarterly Data
Jun19 Sep19 Dec19 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 Premium Member Only Premium Member Only Premium Member Only 0.50 9.44 8.07 7.06 -0.77

Competitive Comparison of Reach Subsea ASA's Pre-Tax Income

For the Oil & Gas Equipment & Services subindustry, Reach Subsea ASA'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.


Reach Subsea ASA's Pre-Tax Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Reach Subsea ASA's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Reach Subsea ASA's Pre-Tax Income falls into.



Reach Subsea ASA Pre-Tax Income Calculation

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

Reach Subsea ASA'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
=28.84+0+-6.77+0.434+2.664
=25.2

Reach Subsea ASA'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
=2.486+0+-2.088+0.2+-1.371
=-0.8

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 €23.8 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.


Reach Subsea ASA  (FRA:4RS) Pre-Tax Income Explanation

Reach Subsea ASA's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=-0.773/49.872
=-1.55%

During the past 13 years, Reach Subsea ASA's highest Pretax Margin was 14.72%. The lowest was -8.54%. And the median was 3.59%.

* 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.


Reach Subsea ASA Pre-Tax Income Related Terms

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Reach Subsea ASA (FRA:4RS) Business Description

Traded in Other Exchanges
Address
Møllervegen 6, Haugesund, NOR, 5525
Reach Subsea ASA is a Norwegian subsea service provider. The services provided by the company include vessel fleet which comprises of edda fonn which is used for survey and light construction services, havila subsea, normand reach for complex offshore operations, viking neptun for cable installation and heavy lifting, and stril explorer. It two reportable segments namely Oil and Gas and Renewable and others. The company generates maximum revenue from the Oil and Gas segment.

Reach Subsea ASA (FRA:4RS) Headlines

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