Trine Acquisition (Trine Acquisition) Pre-Tax Income : $-2.08 Mil (TTM As of Sep. 2020)

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What is Trine Acquisition Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Trine Acquisition's pretax income for the three months ended in Sep. 2020 was $-3.01 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2020 was $-2.08 Mil. Trine Acquisition's pretax margin was %.

Trine Acquisition Pre-Tax Income Historical Data

The historical data trend for Trine Acquisition'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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Trine Acquisition Pre-Tax Income Chart

Trine Acquisition Annual Data

Trend

Dec18

Dec19

Pre-Tax Income

3.46

Trine Acquisition Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Pre-Tax Income	Get a 7-Day Free Trial			1.07	0.86	0.30	-0.23	-3.01

Competitive Comparison of Trine Acquisition's Pre-Tax Income

For the Shell Companies subindustry, Trine Acquisition'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.

Trine Acquisition's Pre-Tax Income Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Trine Acquisition's Pre-Tax Income distribution charts can be found below:

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

Trine Acquisition Pre-Tax Income Calculation

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

Trine Acquisition's Pretax Income for the fiscal year that ended in Dec. 2019 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-1.857	+	0.17	+	0	+	5.142	+	0
	=	3.46

Trine Acquisition's Pretax Income for the quarter that ended in Sep. 2020 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-3.04	+	0	+	0	+	0.028	+	-0.00099999999999989
	=	-3.01

Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.08 Mil.

Trine Acquisition (NYSE:TRNE) Pre-Tax Income Explanation

Trine Acquisition's Pretax Margin for the quarter that ended in Sep. 2020 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-3.013	/	0
	=	%

Trine Acquisition Pre-Tax Income Related Terms

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Trine Acquisition (Trine Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Trine Acquisition Corp (NYSE:TRNE) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

405 Lexington Avenue, 48th Floor, The Chrysler Building, New York, NY, USA, 10174

Website

https://www.trineacquisitioncorp.com

Trine Acquisition Corp is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.