Cardiol Therapeutics (TSX:CRDL) Pre-Tax Income : C$-30.22 Mil (TTM As of Mar. 2024)

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What is Cardiol Therapeutics Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Cardiol Therapeutics's pretax income for the three months ended in Mar. 2024 was C$-9.18 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was C$-30.22 Mil. Cardiol Therapeutics's pretax margin was %.

During the past 7 years, Cardiol Therapeutics's highest Pretax Margin was -40048.10%. The lowest was -40048.10%. And the median was -40048.10%.

Cardiol Therapeutics Pre-Tax Income Historical Data

The historical data trend for Cardiol Therapeutics'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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Cardiol Therapeutics Pre-Tax Income Chart

Cardiol Therapeutics Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

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-13.68

-20.64

-31.64

-30.93

-28.13

Cardiol Therapeutics 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															-7.09	-7.47	-5.93	-7.64	-9.18

Competitive Comparison of Cardiol Therapeutics's Pre-Tax Income

For the Drug Manufacturers - Specialty & Generic subindustry, Cardiol Therapeutics'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.

Cardiol Therapeutics's Pre-Tax Income Distribution in the Drug Manufacturers Industry

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

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

Cardiol Therapeutics Pre-Tax Income Calculation

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

Cardiol Therapeutics'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
	=	-29.786	+	-0.381	+	0	+	2.038	+	0.0010000000000012
	=	-28.13

Cardiol Therapeutics'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
	=	-8.405	+	-1.151	+	0	+	0.377	+	-0.0010000000000012
	=	-9.18

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 C$-30.22 Mil.

Cardiol Therapeutics (TSX:CRDL) Pre-Tax Income Explanation

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

Pretax Margin	=	Pretax Income	/	Revenue
	=	-9.18	/	0
	=	%

During the past 7 years, Cardiol Therapeutics's highest Pretax Margin was -40048.10%. The lowest was -40048.10%. And the median was -40048.10%.

Cardiol Therapeutics Pre-Tax Income Related Terms

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Cardiol Therapeutics (TSX:CRDL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Cardiol Therapeutics Inc (TSX:CRDL) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

CRDL:USA CT9:Germany

Address

2265 Upper Middle Road East, Suite 602, Oakville, ON, CAN, L6H 0G5

Website

https://www.cardiolrx.com

Cardiol Therapeutics Inc is a clinical-stage life sciences company focused on the research and clinical development of anti-inflammatory and anti-fibrotic therapies for the treatment of heart diseases. The company's lead product candidate, CardiolRx, is a pharmaceutically manufactured oral cannabidiol formulation that is being clinically developed for use in heart diseases. Cardiol has received Investigational New Drug Application authorization from the United States Food and Drug Administration to conduct clinical studies to evaluate the efficacy and safety of CardiolRx in two diseases affecting the heart which are a Phase II multi-national trial, the ARCHER trial, in acute myocarditis; and a Phase II multi-center open-label pilot study in recurrent pericarditis.

Executives

Guillermo Torre

Senior Officer