Lithium Ionic (TSXV:LTH) Pre-Tax Income : C$-44.97 Mil (TTM As of Mar. 2024)

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What is Lithium Ionic Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Lithium Ionic's pretax income for the three months ended in Mar. 2024 was C$-6.91 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was C$-44.97 Mil. Lithium Ionic's pretax margin was %.

Lithium Ionic Pre-Tax Income Historical Data

The historical data trend for Lithium Ionic'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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Lithium Ionic Pre-Tax Income Chart

Lithium Ionic Annual Data

Trend

Dec21

Dec22

Dec23

Pre-Tax Income

-26.13

-64.32

Lithium Ionic Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Pre-Tax Income	Get a 7-Day Free Trial								-26.26	-11.83	-12.45	-13.78	-6.91

Competitive Comparison of Lithium Ionic's Pre-Tax Income

For the Other Industrial Metals & Mining subindustry, Lithium Ionic'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.

Lithium Ionic's Pre-Tax Income Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lithium Ionic's Pre-Tax Income distribution charts can be found below:

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

Lithium Ionic Pre-Tax Income Calculation

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

Lithium Ionic'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
	=	-64.818	+	-0.291	+	-0.035	+	0.82	+	0
	=	-64.32

Lithium Ionic'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
	=	-6.874	+	-0.09	+	-0.011	+	0.069	+	0
	=	-6.91

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$-44.97 Mil.

Lithium Ionic (TSXV:LTH) Pre-Tax Income Explanation

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

Pretax Margin	=	Pretax Income	/	Revenue
	=	-6.906	/	0
	=	%

Lithium Ionic Pre-Tax Income Related Terms

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Lithium Ionic (TSXV:LTH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium Ionic Corp (TSXV:LTH) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

LTHCF:USA

Address

36 Lombard Street, 4th Floor, Toronto, ON, CAN, M5C 2X3

Website

https://www.lithiumionic.com

Lithium Ionic Corp is a Canadian junior exploration company focused on developing commercial-grade lithium. It owns a 100% ownership interest in the Itinga lithium project. It operates a single operating segment, which is mineral exploration and evaluation in Brazil.