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Poseidon Concepts (Poseidon Concepts) Net Income : $30.1 Mil (TTM As of Sep. 2012)


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What is Poseidon Concepts Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Poseidon Concepts's Net Income for the three months ended in Sep. 2012 was $8.0 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2012 was $30.1 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Poseidon Concepts's Earnings per Share (Diluted) for the three months ended in Sep. 2012 was $0.10.


Poseidon Concepts Net Income Historical Data

The historical data trend for Poseidon Concepts's Net 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.

Poseidon Concepts Net Income Chart

Poseidon Concepts Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Net Income
Get a 7-Day Free Trial 0.52 2.27 -5.82 6.82 -12.19

Poseidon Concepts Quarterly Data
Dec06 Dec07 Dec08 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
Net 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 14.78 -38.04 29.82 30.33 8.01

Poseidon Concepts Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Poseidon Concepts's Net Income for the fiscal year that ended in Dec. 2011 is calculated as

Net Income(A: Dec. 2011 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=59.19+-15.223+-56.158+1.7763568394003E-15
=-12.2

Poseidon Concepts's Net Income for the quarter that ended in Sep. 2012 is calculated as

Net Income(Q: Sep. 2012 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=10.516+-2.51+0+0
=8.0

Net Income for the trailing twelve months (TTM) ended in Sep. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was $30.1 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.


Poseidon Concepts  (GREY:POOSF) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Poseidon Concepts's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2012 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Poseidon Concepts Net Income Related Terms

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Poseidon Concepts (Poseidon Concepts) Business Description

Traded in Other Exchanges
N/A
Address
645 - 7th Avenue SW, Suite 1200, Calgary, AB, CAN, T2P 4G8
Poseidon Concepts Corp is a customer-focused provider of safe fluid handling solutions to the oil and natural gas sector across North America.

Poseidon Concepts (Poseidon Concepts) Headlines

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