GURUFOCUS.COM » STOCK LIST » Technology » Software » Sonic Foundry Inc (OTCPK:SOFO) » Definitions » Net Income

Sonic Foundry (Sonic Foundry) Net Income : $-19.35 Mil (TTM As of Sep. 2023)


View and export this data going back to 1998. Start your Free Trial

What is Sonic Foundry 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. Sonic Foundry's Net Income for the three months ended in Sep. 2023 was $-3.72 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was $-19.35 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Sonic Foundry's Earnings per Share (Diluted) for the three months ended in Sep. 2023 was $-0.31.


Sonic Foundry Net Income Historical Data

The historical data trend for Sonic Foundry'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.

Sonic Foundry Net Income Chart

Sonic Foundry Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.61 -0.18 3.08 -7.08 -19.35

Sonic Foundry Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.72 -4.39 -3.38 -7.87 -3.72

Sonic Foundry 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

Sonic Foundry's Net Income for the fiscal year that ended in Sep. 2023 is calculated as

Net Income(A: Sep. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-19.116+-0.232+0+0
=-19.35

Sonic Foundry's Net Income for the quarter that ended in Sep. 2023 is calculated as

Net Income(Q: Sep. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-3.713+-0.003+0+0
=-3.72

Net Income for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-19.35 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.


Sonic Foundry  (OTCPK:SOFO) 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:

Sonic Foundry's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2023 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.


Sonic Foundry Net Income Related Terms

Thank you for viewing the detailed overview of Sonic Foundry's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Sonic Foundry (Sonic Foundry) Business Description

Traded in Other Exchanges
N/A
Address
222 W. Washington Avenue, Madison, WI, USA, 53703
Sonic Foundry Inc is engaged in the business of providing video enterprise solutions and services for the digital-first, distance learning, and corporate communications market. It offers video capture, management, and streaming solutions as well as virtual and hybrid events in education, business, and government. Sonic Foundry's family of brands includes Mediasite, Video Solutions, Vidable and Global Learning Exchange. The company also offers video solutions, including Mediasite Video Platform, Mediasite Video Cloud, Mediasite Capture Solutions, Mediasite Events, Mediasite Services, and Mediasite Customer Care. The company has a geographical presence in the United States, Europe, and the Middle East, Asia, and other places.
Executives
Brian Wiegand director 8215 GREENWAY BLVD, SUITE 340, MIDDLETON WI 53562
Ron W Busslinger 10 percent owner 27901 VIA DEL AGUA, LAGUNA NIGUEL CA 92677
Joe Jr Mozden director 3423 WILD PRAIRIE LN, GENEVA IL 60134
Kenneth A Minor officer: Chief Financial Officer
Nelson A Murphy director 2300 W INNES ST, SALISBURY NC 28144
Taha Jangda director 3827 LINKLEA DRIVE, HOUSTON TX 77025
Lawrence William St director 23 ASHLAND STREET, NEWBURYPORT MA 01950-1905
Kelsy L Boyd director 2839 PLEASANT VIEW HTS, COTTAGE GROVE WI 53527
Michael Norregaard officer: Chief Operating Officer 4891 ENCHANTED VALLEY ROAD, MIDDLETON WI 53562
Andrew D. Burish 10 percent owner 8020 EXCELSIOR DRIVE, MADISON WI 53717
David Slayton director 701 WASHINGTON AVE N. SUITE #400, MINNEAPOLIS WI 55401
Gary Weis director, officer: Chief Executive Officer & CTO
Kopko Frederick H Jr director 4901 S ELLIS AVE, CHICAGO IL 60615
Mark D Burish director HURLEY, BURISH, MILLIKEN S.C., 301 NORTH BROOM STREET, MADISON WI 53703
David Kleinman director