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MainStreetChamber Holdings (MainStreetChamber Holdings) Net Income : $-0.07 Mil (TTM As of Dec. 2022)


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What is MainStreetChamber Holdings 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. MainStreetChamber Holdings's Net Income for the three months ended in Dec. 2022 was $-0.03 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2022 was $-0.07 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. MainStreetChamber Holdings's Earnings per Share (Diluted) for the three months ended in Dec. 2022 was $-0.00.


MainStreetChamber Holdings Net Income Historical Data

The historical data trend for MainStreetChamber Holdings'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.

MainStreetChamber Holdings Net Income Chart

MainStreetChamber Holdings Annual Data
Trend Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Dec19 Dec20 Dec21 Dec22
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 -0.01 - - -0.07

MainStreetChamber Holdings Quarterly Data
Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 - - -0.01 -0.03 -0.03

MainStreetChamber Holdings 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

MainStreetChamber Holdings's Net Income for the fiscal year that ended in Dec. 2022 is calculated as

Net Income(A: Dec. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.065+0+0+0
=-0.07

MainStreetChamber Holdings's Net Income for the quarter that ended in Dec. 2022 is calculated as

Net Income(Q: Dec. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.027+0+0+0
=-0.03

Net Income for the trailing twelve months (TTM) ended in Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.07 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.


MainStreetChamber Holdings  (OTCPK:MSCH) 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:

MainStreetChamber Holdings's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2022 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.


MainStreetChamber Holdings Net Income Related Terms

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MainStreetChamber Holdings (MainStreetChamber Holdings) Business Description

Traded in Other Exchanges
N/A
Address
3753 Howard Hughes Parkway, Suite 200-1220, Las Vegas, NV, USA, 89169
MainStreetChamber Holdings Inc formerly Walker Lane Exploration Inc is involved in the business activity of acquiring other business entities for the purpose of helping them grow in their respective market and operations. The clients of the company include Aloha Laundry Life, Final Mile Technologies, Kathy Ireland Kids and others.
Executives
Huntley Barr Andrews 10 percent owner, other: CEO of Subsidiary 975A ELGIN ST. WEST, SUITE 413, COBOURG A6 K9A 5J3
Ted Riley Sharp director, officer: CFO 714 WHISPERWOOD COURT, NAMPA ID 83686
Eric Stevenson 10 percent owner, officer: VP Business Development 4098 QUINN DRIVE, CARSON CITY NV 89701
Steven Kendall Jones director, 10 percent owner, officer: President 14674 GOLD RUN DRIVE, RENO NV 89521
Keith Adrian Simon director, officer: Secretary-Treasurer 963 CHIP CREEK COURT, MINDEN NV 89423
Thomas Mancuso director 1421 SANDIA COURT, RENO NV 89523
Trevor A Moss director 3645 CROWN HILL DRIVE, SANTA ROSA CA 95404
Sje Mining Llc 10 percent owner, other: 70% owner 205 RED WING DRIVE, DAYTON NV 89403
Barbara Jean Erdmann officer: Corporate Secretary 23537 WINDOM ST, WEST HILLS CA 91304
Leon Caldwell director, officer: President/CFO 12021 WILSHIRE BLVD 535, LOS ANGELES CA 90025

MainStreetChamber Holdings (MainStreetChamber Holdings) Headlines