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OpenLocker Holdings (OpenLocker Holdings) Net Income : $-6.71 Mil (TTM As of Jan. 2024)


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What is OpenLocker 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. OpenLocker Holdings's Net Income for the three months ended in Jan. 2024 was $-0.14 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jan. 2024 was $-6.71 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. OpenLocker Holdings's Earnings per Share (Diluted) for the three months ended in Jan. 2024 was $-0.00.


OpenLocker Holdings Net Income Historical Data

The historical data trend for OpenLocker 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.

OpenLocker Holdings Net Income Chart

OpenLocker Holdings Annual Data
Trend Dec19 Dec20 Jul22 Jul23
Net Income
-0.01 -0.01 -2.56 -7.43

OpenLocker Holdings Quarterly Data
Dec19 Dec20 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.76 -0.65 -5.45 -0.47 -0.14

OpenLocker 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

OpenLocker Holdings's Net Income for the fiscal year that ended in Jul. 2023 is calculated as

Net Income(A: Jul. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-7.426+0+0+0
=-7.43

OpenLocker Holdings's Net Income for the quarter that ended in Jan. 2024 is calculated as

Net Income(Q: Jan. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.141+0+0+0
=-0.14

Net Income for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.71 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.


OpenLocker Holdings  (OTCPK:OLKR) 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:

OpenLocker Holdings's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jan. 2024 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.


OpenLocker Holdings Net Income Related Terms

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OpenLocker Holdings (OpenLocker Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1700 Palm Beach Lakes Boulevard, Suite 820, West Palm Beach, FL, USA, 33401
OpenLocker Holdings Inc connects the digital and the physical worlds by offering real-world utility and a physical token of ownership to fans who purchase a digital collectible on its Web3 platform. It offers a FanTech platform for athletes and brands to redefine and unlock value for their fans and audience. It builds and engaged communities and opens doors to Name, Image, and Likeness (NIL) revenue opportunities for student-athletes that previously did not exist. Its portfolio consists of Bone Yard Huskyz Ckub, Gataverse, Open Stable, and Others.
Executives
Abby Eileen Klatsky 10 percent owner 12 WINSOR PLACE, GLEN RIDGE NJ 07028
Brendan John O'brien 10 percent owner 575 JERICHO TURNPIKE, SUITE 307, JERICHO NY 11753
Brian Lance Klatsky director, officer: President, OpenLocker Inc. 320 BROAD STREET, RED BANK NJ 07701
Lauren Blair Klatsky officer: COO of OpenLocker Inc. 320 BROAD STREET, RED BANK NJ 07701
Laura E Anthony director, 10 percent owner, officer: President LAURA ANTHONY, 120 S. OLIVE AVE, WEST PALM BEACH FL 33401
Howard Gostfrand director, 10 percent owner, officer: Chief Executive Officer 625 N. FLAGLER DRIVE, SUITE 600, WEST PALM BEACH FL 33401
Meir Wexler director, officer: Chief Investment Officer 2123 DUNWOODY GLN, DUNWOODY GA 30338
Aleksandr Rubin director, officer: CEO, PFO, PAO 400 SUNNY ISLES BLVD, APT 1019, NORTH MIAMI FL 33160
Balance Labs, Inc. 10 percent owner 407 LINCOLN ROAD, SUITE 701, MIAMI BEACH FL 33139
Jason Lyons 10 percent owner 612 HOWARD STREET, SAN FRANCISCO CA 94549
Mikael Lundgren officer: President 9440 SANTA MONICA BLVD., SUITE 301, BEVERLY HILLS CA 90210
Mid Atlantic Capital Associates Inc. officer: President 9440 SANTA MONICA BLVD., SUITE 301, BEVERLY HILLS CA 90210
Wayne A Root director, 10 percent owner 5092 SOUTH JONES BOULEVARD, LAS VEGAS NV 89118
Douglas R Miller director, officer: President and COO 5092 SOUTH JONES BOULEVARD, LAS VEGAS NV 89118
Roger Lee Harrison director 8455 BEVERLY BLVD, STE 407, WEST HOLLYWOOD CA 90048

OpenLocker Holdings (OpenLocker Holdings) Headlines

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