GURUFOCUS.COM » STOCK LIST » Technology » Software » Rightscorp Inc (OTCPK:RIHT) » Definitions » Net Income

Rightscorp (Rightscorp) Net Income : $-1.42 Mil (TTM As of Sep. 2017)


View and export this data going back to 2011. Start your Free Trial

What is Rightscorp 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. Rightscorp's Net Income for the three months ended in Sep. 2017 was $-0.38 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2017 was $-1.42 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Rightscorp's Earnings per Share (Diluted) for the three months ended in Sep. 2017 was $-0.00.


Rightscorp Net Income Historical Data

The historical data trend for Rightscorp'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.

Rightscorp Net Income Chart

Rightscorp Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Dec14 Dec15 Dec16
Net Income
Get a 7-Day Free Trial -0.04 -0.09 -2.85 -3.44 -1.36

Rightscorp Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 -0.39 0.03 -0.41 -0.66 -0.38

Rightscorp 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

Rightscorp's Net Income for the fiscal year that ended in Dec. 2016 is calculated as

Net Income(A: Dec. 2016 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.356+0+0+0
=-1.36

Rightscorp's Net Income for the quarter that ended in Sep. 2017 is calculated as

Net Income(Q: Sep. 2017 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.38+0+0+0
=-0.38

Net Income for the trailing twelve months (TTM) ended in Sep. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.42 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.


Rightscorp  (OTCPK:RIHT) 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:

Rightscorp's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2017 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.


Rightscorp Net Income Related Terms

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


Rightscorp (Rightscorp) Business Description

Traded in Other Exchanges
N/A
Address
3100 Donald Douglas Loop North, Santa Monica, CA, USA, 90405
Rightscorp Inc is a technology company and has a patent-pending, proprietary method for collecting payments from illegal downloaders of copyrighted content via notifications sent to their internet service providers (ISPs).
Executives
Cecil Bond Kyte director, officer: CEO, CFO 5125 LANKERSHIM BOULEVARD, NORTH HOLLYWOOD CA 91601

Rightscorp (Rightscorp) Headlines

From GuruFocus

Rightscorp, Inc. Signs Another Contract for Litigation Services

By ACCESSWIRE ACCESSWIRE 06-24-2022

Rightscorp, Inc. Advances OTC Markets Compliance Process

By ACCESSWIRE ACCESSWIRE 09-24-2021

Legal Momentum Continues

By ACCESSWIRE ACCESSWIRE 11-17-2022