Top Image Systems (Top Image Systems) Net Income : $-5.90 Mil (TTM As of Jun. 2018)

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What is Top Image Systems 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. Top Image Systems's Net Income for the three months ended in Jun. 2018 was $-0.96 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2018 was $-5.90 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Top Image Systems's Earnings per Share (Diluted) for the three months ended in Jun. 2018 was $-0.05.

Top Image Systems Net Income Historical Data

The historical data trend for Top Image Systems'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.

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Top Image Systems Net Income Chart

Top Image Systems Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Net Income

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-0.19

-5.48

-8.30

-6.61

-6.59

Top Image Systems Quarterly Data
	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18
Net Income	Get a 7-Day Free Trial															-1.80	-1.52	-1.50	-1.93	-0.96

Top Image Systems 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

Top Image Systems's Net Income for the fiscal year that ended in Dec. 2017 is calculated as

	Net Income		(A: Dec. 2017 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	-6.372	+	-0.204	+	0	+	-0.012
=	-6.59

Top Image Systems's Net Income for the quarter that ended in Jun. 2018 is calculated as

	Net Income		(Q: Jun. 2018 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	-0.912	+	-0.045	+	0	+	-0.00099999999999989
=	-0.96

Net Income for the trailing twelve months (TTM) ended in Jun. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.90 Mil.

Top Image Systems (NAS:TISA) 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:

Top Image Systems's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2018 is calculated as

Earnings per Share (Diluted) (Q: Jun. 2018 )	=	(Net Income	-	Preferred Dividends)	/	Shares Outstanding (Diluted Average)
	=	(-0.958	-	0)	/	18.271
	=	-0.05

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.

Top Image Systems Net Income Related Terms

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Top Image Systems (Top Image Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Top Image Systems Ltd (NAS:TISA) » Definitions » Net Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Ben Gurion Street, PO Box 42, Beser Towers 1, Ramat Gan, ISR, 52573

Website

http://www.topimagesystems.com

Top Image Systems Ltd is a US-based company which is engaged in the development and marketing of a variety of information recognition systems and technologies and automated document capture solutions for the efficient flow of information within and between organizations. The company's solution delivers digital content to the applications that drive an enterprise by using advanced technologies including wireless communications, servers, form processing and information recognition systems. Its technology solutions include content process automation, Banking process, and Financial process automation. The company's products include eFLOW, mobiFLOW, and eFLOW CloudDocs. Most of the company's revenue is earned in North and South America and Asia Pacific region.