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Aqua Metals (Aqua Metals) Net Income : $-23.94 Mil (TTM As of Dec. 2023)


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What is Aqua Metals 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. Aqua Metals's Net Income for the three months ended in Dec. 2023 was $-10.03 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-23.94 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Aqua Metals's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.09.


Aqua Metals Net Income Historical Data

The historical data trend for Aqua Metals'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.

Aqua Metals Net Income Chart

Aqua Metals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -44.80 -25.76 -18.19 -15.43 -23.94

Aqua Metals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -3.97 -4.61 -4.76 -4.55 -10.03

Aqua Metals 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

Aqua Metals's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-23.938+0+0+0
=-23.94

Aqua Metals's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-10.026+0+0+0
=-10.03

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-23.94 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.


Aqua Metals  (NAS:AQMS) 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:

Aqua Metals's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 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.


Aqua Metals Net Income Related Terms

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Aqua Metals (Aqua Metals) Business Description

Traded in Other Exchanges
Address
5370 Kietzke Lane, Suite 201, Reno, NV, USA, 89511
Aqua Metals Inc is a United States-based company engaged in the business of recycling Lead through a novel, proprietary and patent-pending process that it developed and named AquaRefining. The company's breakthrough, AquaRefining, delivers a product, at a higher yield, eliminates toxic waste, reduces permitting and is less expensive to build than smelting. AquaRefining process will provide for the recycling of Lead acid batteries and the production of a pure grade Lead with a significantly lower cost of production, and with fewer environmental and regulatory issues, than conventional methods of Lead production.
Executives
Vincent L Divito director 329 DOLPHIN LANE, WEST BABYLON NY 11704
Sung Yi director C/O AQUA METALS.COM, 5370 KIETZKE LN SUITE 201, RENO NV 89511
Peifang Zhang director 21640 E. BRIARWOOD DR., AURORA CO 80016
Edward J Smith director 635 HOOD ROAD, MARKHAM A6 L3R 4N6
David Kanen director 6429 NW 65TH WAY, PARKLAND FL 33067
Philotimo Fund, Lp other: Passive Investor 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Kanen Wealth Management Llc other: Passive Investor 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
David Mcmurtry officer: Chief Business Officer C/O AQUA METALS.COM, 5370 KIETZKE LN SUITE 201, RENO NV 89511
Stephen Cotton officer: Chief Commercial Officer 1010 ATLANTIC AVE, ALAMEDA CA 94501
Benjamin S. Taecker officer: Chief Eng and Opr Officer C/O AQUA METALS, 2500 PERU DR., MCCARRAN NV 89437
Judd Merrill officer: Chief Financial Officer 2425 CROOKED CANYON CT., RENO NV 89521
S. Shariq Yosufzai director 171 ALPINE TERRACE, OAKLAND CA 94618
Gayle J Gibson director 2500 PERU DRIVE, MCCARRAN NV 89437
Susanne Meline director P.O. BOX 515381, #86506, LOS ANGELES CA 90051
Sushil Kapoor director AQUA METALS, INC., 1010 ATLANTIC AVE STE 101, ALAMEDA CA 94501