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Know Labs (Know Labs) Net Income : $-14.91 Mil (TTM As of Dec. 2023)


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What is Know Labs 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. Know Labs's Net Income for the three months ended in Dec. 2023 was $-3.45 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-14.91 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Know Labs's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.04.


Know Labs Net Income Historical Data

The historical data trend for Know Labs'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.

Know Labs Net Income Chart

Know Labs Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.61 -13.56 -25.36 -20.07 -15.29

Know Labs 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 -3.82 -4.93 -3.60 -2.94 -3.45

Know Labs 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

Know Labs's Net Income for the fiscal year that ended in Sep. 2023 is calculated as

Net Income(A: Sep. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-15.289+0+0+0
=-15.29

Know Labs'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
=-3.447+0+0+0
=-3.45

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 $-14.91 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.


Know Labs  (AMEX:KNW) 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:

Know Labs'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.


Know Labs Net Income Related Terms

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Know Labs (Know Labs) Business Description

Traded in Other Exchanges
N/A
Address
500 Union Street, Suite 810, Seattle, WA, USA, 98101
Know Labs Inc is a medical diagnostic. The company is focused on the development, marketing, and sales of proprietary technologies that are capable of uniquely identifying or authenticating almost any substance or material using electromagnetic energy to record, detect, and identify the signature of the substance or material known as Bio-RFID and ChromaID technologies. It is developing a wearable device that will measure blood glucose without fingersticks or microneedles.
Executives
Todd Baszucki 10 percent owner 519 LOMA ALTA ROAD, CARMEL CA 93923
Jessica English officer: Chief Marketing Officer 34 GRANADA DRIVE, CORTE MADERA CA 94925
Leonardo Mouta Trautwein officer: Chief Marketing Officer PO BOX 2021, PARK CITY UT 84060
Takesako Ichiro John Paul director 500 UNION STREET, SUITE 420, SEATTLE WA 98101
Peter J Conley officer: Chief Financial Officer 3658 PRICE HILLS DRIVE, SAINT GEORGE UT 84790
Steven T Kent officer: Chief Product Officer 185 CHANNEL ST, APT 545, SAN FRANCISCO CA 94158
William Arthur Owens director C/O CENTURYLINK, INC., 100 CENTURYLINK DRIVE, MONROE LA 71203
Ronald P Erickson director, officer: Chairman 9437 NE CORAL COURT, BAINBRIDGE ISLAND WA 98110
Jon Pepper director 500 UNION STREET, SUITE 810, SEATTLE WA 98101
Phillip Bosua director, 10 percent owner, officer: CEO and President 500 UNION STREET, SUITE 810, SEATTLE WA 98101
Jeff T Wilson officer: CFO
Jeffrey Richard Kruse other: Pres. of TransTech Systems Inc 12142 NE SKY LANE, SUITE 130, AURORA OR 97002
Todd Martin Sames officer: V.P. of Business Development 500 UNION STREET, SUITE 420, SEATTLE WA 98101
Richard Mander officer: VP Product Mgmnt & Technology 500 UNION STREET, STE 406, SEATTLE WA 98101
Bonderson Paul R Jr director

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