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Microvision (Microvision) Net Income : $-82.84 Mil (TTM As of Dec. 2023)


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What is Microvision 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. Microvision's Net Income for the three months ended in Dec. 2023 was $-19.74 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-82.84 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Microvision's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.10.


Microvision Net Income Historical Data

The historical data trend for Microvision'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.

Microvision Net Income Chart

Microvision 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 -26.48 -13.63 -43.20 -53.09 -82.84

Microvision 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 -13.48 -19.03 -20.61 -23.47 -19.74

Microvision 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

Microvision'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
=-81.696+-1.146+0+0
=-82.84

Microvision'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
=-19.262+-0.475+0+3.5527136788005E-15
=-19.74

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 $-82.84 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.


Microvision  (NAS:MVIS) 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:

Microvision'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.


Microvision Net Income Related Terms

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Microvision (Microvision) Business Description

Traded in Other Exchanges
Address
18390 NE 68th Street, Redmond, WA, USA, 98052
Microvision Inc is engaged in developing a lidar sensor to be used in automotive safety and autonomous driving applications. Its lidar sensor uses laser beam scanning (LBS) technology, which is based on systems that include micro-electrical mechanical systems (MEMS), laser diodes, optomechanics, electronics, algorithms, and software. The company has also developed solutions for Augmented Reality, Interactive Displays, and Consumer Lidars.
Executives
Robert Paul Carlile director 1226 ALKI AVE SW, 5200, SEATTLE WA 98116
Judith Mecham Curran director 17883 STONEBROOK CT, NORTHVILLE MI 48168
Mark Bradley Spitzer director 5 MINK TRAP LANE, SHARON MA 02067
Sumit Sharma director, officer: CEO 541 LAKE WASHINGTON BLVD E, SEATTLE WA 98112
Jeffrey A Herbst director 35 ORCHARD HILLS STREET, ATHERTON CA 94027
Drew G Markham officer: VP, General Counsel 6244 185TH AVE NE, STE 100, REDMOND WA 98052
Seval F Oz director 14901 BRONSON AVENUE, SAN JOSE CA 95124
Simon Biddiscombe director C/O MOBILEIRON, INC., 415 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
Anubhav Verma officer: VP, Chief Financial Officer 6244 185TH AVE NE, STE 100, REDMOND WA 98052
Stephen Patrick Holt officer: Chief Financial Officer C/O MICROVISION, INC., 6222 185TH AVE NE, REDMOND WA 98052
Brian V Turner director P.O. BOX 91123, SEATTLE WA 98111-9223
Perry Mulligan director EMULEX CORPORATION, 3333 SUSAN STREET, COSTA MESA CA 92626
Bernee Dl Strom director, Director 5500 LAKE WASHINGTON BLVD NE, UNIT 3B, KIRKLAND WA 98033
Alexander Y Tokman officer: President and COO C/O MICROVISION, INC., 6222 185TH AVENUE NE, REDMOND WA 98052
David J Westgor officer: VP,General Counsel & Secretary C/O MICROVISION, INC., 6244 185TH AVENUE NE, REDMOND WA 98052