GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » On Deck Capital Inc (NYSE:ONDK) » Definitions » Net Income

On Deck Capital (On Deck Capital) Net Income : $-38.8 Mil (TTM As of Jun. 2020)


View and export this data going back to 2014. Start your Free Trial

What is On Deck Capital 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. On Deck Capital's Net Income for the three months ended in Jun. 2020 was $2.2 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2020 was $-38.8 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. On Deck Capital's Earnings per Share (Diluted) for the three months ended in Jun. 2020 was $0.04.


On Deck Capital Net Income Historical Data

The historical data trend for On Deck Capital'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.

On Deck Capital Net Income Chart

On Deck Capital Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Net Income
Get a 7-Day Free Trial -1.27 -82.96 -12.07 27.05 27.96

On Deck Capital Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 4.30 8.68 9.31 -58.98 2.17

On Deck Capital 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

On Deck Capital's Net Income for the fiscal year that ended in Dec. 2019 is calculated as

Net Income(A: Dec. 2019 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=20.122+3.513+0+4.32
=28.0

On Deck Capital's Net Income for the quarter that ended in Jun. 2020 is calculated as

Net Income(Q: Jun. 2020 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-4.123+0+0+6.293
=2.2

Net Income for the trailing twelve months (TTM) ended in Jun. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-38.8 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.


On Deck Capital  (NYSE:ONDK) 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:

On Deck Capital's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2020 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.


On Deck Capital Net Income Related Terms

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


On Deck Capital (On Deck Capital) Business Description

Traded in Other Exchanges
N/A
Address
1400 Broadway, 25th Floor, New York, NY, USA, 10018
On Deck Capital Inc is a platform for online small business lending. The company transforms small business lending by making it efficient and convenient for small businesses to access capital. Its' platform touches every aspect of the customer lifecycle, including customer acquisition, sales, scoring and underwriting, funding, and servicing and collections. It generates revenue in the form of interest income.
Executives
Bruce P Nolop director C/O E*TRADE FINANCIAL CORPORATE SERVICES, 135 EAST 57TH STREET, NEW YORK NY 10022
Chandra Dhandapani director C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Jane J. Thompson director 628 GREEN VALLEY ROAD, SUITE 500, GREENSBORO NC 27408
Mark Torossian officer: Principal Accounting Officer 1400 BROADWAY, 25TH FLOOR, NEW YORK NY 10018
Kenneth A Brause officer: Chief Financial Officer C/O ON DECK CAPITAL INC 1400 BROADWAY 25TH FLOOR NEW YORK NY 10018
Nicholas Peter Brown officer: Chief Risk Officer 1400 BROADWAY 25TH FLOOR NEW YORK NY 10018
Kampfer Cory officer: Chief Operations Officer & GC C/O ON DECK CAPITAL INC. 1400 BROADWAY 25TH FLOOR NEW YORK NY 10018
Ronald F Verni director C/O ON DECK CAPITAL INC. 1400 BROADWAY 25TH FLOOR NEW YORK NY 10018
Daniel S Henson director C/O HEALTHCARE TRUST OF AMERICA, INC., 16435 N. SCOTTSDALE ROAD, SUITE 320, SCOTTSDALE AZ 85254
Rodriquez Manuel Sanchez director C/O FANNIE MAE, 1100 15TH STREET, NW, WASHINGTON DC 20005
Noah Breslow director, officer: CEO & Chairman C/O ON DECK CAPITAL INC 1400 BROADWAY 25TH FLOOR NEW YORK NY 10018
Neil E Wolfson director C/O ON DECK CAPITAL INC., 1400 BROADWAY 25TH FLOOR, NEW YORK NY 10018
Stuart J. Ellman 10 percent owner C/O RRE VENTURES, 130 EAST 59TH STREET, 17TH FLOOR, NEW YORK NY 10022
Rre Ventures Gp Iv, Llc 10 percent owner 130 EAST 59TH STREET, 17TH FLOOR, NEW YORK NY 10022
Rre Ventures Iv L P 10 percent owner 126 EAST 56TH ST NEW YORK NY 10022