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Range Impact (Range Impact) Net Income : $3.13 Mil (TTM As of Dec. 2023)


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What is Range Impact 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. Range Impact's Net Income for the three months ended in Dec. 2023 was $-0.08 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $3.13 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Range Impact's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.00.


Range Impact Net Income Historical Data

The historical data trend for Range Impact'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.

Range Impact Net Income Chart

Range Impact Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.12 -4.37 -0.88 -1.07 3.13

Range Impact 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 -0.06 -0.23 0.04 3.40 -0.08

Range Impact 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

Range Impact'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
=3.131+0+0+0
=3.13

Range Impact'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
=-0.083+0+0+0
=-0.08

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 $3.13 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.


Range Impact  (OTCPK:RNGE) 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:

Range Impact'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.


Range Impact Net Income Related Terms

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Range Impact (Range Impact) Business Description

Traded in Other Exchanges
N/A
Address
200 Park Avenue, Suite 400, Cleveland, OH, USA, 44122
Range Impact Inc is dedicated to improving the health and wellness of people and the planet through a novel and innovative approach to impact investing. Range Impact owns and operates several complementary operating businesses focused on developing long-term solutions to environmental, social, and health challenges, with a particular focus on acquiring, reclaiming and repurposing mine sites and other undervalued land in economically disadvantaged communities throughout Appalachia. Range Impact takes an opportunistic approach to impact investing by leveraging its competitive advantages and looking at solving old problems in new ways.
Executives
Edward F Feighan director 10055 SWEET VALLEY DRIVE, CLEVELAND OH 44125
Michael R. Cavanaugh director 18545 PARKLAND DRIVE, SHAKER HEIGHTS OH 44122
Joseph E. Loconti 10 percent owner 6140 PARKLAND BLVD., MAYFIELD HEIGHTS OH 44124
Indemnity National Insurance Co 10 percent owner 238 BEDFORD WAY, FRANKLIN TN 37064
Brandon Joel Zipp officer: Chief Science Officer 2439 EVERLEY CIRCLE, ROSEVILLE CA 95747
Richard Mckilligan officer: CFO, Secretary and Counsel 10990 WILSHIRE BOULEVARD, STE 1410, LOS ANGELES CA 90024
Richard F Celeste director C/O GLIMCHER REALTY TRUST, 180 EAST BROAD STREET, COLUMBUS OH 43215
Maida Anthony E Iii director 157 TECHNOLOGY DR, IRVINE CA 92618
Robert T. Brooke officer: VP of Business Devevlopment 1601 N. SEPULVEDA BLVD., #632, MANHATTAN BEACH CA 90266
Avtar S Dhillon director, 10 percent owner, officer: President,CEO,CFO,Sec and Tres C/O GENETRONICS INC, 11199 SORRENTO VALLEY ROAD, SAN DIEGO CA 92121
Tao Chen director, 10 percent owner, officer: President SUITE 403, 2-46 DEZHENNAN ROAD, GUANGZHOU CITY, GUANGDONG PROV F4 111111111