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Trans-Lux (Trans-Lux) Net Income : $-4.07 Mil (TTM As of Dec. 2023)


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What is Trans-Lux 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. Trans-Lux's Net Income for the three months ended in Dec. 2023 was $-1.48 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-4.07 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Trans-Lux's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.11.


Trans-Lux Net Income Historical Data

The historical data trend for Trans-Lux'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.

Trans-Lux Net Income Chart

Trans-Lux 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 -1.40 -4.84 -4.97 0.32 -4.07

Trans-Lux 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 -0.23 -0.86 -0.88 -0.85 -1.48

Trans-Lux 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

Trans-Lux'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
=-4.036+-0.031+0+-8.8817841970013E-16
=-4.07

Trans-Lux'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
=-1.468+-0.012+0+0
=-1.48

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 $-4.07 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.


Trans-Lux  (OTCPK:TNLX) 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:

Trans-Lux'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.


Trans-Lux Net Income Related Terms

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Trans-Lux (Trans-Lux) Business Description

Traded in Other Exchanges
N/A
Address
254 West 31st Street, 12th Floor, New York, NY, USA, 10001
Trans-Lux Corp is engaged in the design, manufacture, market, and services of light-emitting diode display and lighting solutions. The company operates through two segments, namely Digital product sales and Digital product lease and maintenance. Its Digital product sales segment is involved in the sale of equipment. The Digital product lease and maintenance segment is comprised of the lease and maintenance of equipment. Digital product sales contribute to the majority of the revenue. It serves various sectors such as sports arenas and stadiums, financial institutions, educational institutions, advertising, corporate and government communication centers, retail outlets, and others. The company conducts its business operations in the United States and Canada.
Executives
Durkin Thomas E Iii officer: EVP & General Counsel
Yantao Yu director C/O TRANS-LUX CORPORATION, 135 EAST 57TH STREET, 14TH FLOOR, NEW YORK NY 10022
Nicholas J Fazio director, 10 percent owner C/O TRANS-LUX CORPORATION, 135 EAST 57TH STREET, 14TH FLOOR, NEW YORK NY 10022
Unilumin North America, Inc. 10 percent owner C/O UNILUMIN LED TECHNOLOGY FL LLC, 254 WEST 31ST STREET, NEW YORK NY 10001
Trans Lux Corp officer: Vice President 135 EAST 57TH STREET, 14TH FLOOR, NEW YORK NY 10022
Todd Dupee officer: Vice President 216 EAST 36TH ST, APT 2R, NEW YORK NY 10016
George W Schiele director 19 HILL ROAD, GREENWICH CT 06830
David Pavlik officer: President of TL Energy 3301 N HAMILTON AVE, CHICAGO IL 60618
Marco M Elser director VIA SISTINA 121, ROME L6 00187
Ryan J. Morris director 531 E. STATE ST., ITHACA NY 14850
Yaozhong Shi director 950 THIRD AVENUE, SUITE 2804, NEW YORK NY 10022
David Joseph Osher officer: Chief Operating Officer 950 THIRD AVE SUITE 2804, NEW YORK NY 10022
Robert J Conologue officer: Chief Financial Officer 216 LEROY AVENUE, DARIEN CT 06820
Alberto Shaio director
Alan K Greene director

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