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Slack Technologies (Slack Technologies) Net Income : $-253.2 Mil (TTM As of Apr. 2021)


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What is Slack Technologies 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. Slack Technologies's Net Income for the three months ended in Apr. 2021 was $-27.9 Mil. Its Net Income for the trailing twelve months (TTM) ended in Apr. 2021 was $-253.2 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Slack Technologies's Earnings per Share (Diluted) for the three months ended in Apr. 2021 was $-0.05.


Slack Technologies Net Income Historical Data

The historical data trend for Slack Technologies'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.

Slack Technologies Net Income Chart

Slack Technologies Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21
Net Income
-146.86 -140.09 -140.68 -571.06 -300.42

Slack Technologies Quarterly Data
Jan17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21
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 -75.21 -74.85 -68.40 -81.96 -27.95

Slack Technologies 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

Slack Technologies's Net Income for the fiscal year that ended in Jan. 2021 is calculated as

Net Income(A: Jan. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-292.803+0.315+0+-7.934
=-300.4

Slack Technologies's Net Income for the quarter that ended in Apr. 2021 is calculated as

Net Income(Q: Apr. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-26.88+-1.065+0+0
=-27.9

Net Income for the trailing twelve months (TTM) ended in Apr. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-253.2 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.


Slack Technologies  (NYSE:WORK) 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:

Slack Technologies's Earnings per Share (Diluted) (EPS) for the quarter that ended in Apr. 2021 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.


Slack Technologies Net Income Related Terms

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Slack Technologies (Slack Technologies) Business Description

Traded in Other Exchanges
N/A
Address
500 Howard Street, San Francisco, CA, USA, 94105
Slack Technologies operates Slack, a software-as-a-service platform that brings together people, applications, and data. The platform is appropriate for all business types, from small and medium-size businesses to enterprise customers. The company was founded in 2009 as a game developer but later changed its focus and released its internally developed toolset, Slack, in 2013. It is headquartered in San Francisco.
Executives
David Schellhase officer: General Counsel and Secretary THE LANDMARK @ ONE MARKET, SUITE 300, SAN FRANCISCO CA 94105
Allen Shim officer: Chief Financial Officer C/O SLACK TECHNOLOGIES, INC., 500 HOWARD STREET, SAN FRANCISCO CA 94105
Robert Frati officer: Sr VP Sales, Customer Success C/O SLACK TECHNOLOGIES 500 HOWARD STREET SAN FRANCISCO CA 94105
Cal Henderson officer: Chief Technology Officer C/O SLACK TECHNOLOGIES, INC. 500 HOWARD STREET SAN FRANCISCO CA 94105
Stewart Butterfield director, officer: Chief Executive Officer CO/ SLACK TECHNOLOGIES, INC. 500 HOWARD STREET SAN FRANCISCO CA 94105
Brandon Zell officer: Chief Accounting Officer C/O SLACK TECHNOLOGIES 500 HOWARD STREET SAN FRANCISCO CA 94105
Graham Smith director 301 BRANNMAN ST, SAN FRANCISCO CA 94107
Tamar Yehoshua officer: Chief Product Officer 301 CONGRESS AVE, STE 700, AUSTIN TX 78701
John Ofarrell director 2865 SAND HILL ROAD #101, MENLO PARK CA 94025
Andrew Braccia director 428 UNIVERSITY AVE, PALO ALTO CA 94555
Edith W Cooper director C/O ETSY, INC., 117 ADAMS STREET, BROOKLYN NY 11249
Sheila B Jordan director 601 MERRITT 7, NORWALK CT 06851
Sarah Friar director C/O NEXTDOOR HOLDINGS, INC., 420 TAYLOR STREET, SAN FRANCISCO CA 94102
Michael M Mcnamara director C/O FLEXTRONICS INTERNATIONAL LTD, 2090 FORTUNE DRIVE, SAN JOSE CA 95131
Accel Growth Fund Investors 2014 L.l.c. 10 percent owner 428 UNIVERSITY AVE, PALO ALTO CA 94301

Slack Technologies (Slack Technologies) Headlines

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