GPFT (Grapefruit USA) Net Income (Continuing Operations): $-0.37 Mil (TTM As of Sep. 2023)

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What is Grapefruit USA Net Income (Continuing Operations)?

Grapefruit USA GPFT +3.33% Net Income (Continuing Operations) is $-0.37 Mil as of Sep. 2023.

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. Grapefruit USA's Net Income (Continuing Operations) for the three months ended in Sep. 2023 was $-0.37 Mil. Its Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.37 Mil.

Grapefruit USA  (OTCPK:GPFT) Net Income (Continuing Operations) Explanation

Net Income (Continuing Operations) excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Grapefruit USA Net Income (Continuing Operations) Related Terms

Grapefruit USA Net Income (Continuing Operations) Historical Data

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The historical data trend for Grapefruit USA's Net Income (Continuing Operations) 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.

Grapefruit USA Net Income (Continuing Operations) Chart

Grapefruit USA Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net Income (Continuing Operations)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.85 -8.13 -4.60 -4.06 -5.51

Grapefruit USA Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Sep23
Net Income (Continuing Operations) 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 -1.76 -0.48 -1.37 -0.76 -0.37

Grapefruit USA Net Income (Continuing Operations) Calculation

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period.

Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.37 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.

What does a Net Income (Continuing Operations) of $-0.37 Mil mean?
Grapefruit USA (GPFT) has a Net Income (Continuing Operations) of $-0.37 Mil as of Sep. 2023. Net Income (Continuing operations) is the total net earnings from a company's continuing operations. View historical data on Grapefruit USA and its competitors.
Is Grapefruit USA's Net Income (Continuing Operations) too high?
Grapefruit USA's current Net Income (Continuing Operations) is $-0.37 Mil.
How does Grapefruit USA's Net Income (Continuing Operations) compare to KAYS and KOAN?
Grapefruit USA's Net Income (Continuing Operations) of $-0.37 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income (Continuing Operations) for a Drug Manufacturers company?
A good Net Income (Continuing Operations) depends on the Drug Manufacturers industry context. However, Net Income (Continuing Operations) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income (Continuing Operations) mean?
A high Net Income (Continuing Operations) can signal that a stock is expensive relative to its fundamentals. Net Income (Continuing operations) is the total net earnings from a company's continuing operations. View historical data on Grapefruit USA and its competitors. Grapefruit USA's current Net Income (Continuing Operations) is $-0.37 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grapefruit USA stock overvalued right now?
Grapefruit USA (GPFT) has a current Net Income (Continuing Operations) of $-0.37 Mil. The current Net Income (Continuing Operations) is $-0.37 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income (Continuing Operations) calculated?
Net Income (Continuing Operations) is calculated from a company's financial statements. For Grapefruit USA (GPFT), the current Net Income (Continuing Operations) is $-0.37 Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Grapefruit USA Business Description

Address 10850 Wilshire Boulevard, Suite 710, Los Angeles, CA, USA, 90024
Grapefruit USA Inc currently has no operations. It is actively seeking a strategic merger partner with the goal of completing a business combination.