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AWIN (AERWINS Technologies) Net Income : $-9.21 Mil (TTM As of Mar. 2024)


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What is AERWINS 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. AERWINS Technologies's Net Income for the three months ended in Mar. 2024 was $8.93 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-9.21 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. AERWINS Technologies's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $1,115.88.


AERWINS Technologies Net Income Historical Data

The historical data trend for AERWINS 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.

AERWINS Technologies Net Income Chart

AERWINS Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Income
-12.55 -14.56 -14.48 -25.94

AERWINS Technologies Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.80 -11.42 -3.86 -2.85 8.93

AERWINS 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

AERWINS Technologies'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
=-9.516+0+-16.422+3.5527136788005E-15
=-25.94

AERWINS Technologies's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=8.927+0+0+0
=8.93

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-9.21 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.


AERWINS Technologies  (OTCPK:AWIN) 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:

AERWINS Technologies's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2024 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.


AERWINS Technologies Net Income Related Terms

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AERWINS Technologies Business Description

Traded in Other Exchanges
N/A
Address
691 Mill Street, The Walnut Building, Suite 2, Los Angeles, CA, USA, 90021
AERWINS Technologies Inc is Designing and Developing Manned and Unmanned Crafts for Low Altitude Airspace. It aims to realize an Air Mobility Society in which cars, specialized crafts, and drones can fly freely. It aligns vehicles with the stringent requirements of the Federal Aviation Administration's (FAA) Powered Ultra-Light Air Vehicle Category, setting a new standard for safe low-altitude manned flight.
Executives
Shuhei Komatsu director, 10 percent owner, officer: Chairman of the Board and CEO # 4510, 4-20-2 SHIBAURA, MINATO-KU, TOKYO M0 0000
Daisuke Katano director, officer: Chief Operating Officer(1) #1701 2-17-50 AKASAKA, MINATO-KU, TOKYO M0 107-0052
Mike K Sayama director 220 SOUTH KING ST., 3RD FLOOR, HONOLULU HI 96813
Steve Iwamura director 643 ILALO STREET, HONOLULU HI 96813
Kensuke Okabe officer: Chief Financial Officer #505, 7-4-4, KITAYAMATA,, TSUZUKI-KU, YOKOHAMA M0 0000
Kazuo Miura officer: Chief Product Officer 4-5-13 EDAHIGASHI, TSUZUKI-KU, YOKOHAMA M0 224-0006
Marehiko Yamada director 7-5-20, FUKASAWA, SETAGAYA-KU, TOKYO M0 158-0081
Taiji Ito director, officer: See Remarks 3-32 KIOICHO, CHIYODA-KU, TOKYO M0 0000
Dustin M Shindo director, 10 percent owner, officer: Chief Executive Officer HOKU CORPORATION, 1288 ALA MOANA BLVD STE 220, HONOLULU HI 96814
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Trisha Nomura officer: Chief Financial Officer 643 ILALO STREET, HONOLULU HI 96813
Hank Wuh director, 10 percent owner, officer: Chief Strategy Officer 643 ILALO STREET, HONOLULU HI 96813
Kotaro Chiba director 643 ILALO STREET, HONOLULU HI 96813
Mehana Equity Llc 10 percent owner 643 ILALO STREET, HONOLULU HI 96813