BCBC (Bitcoin Bancorp) Net Income: $-0.39 Mil (TTM As of Dec. 2008)

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What is Bitcoin Bancorp Net Income?

Bitcoin Bancorp BCBC +5.79% Net Income is $-0.39 Mil as of Dec. 2008.

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. Bitcoin Bancorp's Net Income for the six months ended in Dec. 2008 was $-0.39 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2008 was $-0.39 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Bitcoin Bancorp's Earnings per Share (Diluted) for the six months ended in Dec. 2008 was $-0.18.


Bitcoin Bancorp  (OTCPK:BCBC) 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:

Bitcoin Bancorp's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2008 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.


Bitcoin Bancorp Net Income Related Terms


Bitcoin Bancorp Net Income Historical Data

* Premium members only.

The historical data trend for Bitcoin Bancorp'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.

Bitcoin Bancorp Net Income Chart

Bitcoin Bancorp Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Net Income
Get a 7-Day Free Trial Premium Member Only -0.99 -0.92 -1.88 -1.49 -0.39

Bitcoin Bancorp Semi-Annual Data
Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Net Income Get a 7-Day Free Trial Premium Member Only -0.99 -0.92 -1.88 -1.49 -0.39

Bitcoin Bancorp 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

Bitcoin Bancorp's Net Income for the fiscal year that ended in Dec. 2008 is calculated as

Net Income(A: Dec. 2008 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0+0+0+-0.393
=-0.39

Bitcoin Bancorp's Net Income for the quarter that ended in Dec. 2008 is calculated as

Net Income(Q: Dec. 2008 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0+0+0+-0.393
=-0.39

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Net Income for the trailing twelve months (TTM) ended in Dec. 2008 was $-0.39 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.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of $-0.39 Mil mean?
Bitcoin Bancorp (BCBC) has a Net Income of $-0.39 Mil as of Dec. 2008. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Bitcoin Bancorp and its competitors.
Is Bitcoin Bancorp's Net Income too high?
Bitcoin Bancorp's current Net Income is $-0.39 Mil.
How does Bitcoin Bancorp's Net Income compare to TFLM and INTZ?
Bitcoin Bancorp's Net Income of $-0.39 Mil can be compared against companies in the Software 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 for a Software company?
A good Net Income depends on the Software industry context. However, Net Income 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 mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Bitcoin Bancorp and its competitors. Bitcoin Bancorp's current Net Income is $-0.39 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bitcoin Bancorp stock overvalued right now?
Bitcoin Bancorp (BCBC) has a current Net Income of $-0.39 Mil. The current Net Income is $-0.39 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Bitcoin Bancorp (BCBC), the current Net Income is $-0.39 Mil as of Dec. 2008. 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.

Bitcoin Bancorp Business Description

Address 732 S 6th Street, Suite R, Las Vegas, NV, USA, 89101
Bitcoin Bancorp Inc is a diversified digital asset and BaaS company, specializing in blockchain technologies, software development, and Web 3.0. The company owns Bitcoin ATMs which are operated by licensed third-party operators within the jurisdictions in which it resides. It is committed to driving the innovations needed to shape the future of digital and blockchain-related platforms through digital technology and decentralized blockchain solutions.