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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. Clipper Realty's Net Income for the three months ended in Sep. 2024 was $-0.4 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was $-3.2 Mil.
Net Income is linked to the most popular Earnings per Share (Diluted) number. Clipper Realty's Earnings per Share (Diluted) for the three months ended in Sep. 2024 was $-0.03.
The historical data trend for Clipper Realty'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.
Clipper Realty Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Net Income | Get a 7-Day Free Trial | -1.67 | -4.91 | -7.59 | -4.76 | -5.90 |
Clipper Realty Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Net Income | Get a 7-Day Free Trial | -0.88 | -1.08 | -1.01 | -0.66 | -0.41 |
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
Clipper Realty'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 |
= | -15.565 | + | 0 | + | 0 | + | 9.665 |
= | -5.9 |
Clipper Realty's Net Income for the quarter that ended in Sep. 2024 is calculated as
Net Income | (Q: Sep. 2024 ) | ||||||
= | Pre-Tax Income | + | Tax Provision | + | Net Income (Discontinued Operations) | + | Others |
= | -1.088 | + | 0 | + | 0 | + | 0.676 |
= | -0.4 |
Net Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.2 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.
Clipper Realty (NYSE:CLPR) 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:
Clipper Realty's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2024 is calculated as
Earnings per Share (Diluted) (Q: Sep. 2024 ) | = | (Net Income | - | Preferred Dividends) | / | Shares Outstanding (Diluted Average) |
= | (-0.412 | - | 0) | / | 16.077 | |
= | -0.03 |
* 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 businessThe 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.
Thank you for viewing the detailed overview of Clipper Realty's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.
Howard M Lorber | director | 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137 |
Harmon Spolan | director | OOZEN O CONNOR, 1900 MARKET ST 4TH FL, PHILADELPHIA PA 19103 |
Sam Levinson | director, 10 percent owner | 9190 PRIORITY WAY WEST DRIVE, SUITE 300, INDIANAPOLIS IN 46240 |
David Bistricer | director, 10 percent owner, officer: Co-Chairman and CEO | PO BOX 407, BROOKLIN NY 11219 |
Michael Charles Frenz | officer: Chief Financial Officer | C/O CLIPPER REALTY INC, 4611 12TH AVENUE, SUITE 1L, BROOKLYN NY 11219 |
Roberto Angelo Verrone | director | 200 HIGHLAND AVENUE, SHORT HILLS NJ 07078 |
Robert Jay Ivanhoe | director | GREENBERG TRAURIG, LLP, 200 PARK AVENUE, NEW YORK NY 10166 |
Richard N Burger | director | P.O. BOX 28543, SCOTTSDALE AZ 85255 |
Lawrence E Kreider | officer: Chief Financial Officer | 600 GRANT STREET, SUITE 900, DENVER CO 80203 |
Jacob Bistricer | officer: Chief Operating Officer | 4611 12TH AVENUE, SUITE 1L, BROOKLYN NY 11219 |
Jacob Schwimmer | officer: Chief PM Offcier | 1738 47TH STREET, BROOKLYN NY 11204 |
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