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CarbonMeta Technologies (CarbonMeta Technologies) Net Income : $0.35 Mil (TTM As of Sep. 2023)


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What is CarbonMeta 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. CarbonMeta Technologies's Net Income for the three months ended in Sep. 2023 was $2.78 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was $0.35 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. CarbonMeta Technologies's Earnings per Share (Diluted) for the three months ended in Sep. 2023 was $0.00.


CarbonMeta Technologies Net Income Historical Data

The historical data trend for CarbonMeta 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.

CarbonMeta Technologies Net Income Chart

CarbonMeta Technologies Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec21 Dec22
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.65 -7.94 -2.31 8.27 0.40

CarbonMeta Technologies Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.35 0.82 -8.81 5.56 2.78

CarbonMeta 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

CarbonMeta Technologies's Net Income for the fiscal year that ended in Dec. 2022 is calculated as

Net Income(A: Dec. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0.4+0+0+0
=0.40

CarbonMeta Technologies's Net Income for the quarter that ended in Sep. 2023 is calculated as

Net Income(Q: Sep. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=2.76+0+0+0.019
=2.78

Net Income 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 $0.35 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.


CarbonMeta Technologies  (OTCPK:COWI) 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:

CarbonMeta Technologies's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2023 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.


CarbonMeta Technologies Net Income Related Terms

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CarbonMeta Technologies (CarbonMeta Technologies) Business Description

Traded in Other Exchanges
N/A
Address
13110 NE 177th Place, Woodinville, WA, USA, 98072
CarbonMeta Technologies Inc is environmental research and development company that is commercializing technologies for processing organic wastes into hydrogen and high-value carbon products economically and sustainably.
Executives
Strategic Tactical Asset Trading Llc other: Consultant 1926 HOLLYWOOD BLVD, SUITE 210, HOLLYWOOD FL 33020
Shanna Louise Gerrard officer: Corporate Secretary 131 WILDWOOD DR., PRESCOTT AZ 86305
Jon Kd Mandrell director, officer: Secretary 12208 NE 162ND STREET, BOTHELL WA 98011
Linda Robison officer: Corporate Secretary 2659 W. GULF DRIVE, UNIT B-102, SANIBEL FL 33957
Charles H House director 2464 IRON MOUNTAIN DRIVE, PARK CITY UT 84060
Lloyd Spencer director, officer: CEO, Treasurer 18529 NE 184TH STREET, WOODINVILLE WA 98072
John Kroon director 2960 COVE TRACE, CHARLOTTESVILLE VA 22911
Eugene Gartlan officer: Chief Financial Officer 17105 SAN CARLOS BLVD., A6-151, FT. MYERS BEACH FL 33931
Jerry E Horne 10 percent owner 14970 CALEB DRIVE, FT. MYERS FL 33908
Walter Weisel 10 percent owner, officer: CEO 17105 SAN CARLOS BLVD, FORT MYERS BEACH FL 33931
Sheri Aws officer: Vice President 17105 SAN CARLOS BLVD, FORT MYERS BEACH FL 33931
Leroy Johnson officer: CFO 104 SOUTH ADELAIDE, FENTON MI 11430
Craig W Conklin director, 10 percent owner, officer: Chief Operating Officer and VP 6241 TIDEWATER ISLAND CIRCLE, FORT MYERS FL 33908
Gary F Mcnear director, 10 percent owner, officer: Chief Financial Officer and VP 11451 WELLFLEET DRIVE, FORT MYERS FL 33908
Martin Nielson director, 10 percent owner, officer: Chief Executive Officer 101 FIRST STREET, PMB 493, LOS ALTOS CA 94022