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Spectral Capital (Spectral Capital) Net Income : $-0.22 Mil (TTM As of Dec. 2023)


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What is Spectral Capital 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. Spectral Capital's Net Income for the three months ended in Dec. 2023 was $-0.04 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.22 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Spectral Capital's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.00.


Spectral Capital Net Income Historical Data

The historical data trend for Spectral Capital'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.

Spectral Capital Net Income Chart

Spectral Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.18 -0.17 -0.17 -0.24 -0.22

Spectral Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.06 -0.06 -0.06 -0.05 -0.04

Spectral Capital 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

Spectral Capital'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
=-0.215+0+0+0
=-0.22

Spectral Capital's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.042+0+0+0
=-0.04

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.22 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.


Spectral Capital  (OTCPK:FCCN) 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:

Spectral Capital's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 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.


Spectral Capital Net Income Related Terms

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Spectral Capital (Spectral Capital) Business Description

Traded in Other Exchanges
N/A
Address
4500 9th Avenue NE, Seattle, WA, USA, 98105
Spectral Capital Corp is engaged in the identification, acquisition, development, and financing of technologies. The company seeks for technology that can be protected by patents or laws regarding trade secrets. Its portfolio includes two technology companies namely Noot and Monitr. Noot is a mobile technology that utilizes proprietary search engine technology for mobile devices which helps to find news, social media, photos and videos of interest. Monitr is a technology and financial data services company. It leverages cloud computing, big data, and software to analyze the financial markets. In addition, it also specializes in the analysis of news, opinion and social media to determine the aggregate sentiment and trends of equities, commodities, and currencies across different countries.
Executives
Stephen Spalding director, officer: CFO PO BOX 1148, ZEPHYR COVE NV 89449-1148
Trafalgar Wealth Management Ltd. 10 percent owner OBERDORFSTRASSE 2, ZURICH V8 CH8001
Jenifer Lyn Osterwalder director, 10 percent owner, officer: President/CEO 1055 HOMER STREET, VANCOUVER A1 V6B 1G3
Alexander Khersonski director 8110 OAK STREET, VANCOUVER A1 V6P 4A7
Maria C Maz 10 percent owner 2829 BIRD AVENUE, SUITE 12, MIAMI FL 33133

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