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Kid Castle Educational (Kid Castle Educational) Net Income : $0.50 Mil (TTM As of Dec. 2023)


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What is Kid Castle Educational 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. Kid Castle Educational's Net Income for the three months ended in Dec. 2023 was $-0.17 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $0.50 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Kid Castle Educational's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.01.


Kid Castle Educational Net Income Historical Data

The historical data trend for Kid Castle Educational'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.

Kid Castle Educational Net Income Chart

Kid Castle Educational Annual Data
Trend Dec06 Dec07 Dec08 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.15 -0.08 2.21 0.77 0.50

Kid Castle Educational 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 -1.30 0.28 0.46 -0.08 -0.17

Kid Castle Educational 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

Kid Castle Educational'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
=0.497+0+0+0
=0.50

Kid Castle Educational'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
=-0.171+0+0+0
=-0.17

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 $0.50 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.


Kid Castle Educational  (OTCPK:KDCE) 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:

Kid Castle Educational'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.


Kid Castle Educational Net Income Related Terms

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Kid Castle Educational (Kid Castle Educational) Business Description

Traded in Other Exchanges
N/A
Address
370 Amapola Avenue, Suite 200A, Torrance, CA, USA, 90501
Kid Castle Educational Corp operates and manages a portfolio of real estate properties, digital assets, and other in-demand properties. Kid Castle engages in rollup and consolidation of real estate, Biopharma and digital economy assets and operations.
Executives
Hsiung Wang Ping director 8F. NO.98 MIN CHUAN RD., HSIN TIEN F5 231
Pai Suang-yi director 8TH FLOOR, NO.100, MIN CHUAN ROAD,, HSIEN TIEN, TAIPEI F5 231
Pai Lu Su-mei other: a spouse of Director 8TH FLOOR, NO.100, MIN CHUAN ROAD, HSIEN TIEN, TAIPEI F5 231
Shen Yu-pin other: A SPOUSE OF CEO 8TH FLOOR, NO.100, MIN CHUAN ROAD, HSIEN TIEN, TAIPEI F5 231
Yang Min-tan director 8TH FLOOR, NO.100, MIN CHUAN ROAD, HSIEN TIEN, TAIPEI F5 231
Chin Chen Huang director

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