KIARF (Kiaro Holdings) Net Income: $-12.14 Mil (TTM As of Oct. 2022)

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What is Kiaro Holdings Net Income?

Kiaro Holdings KIARF Net Income is $-12.14 Mil as of Oct. 2022.

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. Kiaro Holdings's Net Income for the three months ended in Oct. 2022 was $-4.72 Mil. Its Net Income for the trailing twelve months (TTM) ended in Oct. 2022 was $-12.14 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Kiaro Holdings's Earnings per Share (Diluted) for the three months ended in Oct. 2022 was $-0.17.


Kiaro Holdings  (OTCPK:KIARF) 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:

Kiaro Holdings's Earnings per Share (Diluted) (EPS) for the quarter that ended in Oct. 2022 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.


Kiaro Holdings Net Income Related Terms


Kiaro Holdings Net Income Historical Data

* Premium members only.

The historical data trend for Kiaro Holdings'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.

Kiaro Holdings Net Income Chart

Kiaro Holdings Annual Data
Trend Jan21 Jan22
Net Income
-7.34 -7.28

Kiaro Holdings Quarterly Data
Jul19 Oct19 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.87 -4.81 -1.48 -1.14 -4.72

Kiaro Holdings 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

Kiaro Holdings's Net Income for the fiscal year that ended in Jan. 2022 is calculated as

Net Income(A: Jan. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-7.71+0.429+0+-0.0010000000000003
=-7.28

Kiaro Holdings's Net Income for the quarter that ended in Oct. 2022 is calculated as

Net Income(Q: Oct. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-5.053+0+0.337+0
=-4.72

Net Income for the trailing twelve months (TTM) ended in Oct. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-12.14 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 $-12.14 Mil mean?
Kiaro Holdings (KIARF) has a Net Income of $-12.14 Mil as of Oct. 2022. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Kiaro Holdings and its competitors.
Is Kiaro Holdings' Net Income too high?
Kiaro Holdings' current Net Income is $-12.14 Mil.
How does Kiaro Holdings' Net Income compare to WBA?
Kiaro Holdings' Net Income of $-12.14 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Net Income depends on the Healthcare Providers & Services 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 Kiaro Holdings and its competitors. Kiaro Holdings's current Net Income is $-12.14 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kiaro Holdings stock overvalued right now?
Kiaro Holdings (KIARF) has a current Net Income of $-12.14 Mil. The current Net Income is $-12.14 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 Kiaro Holdings (KIARF), the current Net Income is $-12.14 Mil as of Oct. 2022. 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.

Kiaro Holdings Business Description

Address 300 - 110 E Cordova Street, Vancouver, BC, CAN, V6A 1K9
Kiaro Holdings Corp is engaged in the cannabis business. The company's operating segments are wholesale cannabis business and retail cannabis stores. It generates a majority of its revenue from the retail cannabis business segment.