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KITT (Nauticus Robotics) Net Income : $-55.86 Mil (TTM As of Sep. 2024)


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What is Nauticus Robotics 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. Nauticus Robotics's Net Income for the three months ended in Sep. 2024 was $-11.36 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was $-55.86 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Nauticus Robotics's Earnings per Share (Diluted) for the three months ended in Sep. 2024 was $-4.24.


Nauticus Robotics Net Income Historical Data

The historical data trend for Nauticus Robotics'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.

Nauticus Robotics Net Income Chart

Nauticus Robotics Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Income
-7.19 -15.13 -28.26 -50.69

Nauticus Robotics Quarterly Data
Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -17.68 -39.54 0.41 -5.37 -11.36

Nauticus Robotics 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

Nauticus Robotics'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
=-50.687+0+0+0
=-50.69

Nauticus Robotics'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
=-11.357+0+0+0
=-11.36

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 $-55.86 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.


Nauticus Robotics  (NAS:KITT) 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:

Nauticus Robotics's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2024 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.


Nauticus Robotics Net Income Related Terms

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Nauticus Robotics Business Description

Traded in Other Exchanges
N/A
Address
17146 Feathercraft Lane, Suite 450, Webster, TX, USA, 77598
Nauticus Robotics Inc develops autonomous robots for the ocean industries. The company's business model includes using robotic systems for service, selling vehicles and components, and licensing of related software to both the commercial and defense business sectors. Nauticus' services provide customers with the necessary data collection, analytics, and subsea manipulation capabilities to support and maintain assets while reducing their operational footprint, operating cost, and greenhouse gas emissions, to improve offshore health, safety, and environmental exposure.
Executives
Gibson John W Jr director, officer: President 10603 W. SAM HOUSTON PKWY N., SUITE 300, HOUSTON TX 77064
William Flores director 25 BEACON HILL, SUGAR LAND TX 77479
Nicolaus Radford director, officer: Chief Executive Officer C/O NAUTICUS ROBOTICS, INC., 17146 FEATHER CRAFT LN #450, WEBSTER TX 77598
Donnelly A. Bohan officer: Chief Operating Officer C/O NAUTICUS ROBOTICS, INC., 17146 FEATHER CRAFT LN #450, WEBSTER TX 77598
John Yamokoski officer: Chief Technology Officer C/O NAUTICUS ROBOTICS, INC., 17146 FEATHER CRAFT LN #450, WEBSTER TX 77598
Nicholas J. Bigney officer: General Counsel 15710 ELKINS CREEK COURT, HOUSTON TX 77044
Lisa J. Porter director C/O NAUTICUS ROBOTICS, INC., 17146 FEATHER CRAFT LN #450, WEBSTER TX 77598
Transocean Inc 10 percent owner 4 GREENWAY PLAZA, HOUSTON TX 77046
Tommy W Matura officer: Vice President of Accounting 101 COURAGEOUS DRIVE, LEAGUE CITY TX 77573
Transocean Ltd. 10 percent owner TURMSTRASSE 30, STEINHAUSEN V8 6312
Dilshad Kasmani officer: Chief LAO C/O NAUTICUS ROBOTICS, INC., 17146 FEATHER CRAFT LN #450, WEBSTER TX 77598
B.v. Schlumberger 10 percent owner 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Schlumberger Holdings Corp 10 percent owner 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Schlumberger Technology Corp 10 percent owner 300 SCHLUMBERGER DRIVE, MD 23, SUGAR LAND TX 77478
Limited/nv Schlumberger 10 percent owner 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056