GURUFOCUS.COM » STOCK LIST » Technology » Software » Near Intelligence Inc (OTCPK:NIRLQ) » Definitions » Net Income

NIRLQ (Near Intelligence) Net Income : $-46.12 Mil (TTM As of Jun. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Near Intelligence 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. Near Intelligence's Net Income for the three months ended in Jun. 2023 was $-17.74 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2023 was $-46.12 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Near Intelligence's Earnings per Share (Diluted) for the three months ended in Jun. 2023 was $-0.36.


Near Intelligence Net Income Historical Data

The historical data trend for Near Intelligence'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.

Near Intelligence Net Income Chart

Near Intelligence Annual Data
Trend Dec20 Dec21
Net Income
-24.24 -21.06

Near Intelligence Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23
Net Income Get a 7-Day Free Trial Premium Member Only -3.81 -70.43 -9.22 -19.16 -17.74

Near Intelligence 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

Near Intelligence's Net Income for the fiscal year that ended in Dec. 2021 is calculated as

Net Income(A: Dec. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-20.75+-0.305+0+-0.0010000000000012
=-21.06

Near Intelligence's Net Income for the quarter that ended in Jun. 2023 is calculated as

Net Income(Q: Jun. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-17.541+-0.2+0+-0.0010000000000012
=-17.74

Net Income for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-46.12 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.


Near Intelligence  (OTCPK:NIRLQ) 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:

Near Intelligence's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 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.


Near Intelligence Net Income Related Terms

Thank you for viewing the detailed overview of Near Intelligence's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Near Intelligence Business Description

Traded in Other Exchanges
N/A
Address
100 W Walnut Street, 4th Floor, Pasadena, CA, USA
Near Intelligence Inc is a global, full stack data intelligence software as a service platform that stitches and enriches data on people and places from which its customers can derive actionable intelligence of consumer behavior to help its customers make meaningful decisions.
Executives
Richard J Salute director P O BOX 306, WOODBURY NY 11797
Sherman Iii Edmiston director ONE CITYPLACE DRIVE, SUITE 300, ONE CITYPLACE DRIVE, SUITE 300, ST. LOUIS MO 63141
Kathryn Petralia director TRICOLOR HOLDINGS, INC., 6021 CONNECTION DRIVE, 4TH FLOOR, IRVING TX 75039
Mark N Greene director 901 MARQUETTE AVENUE, SUITE 3200, MINNEAPOLIS MN 55402
Um Legacy Llc 10 percent owner 130 WEST UNION STREET, PASADENA CA 91103
Jpmorgan Chase & Co 10 percent owner 383 MADISON AVENUE, NEW YORK NY 10017
Cecil Capital Pte. Ltd. 10 percent owner 160 ROBINSON ROAD, #20-03, SINGAPORE U0 068914
Shobhit Shukla officer: President 1096 KEELER AVENUE, BERKELEY CA 94708
Gladys Kong officer: COO and Secretary 1096 KEELER AVENUE, BERKELEY CA 94708
Rahul Agarwal officer: Chief Financial Officer 1096 KEELER AVENUE, BERKELEY CA 94708
Anil Mathews director, officer: CEO and Chairman 1096 KEELER AVENUE, BERKELEY CA 94708
Jay Angelo officer: General Counsel 1096 KEELER AVENUE, BERKELEY CA 94708
Sequoia Capital India Iii Ltd. 10 percent owner 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Ronald Steger director 13710 OASIS TERRACE, LAKEWOOD RANCH FL 34202
Blake Ross 10 percent owner 1887 WHITNEY MESA DRIVE, #2070, HENDERSON NV 89014

Near Intelligence Headlines

From GuruFocus

Near and Kauai Say Aloha To Unlocking Greener Island Transportation

By Business Wire Business Wire 04-25-2023