OHCS (Optimus Healthcare Svcs) Net Income: $-7.19 Mil (TTM As of Sep. 2024)

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What is Optimus Healthcare Svcs Net Income?

Optimus Healthcare Svcs OHCS Net Income is $-7.19 Mil as of Sep. 2024.

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. Optimus Healthcare Svcs's Net Income for the three months ended in Sep. 2024 was $-1.81 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was $-7.19 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Optimus Healthcare Svcs's Earnings per Share (Diluted) for the three months ended in Sep. 2024 was $-0.04.


Optimus Healthcare Svcs  (OTCPK:OHCS) 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:

Optimus Healthcare Svcs'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.


Optimus Healthcare Svcs Net Income Related Terms


Optimus Healthcare Svcs Net Income Historical Data

* Premium members only.

The historical data trend for Optimus Healthcare Svcs'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.

Optimus Healthcare Svcs Net Income Chart

Optimus Healthcare Svcs Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec08 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only -1.19 -0.01 -7.75 -10.73 -11.10

Optimus Healthcare Svcs Quarterly Data
Sep03 Mar07 Jun07 Sep07 Mar08 Jun08 Sep08 Dec08 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.78 -3.51 -0.42 -1.45 -1.81

Optimus Healthcare Svcs 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

Optimus Healthcare Svcs'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
=-11.101+-0.002+0+0.0020000000000007
=-11.10

Optimus Healthcare Svcs'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
=-1.807+0+0+0.00099999999999989
=-1.81

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 $-7.19 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 $-7.19 Mil mean?
Optimus Healthcare Svcs (OHCS) has a Net Income of $-7.19 Mil as of Sep. 2024. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Optimus Healthcare Svcs and its competitors.
Is Optimus Healthcare Svcs' Net Income too high?
Optimus Healthcare Svcs' current Net Income is $-7.19 Mil.
How does Optimus Healthcare Svcs' Net Income compare to FOXO and OTRKQ?
Optimus Healthcare Svcs' Net Income of $-7.19 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 Optimus Healthcare Svcs and its competitors. Optimus Healthcare Svcs's current Net Income is $-7.19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Optimus Healthcare Svcs stock overvalued right now?
Optimus Healthcare Svcs (OHCS) has a current Net Income of $-7.19 Mil. The current Net Income is $-7.19 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 Optimus Healthcare Svcs (OHCS), the current Net Income is $-7.19 Mil as of Sep. 2024. 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.

Optimus Healthcare Svcs Business Description

Address 1400 Old Country Road, Suite 306, Westbury, NY, USA, 11590
Optimus Healthcare Svcs Inc focuses on acquiring controlling interests in healthcare-related businesses. The company is dedicated to advancing access to clinical trial research and simplifying access to vaccines and pharmaceutical products. It currently operates through its portfolio companies, Clinical Research Alliance, Inc. (CRA), and Worker's Health Rx (d/b/a "Vitality Rx"). The vision is to grow by acquiring controlling interests in healthcare-related businesses with products and services that improve healthcare access and outcomes. Optimus aims to empower physicians and patients with information and tools for informed healthcare decisions.