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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. OMNIQ's Net Income for the three months ended in Dec. 2023 was $-17.75 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-29.43 Mil.
Net Income is linked to the most popular Earnings per Share (Diluted) number. OMNIQ's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-1.66.
The historical data trend for OMNIQ'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.
OMNIQ Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Net Income | Get a 7-Day Free Trial | -5.46 | -11.50 | -13.36 | -13.68 | -29.43 |
OMNIQ 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 | -4.05 | -3.51 | -3.87 | -4.31 | -17.75 |
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
OMNIQ'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 |
= | -30.074 | + | 0.643 | + | 0 | + | 0 |
= | -29.43 |
OMNIQ'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 |
= | -17.887 | + | 0.134 | + | 0 | + | 0 |
= | -17.75 |
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 $-29.43 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.
OMNIQ (NAS:OMQS) 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:
OMNIQ's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as
Earnings per Share (Diluted) (Q: Dec. 2023 ) | = | (Net Income | - | Preferred Dividends) | / | Shares Outstanding (Diluted Average) |
= | (-17.753 | - | 0) | / | 10.676 | |
= | -1.66 |
* 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 businessThe 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.
Thank you for viewing the detailed overview of OMNIQ's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.
Neev Nissenson | director | 42 CARRY WAY, CARSON CITY NV 89521 |
Mina Ayala Teicher | director | 22 VITKIN ST, TEL AVIV L3 63474 |
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Shai Lustgarten | director, officer: Chief Executive Officer | 27, HAMETZUDA STREET, AZOR L3 5800171 |
Jason F Griffith | director, officer: Chief Financial Officer | 2580 ANTHEM VILLAGE DRIVE, HENDERSON NV 89052 |
Carlos Jaime Nissensohn | 10 percent owner | TRAVESA DE PRAIA 128, PRAIA DA LUZ S1 8600 |
Benjamin Kemper | officer: Chief Financial Officer | 1251 S. 1650 W, SYRACUSE UT 84075 |
Andrew J Macmillan | director, officer: Chief Executive Officer | NTS, INC., 5307 W. LOOP 289, LUBBOCK TX 79414 |
Yaron Shalem | director | 5 YISHAYAHU,, AURECH STREET,, TEL AVIV, L3 00000 |
Joseph Trombino | officer: Chief Financial Officer | 860 CONGER STREET, EUGENE OR 97402 |
Gilles Gaudreault | director, officer: Chief Executive Officer | 2580 ANTHEM VILLAGE DR., HENDERSON NV 89052 |
Viascan Group Inc. | 10 percent owner | 8102 TRANSCANADA HWY, ST-LAURENT A8 H751M5 |
Lewis William Austin Iv | director | 201 E 87TH STREET, APT 5H, NEW YORK NY 10128 |
Robert F. Shepard | director | 2580 ANTHEM VILLAGE DRIVE, HENDERSON NV 89052 |
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