PSSR (PASSUR Aerospace) Net Income: $-3.22 Mil (TTM As of Jul. 2022)

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PSSR PASSUR Aerospace Inc PSSR
12 GF Score
Price $0.36
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What is PASSUR Aerospace Net Income?

PASSUR Aerospace PSSR 12 Net Income is $-3.22 Mil as of Jul. 2022. GuruFocus rates PSSR with a GF Score™ of 12/100.

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. PASSUR Aerospace's Net Income for the three months ended in Jul. 2022 was $-1.49 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jul. 2022 was $-3.22 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. PASSUR Aerospace's Earnings per Share (Diluted) for the three months ended in Jul. 2022 was $-0.19.


PASSUR Aerospace  (OTCPK:PSSR) 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:

PASSUR Aerospace's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jul. 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.


PASSUR Aerospace Net Income Related Terms


PASSUR Aerospace Net Income Historical Data

* Premium members only.

The historical data trend for PASSUR Aerospace'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.

PASSUR Aerospace Net Income Chart

PASSUR Aerospace Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.52 -5.48 -3.84 -12.30 0.09

PASSUR Aerospace Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
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 -0.06 0.07 -0.43 -1.38 -1.49
PSSR
12GF Score
PASSUR Aerospace Inc PSSR
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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PASSUR Aerospace 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

PASSUR Aerospace's Net Income for the fiscal year that ended in Oct. 2021 is calculated as

Net Income(A: Oct. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0.096+-0.003+0+0
=0.09

PASSUR Aerospace's Net Income for the quarter that ended in Jul. 2022 is calculated as

Net Income(Q: Jul. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.489+0+0+0
=-1.49

Net Income for the trailing twelve months (TTM) ended in Jul. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.22 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 $-3.22 Mil mean?
PASSUR Aerospace (PSSR) has a Net Income of $-3.22 Mil as of Jul. 2022. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on PASSUR Aerospace and its competitors.
Is PASSUR Aerospace's Net Income too high?
PASSUR Aerospace's current Net Income is $-3.22 Mil. Overall, PASSUR Aerospace has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does PASSUR Aerospace's Net Income compare to BANT and HWKE?
PASSUR Aerospace's Net Income of $-3.22 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Net Income depends on the Aerospace & Defense 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 PASSUR Aerospace and its competitors. PASSUR Aerospace's current Net Income is $-3.22 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PASSUR Aerospace stock overvalued right now?
PASSUR Aerospace (PSSR) has a current Net Income of $-3.22 Mil. The current Net Income is $-3.22 Mil. PASSUR Aerospace's overall GF Score™ is 12/100. 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 PASSUR Aerospace (PSSR), the current Net Income is $-3.22 Mil as of Jul. 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.

PASSUR Aerospace Business Description

Address 3452 Lake Lynda Drive, Suite 190, Orlando, FL, USA, 06901
PASSUR Aerospace Inc is engaged in digital operational excellence, providing predictive analytics and decision support technology for the aviation industry, to improve the operational performance and cash flow of airlines and the airports where they operate. The company's information solutions are used at five North American airlines; by airlines in Europe; by more than 60 airport customers (used at the top 30 North American airports); by more than 100 business aviation organizations; and by the US government.
12GF Score

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Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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