RMTO (RM2 International) Net Income: $-24.01 Mil (TTM As of Jun. 2020)

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RMTO RM2 International Inc RMTO
16 GF Score
Price $0.03
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What is RM2 International Net Income?

RM2 International RMTO 16 Net Income is $-24.01 Mil as of Jun. 2020. GuruFocus rates RMTO with a GF Score™ of 16/100.

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. RM2 International's Net Income for the three months ended in Jun. 2020 was $0.00 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2020 was $-24.01 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. RM2 International's Earnings per Share (Diluted) for the three months ended in Jun. 2020 was $0.00.

RM2 International  (OTCPK:RMTO) 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:

RM2 International's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2020 is calculated as

Earnings per Share (Diluted) (Q: Jun. 2020 )=(Net Income-Preferred Dividends)/Shares Outstanding (Diluted Average)
=(0-0)/23.469
=0.00

* 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.

RM2 International Net Income Related Terms

RM2 International Net Income Historical Data

* Premium members only.

The historical data trend for RM2 International'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.

RM2 International Net Income Chart

RM2 International Annual Data
Trend Dec10 Dec11 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.31 -10.20 -13.18 -24.02 -5.29

RM2 International Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Jun20
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 -1.70 -3.54 -6.18 -12.60 0.00
RMTO
16GF Score
RM2 International Inc RMTO
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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RM2 International 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

RM2 International's Net Income for the fiscal year that ended in Jun. 2020 is calculated as

Net Income(A: Jun. 2020 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-5.228+0.138+-0.197+0
=-5.29

RM2 International's Net Income for the quarter that ended in Jun. 2020 is calculated as

Net Income(Q: Jun. 2020 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0+0+0+0
=0.00

Net Income for the trailing twelve months (TTM) ended in Jun. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-24.01 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 $-24.01 Mil mean?
RM2 International (RMTO) has a Net Income of $-24.01 Mil as of Jun. 2020. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on RM2 International and its competitors.
Is RM2 International's Net Income too high?
RM2 International's current Net Income is $-24.01 Mil. Overall, RM2 International has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does RM2 International's Net Income compare to SGBX?
RM2 International's Net Income of $-24.01 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Net Income depends on the Industrial Products 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 RM2 International and its competitors. RM2 International's current Net Income is $-24.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RM2 International stock overvalued right now?
RM2 International (RMTO) has a current Net Income of $-24.01 Mil. The current Net Income is $-24.01 Mil. RM2 International's overall GF Score™ is 16/100. 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 RM2 International (RMTO), the current Net Income is $-24.01 Mil as of Jun. 2020. 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.

RM2 International Business Description

Address 100 East Pine Street, Suite 110, Orlando, FL, USA, 32801
RM2 International Inc is engaged in providing pallet pooling solutions for supply chains through its BLOCKPal composite pallets. The company focuses on durable, hygienic, and automation-compatible pallets designed for high-volume distribution networks, offering solutions that improve load capacity, stability, safety, and operational efficiency across retail and logistics industries.
16GF 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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