SING (SinglePoint) Net Income: $-28.93 Mil (TTM As of Dec. 2024)

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SING SinglePoint Inc SING
12 GF Score
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What is SinglePoint Net Income?

SinglePoint SING 12 Net Income is $-28.93 Mil as of Dec. 2024. GuruFocus rates SING 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. SinglePoint's Net Income for the three months ended in Dec. 2024 was $-11.68 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was $-28.93 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. SinglePoint's Earnings per Share (Diluted) for the three months ended in Dec. 2024 was $-0.29.


SinglePoint  (OTCPK:SING) 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:

SinglePoint's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 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.


SinglePoint Net Income Related Terms


SinglePoint Net Income Historical Data

* Premium members only.

The historical data trend for SinglePoint'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.

SinglePoint Net Income Chart

SinglePoint Annual Data
Trend Oct08 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.03 -5.37 -8.85 -18.19 -28.93

SinglePoint Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -6.91 -2.86 -9.88 -4.51 -11.68
SING
12GF Score
SinglePoint Inc SING
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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SinglePoint 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

SinglePoint's Net Income for the fiscal year that ended in Dec. 2024 is calculated as

Net Income(A: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-28.934+0+0+0
=-28.93

SinglePoint's Net Income for the quarter that ended in Dec. 2024 is calculated as

Net Income(Q: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-11.68+0+0+-0.00099999999999945
=-11.68

Net Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-28.93 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 $-28.93 Mil mean?
SinglePoint (SING) has a Net Income of $-28.93 Mil as of Dec. 2024. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on SinglePoint and its competitors.
Is SinglePoint's Net Income too high?
SinglePoint's current Net Income is $-28.93 Mil. Overall, SinglePoint has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does SinglePoint's Net Income compare to VSTTF and NOVAQ?
SinglePoint's Net Income of $-28.93 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Net Income depends on the Semiconductors 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 SinglePoint and its competitors. SinglePoint's current Net Income is $-28.93 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SinglePoint stock overvalued right now?
SinglePoint (SING) has a current Net Income of $-28.93 Mil. The current Net Income is $-28.93 Mil. SinglePoint'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 SinglePoint (SING), the current Net Income is $-28.93 Mil as of Dec. 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.

SinglePoint Business Description

Address 3104 East Camelback Road, Suite 2137, Phoenix, AZ, USA, 85016
SinglePoint Inc is a renewable and sustainable solution company focused on solar power and indoor air purification. Its primary focus is sustainability by providing an integrated solar energy solution for the customers and clean environment solutions through its air purification business. The company's subsidiary, BOX Pure Air, is engaged in the Indoor Air Quality sector, addressing the need for air purification in schools and offices. The company is exploring future acquisition and growth opportunities in energy storage, electric vehicle charging, solar as a subscription service, and additional energy-efficient appliances that enhance sustainability.
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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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