SLDC (Solidus Communications) Net Income: $0.81 Mil (TTM As of Nov. 2016)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Solidus Communications Net Income?

Solidus Communications SLDC Net Income is $0.81 Mil as of Nov. 2016.

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. Solidus Communications's Net Income for the six months ended in Nov. 2016 was $0.81 Mil. Its Net Income for the trailing twelve months (TTM) ended in Nov. 2016 was $0.81 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Solidus Communications's Earnings per Share (Diluted) for the six months ended in Nov. 2016 was $0.24.

Solidus Communications  (OTCPK:SLDC) 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:

Solidus Communications's Earnings per Share (Diluted) (EPS) for the quarter that ended in Nov. 2016 is calculated as

Earnings per Share (Diluted) (Q: Nov. 2016 )=(Net Income-Preferred Dividends)/Shares Outstanding (Diluted Average)
=(0.808-0)/3.371
=0.24

* 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.

Solidus Communications Net Income Related Terms

Solidus Communications Net Income Historical Data

* Premium members only.

The historical data trend for Solidus Communications'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.

Solidus Communications Net Income Chart

Solidus Communications Annual Data
Trend Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.13 -2.58 -0.23 -0.66 0.81

Solidus Communications Semi-Annual Data
Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.13 -2.58 -0.23 -0.66 0.81

Solidus Communications 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

Solidus Communications's Net Income for the fiscal year that ended in Nov. 2016 is calculated as

Net Income(A: Nov. 2016 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0.808+0+0+0
=0.81

Solidus Communications's Net Income for the quarter that ended in Nov. 2016 is calculated as

Net Income(Q: Nov. 2016 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0.808+0+0+0
=0.81

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Net Income for the trailing twelve months (TTM) ended in Nov. 2016 was $0.81 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 $0.81 Mil mean?
Solidus Communications (SLDC) has a Net Income of $0.81 Mil as of Nov. 2016. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Solidus Communications and its competitors.
Is Solidus Communications' Net Income too high?
Solidus Communications' current Net Income is $0.81 Mil.
How does Solidus Communications' Net Income compare to HMMR and DTGI?
Solidus Communications' Net Income of $0.81 Mil can be compared against companies in the Telecommunication 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 Telecommunication Services company?
A good Net Income depends on the Telecommunication 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 Solidus Communications and its competitors. Solidus Communications's current Net Income is $0.81 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solidus Communications stock overvalued right now?
Solidus Communications (SLDC) has a current Net Income of $0.81 Mil. The current Net Income is $0.81 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 Solidus Communications (SLDC), the current Net Income is $0.81 Mil as of Nov. 2016. 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.

Solidus Communications Business Description

Address 260 Williamson Boulevard, Unit 731544, Ormond Beach, FL, USA, 32174
Solidus Communications Inc provides Voice over IP, wired and fixed wireless Internet service to home owner communities, and also provides hosting and software design services. The company along with its subsidiaries provides various integrated products and services under the Wireless Florida, WiFIBER, Advanced Satellite Systems, and Air2Land brands to business and residential customers in the United States and internationally. It operates in two segments; Business and Residential. The Company has two subsidiary, Advanced Satellite Systems, Inc., and Illumivation Labs, Inc.