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Technology Solutions Co (Technology Solutions Co) Net Income : $-0.41 Mil (TTM As of Dec. 2008)


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What is Technology Solutions Co Net Income?

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. Technology Solutions Co's Net Income for the three months ended in Dec. 2008 was $-1.14 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2008 was $-0.41 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Technology Solutions Co's Earnings per Share (Diluted) for the three months ended in Dec. 2008 was $-0.44.


Technology Solutions Co Net Income Historical Data

The historical data trend for Technology Solutions Co'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.

* Premium members only.

Technology Solutions Co Net Income Chart

Technology Solutions Co Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.55 -17.41 -8.83 -8.30 -0.41

Technology Solutions Co Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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 -0.30 0.13 1.51 -0.90 -1.14

Technology Solutions Co 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

Technology Solutions Co's Net Income for the fiscal year that ended in Dec. 2008 is calculated as

Net Income(A: Dec. 2008 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.919+0+1.513+1.1102230246252E-16
=-0.41

Technology Solutions Co's Net Income for the quarter that ended in Dec. 2008 is calculated as

Net Income(Q: Dec. 2008 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.7+0+-0.444+0
=-1.14

Net Income for the trailing twelve months (TTM) ended in Dec. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.41 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.


Technology Solutions Co  (OTCPK:TSCC) 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:

Technology Solutions Co's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2008 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.


Technology Solutions Co Net Income Related Terms

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Technology Solutions Co (Technology Solutions Co) Business Description

Traded in Other Exchanges
N/A
Address
55 East Monroe street, Suite 2600, Chicago, IL, USA, 60603
Website
Technology Solutions Co provides business-consulting services across a broad range of industries and areas of expertise. The company provides business strategy and assessment services.
Executives
Miller Lloyd I Iii 10 percent owner
Gerald Luterman director 70 VALLEY STREAM PARKWAY, MALVERN PA 19355
John R Purcell director 14155 US HIGHWAY #310, JUNO BEACH FL 33408-1431
Stephen B Oresman director 49 SUNSWYCK ROAD, DARIEN CT 06820
William H Waltrip director, officer: Former Chairman 901 GATEWAY BLVD, SOUTH SAN FRANCISCO CA 94080

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