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World Of Wireless International Telecom (World Of Wireless International Telecom) Net Income : $-1.21 Mil (TTM As of Dec. 2011)


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What is World Of Wireless International Telecom 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. World Of Wireless International Telecom's Net Income for the six months ended in Dec. 2011 was $-1.21 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2011 was $-1.21 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. World Of Wireless International Telecom's Earnings per Share (Diluted) for the six months ended in Dec. 2011 was $-0.02.


World Of Wireless International Telecom Net Income Historical Data

The historical data trend for World Of Wireless International Telecom'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.

World Of Wireless International Telecom Net Income Chart

World Of Wireless International Telecom Annual Data
Trend Dec10 Dec11
Net Income
- -1.21

World Of Wireless International Telecom Semi-Annual Data
Dec10 Dec11
Net Income - -1.21

World Of Wireless International Telecom 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

World Of Wireless International Telecom's Net Income for the fiscal year that ended in Dec. 2011 is calculated as

Net Income(A: Dec. 2011 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.205+0+0+0
=-1.21

World Of Wireless International Telecom's Net Income for the quarter that ended in Dec. 2011 is calculated as

Net Income(Q: Dec. 2011 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.205+0+0+0
=-1.21

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Net Income for the trailing twelve months (TTM) ended in Dec. 2011 was $-1.21 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.


World Of Wireless International Telecom  (OTCPK:WWII) 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:

World Of Wireless International Telecom's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2011 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.


World Of Wireless International Telecom Net Income Related Terms

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World Of Wireless International Telecom (World Of Wireless International Telecom) Business Description

Traded in Other Exchanges
N/A
Address
65 Enterprise, Aliso Viejo, CA, USA, 92656
World Of Wireless International Telecom Inc engages in the wireless communications industry. The company focuses on prepaid unlimited wifi softphone services for voice, text, data and streaming with or without dedicated connection to a Hot Spot or wifi network, development, and release of new applications for broad market appeal globally after the proprietary app is released, the company offers white-label services for third-party networks to build their own applications and operate through the company's network available, municipal wireless implementation in the United States.

World Of Wireless International Telecom (World Of Wireless International Telecom) Headlines

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