WWII (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?

World Of Wireless International Telecom WWII Net Income is $-1.21 Mil as of Dec. 2011.

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  (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

Earnings per Share (Diluted) (Q: Dec. 2011 )=(Net Income-Preferred Dividends)/Shares Outstanding (Diluted Average)
=(-1.205-0)/56.860
=-0.02

* 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

World Of Wireless International Telecom Net Income Historical Data

* Premium members only.

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.

World Of Wireless International Telecom Net Income Chart

World Of Wireless International Telecom Annual Data
Trend Dec10 Dec11
Net Income
0.00 -1.21

World Of Wireless International Telecom Semi-Annual Data
Dec10 Dec11
Net Income 0.00 -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.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of $-1.21 Mil mean?
World Of Wireless International Telecom (WWII) has a Net Income of $-1.21 Mil as of Dec. 2011. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on World Of Wireless International Telecom and its competitors.
Is World Of Wireless International Telecom's Net Income too high?
World Of Wireless International Telecom's current Net Income is $-1.21 Mil.
How does World Of Wireless International Telecom's Net Income compare to FULO and DTGI?
World Of Wireless International Telecom's Net Income of $-1.21 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 World Of Wireless International Telecom and its competitors. World Of Wireless International Telecom's current Net Income is $-1.21 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is World Of Wireless International Telecom stock overvalued right now?
World Of Wireless International Telecom (WWII) has a current Net Income of $-1.21 Mil. The current Net Income is $-1.21 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 World Of Wireless International Telecom (WWII), the current Net Income is $-1.21 Mil as of Dec. 2011. 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.

World Of Wireless International Telecom Business Description

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 a 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 applications and operate through the company's network available, municipal wireless implementation in the United States.