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Micube Solution (XKRX:373170) Net Income : ₩2,382 Mil (TTM As of Mar. 2024)


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What is Micube Solution 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. Micube Solution's Net Income for the three months ended in Mar. 2024 was ₩306 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was ₩2,382 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Micube Solution's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was ₩60.78.


Micube Solution Net Income Historical Data

The historical data trend for Micube Solution'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.

Micube Solution Net Income Chart

Micube Solution Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Income
-1,325.73 498.98 2,789.88 2,498.54

Micube Solution Quarterly Data
Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Net Income Get a 7-Day Free Trial 691.47 404.34 653.91 1,422.06 306.20

Micube Solution 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

Micube Solution's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=2458.093+40.449+0+0.0010000000002037
=2,499

Micube Solution's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=306.203+0+0+0
=306

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩2,382 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.


Micube Solution  (XKRX:373170) 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:

Micube Solution's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 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.


Micube Solution Net Income Related Terms

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Micube Solution (XKRX:373170) Business Description

Traded in Other Exchanges
N/A
Address
23 Hyoryeong-ro 55-gil, Dongsan Building, 2-5th Floor, Seoul, KOR
Micube Solution Inc is a software company. It provides total solutions across all IT services, from consulting for the realization of manufacturing intelligence to system linkage/integration and operation services.

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