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Seers Technology Co (XKRX:458870) Net Income : ₩-11,603 Mil (TTM As of Sep. 2024)


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What is Seers Technology 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. Seers Technology Co's Net Income for the three months ended in Sep. 2024 was ₩-3,453 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was ₩-11,603 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Seers Technology Co's Earnings per Share (Diluted) for the three months ended in Sep. 2024 was ₩-278.00.


Seers Technology Co Net Income Historical Data

The historical data trend for Seers Technology 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.

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Seers Technology Co Net Income Chart

Seers Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
-1,930.62 -3,355.22 -4,430.56 -7,988.28 -9,916.95

Seers Technology Co Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Income Get a 7-Day Free Trial -2,785.56 -2,450.32 -2,684.77 -3,014.73 -3,452.74

Seers Technology 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

Seers Technology Co'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
=-9916.946+0+0+0
=-9,917

Seers Technology Co's Net Income for the quarter that ended in Sep. 2024 is calculated as

Net Income(Q: Sep. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-3452.738+0+0+0
=-3,453

Net Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-11,603 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.


Seers Technology Co  (XKRX:458870) 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:

Seers Technology Co's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 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.


Seers Technology Co Net Income Related Terms

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Seers Technology Co Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
291-13, Dongbu-daero, Jinwi-myeon, Gyeonggi-do, Pyeongtaek-si, KOR
Seers Technology Co Ltd is a Company that provides diagnostic support services such as mobicare and patient monitoring service thync to domestic and foreign medical institutions based on IoMT (Internet of Medical Things) platform technology using bio-signal analysis artificial intelligence algorithms and wearable medical devices. Its main technology products, which utilize bio-signal analysis AI algorithms and wearable medical device-based platform technology, are diagnostic support solutions that can be used for disease diagnosis and prognosis management and provide feedback by monitoring and analyzing patients' bio-signals in real time. It is a patient monitoring solution and provides fee-based diagnostic monitoring services using certified medical devices.

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