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CreditRiskMonitor.com (CreditRiskMonitor.com) Net Income : $1.70 Mil (TTM As of Dec. 2023)


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What is CreditRiskMonitor.com 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. CreditRiskMonitor.com's Net Income for the three months ended in Dec. 2023 was $0.59 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $1.70 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. CreditRiskMonitor.com's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.05.


CreditRiskMonitor.com Net Income Historical Data

The historical data trend for CreditRiskMonitor.com'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.

CreditRiskMonitor.com Net Income Chart

CreditRiskMonitor.com Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 -0.05 3.36 1.36 1.70

CreditRiskMonitor.com Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.51 0.28 0.45 0.38 0.59

CreditRiskMonitor.com 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

CreditRiskMonitor.com'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
=2.207+-0.512+0+2.2204460492503E-16
=1.70

CreditRiskMonitor.com's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0.765+-0.175+0+-1.1102230246252E-16
=0.59

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.70 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.


CreditRiskMonitor.com  (OTCPK:CRMZ) 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:

CreditRiskMonitor.com's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 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.


CreditRiskMonitor.com Net Income Related Terms

Thank you for viewing the detailed overview of CreditRiskMonitor.com's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


CreditRiskMonitor.com (CreditRiskMonitor.com) Business Description

Traded in Other Exchanges
N/A
Address
704 Executive Boulevard, Suite A, Valley Cottage, NY, USA, 10989
CreditRiskMonitor.com Inc is engaged in the provision of business-to-business Internet-based services for credit and supply chain and financial professionals. The services include financial risk analysis and news service. It provides its services to entities based in the United States. In addition, it is also involved in the re-distribution of international credit reports in the United States.
Executives
Lisa A. Reisman director 704 EXECUTIVE BLVD., SUITE A, VALLEY COTTAGE NY 10989-2023
Brigitte W. Muehlmann director 704 EXECUTIVE BLVD., SUITE A, VALLEY COTTAGE NY 10989-2023
Richard A Lippe director 9 NOME DRIVE, WOODBURY NY 11797
Michael Ilan Flum officer: SR. VICE PRESIDENT & COO 704 EXECUTIVE BLVD SUITE A, VALLEY COTTAGE NY 10989
William B Danner officer: Chief Operating Officer 704 EXECUTIVE BLVD., VALLEY COTTAGE NY 10989
Lawrence Fensterstock officer: Snr. VP, CFO and Secretary 704 EXECUTIVE BOULEVARD, SUITE A, VALLEY COTTAGE NY 10989
Joshua Matthew Flum director 704 EXECUTIVE BOULEVARD, VALLEY COTTAGE NY 10989
Andrew Joseph Melnick director 704 EXECUTIVE BOULEVARD, VALLEY COTTAGE NY 10989
Jeffrey S Geisenheimer director 704 EXECUTIVE BOULEVARD, VALLEY COTTAGE NY 10989
Richard Joseph James director 704 EXECUTIVE BOULEVARD, SUITE A, VALLEY COTTAGE NY 10989
Leslie Charm director 704 EXECUTIVE BOULEVARD, SUITE A, VALLEY COTTAGE NY 10989
Jerome S Flum director, 10 percent owner, officer: COB, CEO & President 110 JERICHO TURNPIKE, SUITE 202, FLORAL PARK NY 11001
Partners Flum 10 percent owner 704 EXECUTIVE BOULEVARD, SUITE A, VALLEY COTTAGE NY 10989

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