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Lantronix (Lantronix) Net Income : $-6.6 Mil (TTM As of Dec. 2023)


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What is Lantronix 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. Lantronix's Net Income for the three months ended in Dec. 2023 was $-2.6 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-6.6 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Lantronix's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.07.


Lantronix Net Income Historical Data

The historical data trend for Lantronix'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.

Lantronix Net Income Chart

Lantronix Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.41 -10.74 -4.04 -5.36 -8.98

Lantronix Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -3.07 -1.65 -1.89 -2.59 -0.42

Lantronix 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

Lantronix's Net Income for the fiscal year that ended in Jun. 2023 is calculated as

Net Income(A: Jun. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-8.232+-0.748+0+-1.7763568394003E-15
=-9.0

Lantronix'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
=-2.013+-0.58+0+0
=-2.6

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 $-6.6 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.


Lantronix  (NAS:LTRX) 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:

Lantronix'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.


Lantronix Net Income Related Terms

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Lantronix (Lantronix) Business Description

Traded in Other Exchanges
N/A
Address
48 Discovery, Suite 250, Irvine, CA, USA, 92618
Lantronix Inc is a networking company. It provides secure data access and management solutions for the Internet of Things (IoT) and information technology assets. It organizes its products and solutions into three product lines named as IoT Solutions, IoT System Solutions, and Software & Services. Embedded IoT solution segment is the key revenue driver for the company. The company serves a diverse range of markets including healthcare, industrial, security, energy, transportation, and government networking. Its primary geographic markets are the Americas, Europe, the Middle East and Africa, and Asia Pacific Japan. The Americas contribute the vast majority of total revenue.
Executives
Philip G Brace director LSI LOGIC CORP, 1621 BARBER LANE, MILPITAS CA 95035
Eric Bass officer: VP of Engineering 48 DISCOVERY, SUITE 250, IRVINE CA 92618
Hoshi Printer director C/O LANTRONIX, INC., 7535 IRVINE CENTER DRIVE, SUITE 100, IRVINE CA 92518
Paul F Folino director ONE ENTERPRISE, ALISO VIEJO CA 92656
Jason Cohenour director 47669 FREMONT BLVD, FREMONT CA 94538
Phu Hoang director 48 DISCOVERY, SUITE 250, IRVINE CA 92618
Jeremy Whitaker officer: Chief Financial Officer and Co 15353 BARRANCA PARKWAY, IRVINE CA 92618
Paul H Pickle director, officer: President & CEO 200 FLYNN ROAD, CAMARILLO CA 93012
Fathi Hakam officer: Vice President of Engineering 7535 IRVINE CENTER DRIVE, SUITE 100, IRVINE CA 92618
Roger Holliday officer: VP of Worldwide Sales 7535 IRVINE CENTER DRIVE, SUITE 100, IRVINE CA 92618
Heidi Nguyen director C/O LANTRONIX, 7535 IRVINE CENTER DRIVE, SUITE 100, IRVINE CA IRVINE
Bernhard Bruscha director, 10 percent owner LANTRONIX INC, 7535 IRVINE CENTER DRIVE, SUITE 100, IRVINE CA 92618
Hale Martin M Jr director, 10 percent owner
Margaret A Evashenk director EMULEX CORPORATION, 3333 SUSAN STREET, COSTA MESA CA 92626
Kevin Yoder officer: VP of Worldwide Sales 7535 IRVINE CENTER DRIVE, SUITE 100, IRVINE CA 92618