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Actelis Networks (Actelis Networks) Net Income : $-6.38 Mil (TTM As of Mar. 2024)


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What is Actelis Networks 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. Actelis Networks's Net Income for the three months ended in Mar. 2024 was $-1.99 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-6.38 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Actelis Networks's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $-0.50.


Actelis Networks Net Income Historical Data

The historical data trend for Actelis Networks'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.

Actelis Networks Net Income Chart

Actelis Networks Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Income
-1.51 -5.25 -10.98 -6.29

Actelis Networks Quarterly Data
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 -1.90 -1.59 -0.87 -1.93 -1.99

Actelis Networks 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

Actelis Networks'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
=-6.286+0+0+0
=-6.29

Actelis Networks'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
=-1.986+0+0+0
=-1.99

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 $-6.38 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.


Actelis Networks  (NAS:ASNS) 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:

Actelis Networks'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.


Actelis Networks Net Income Related Terms

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Actelis Networks (Actelis Networks) Business Description

Traded in Other Exchanges
N/A
Address
4039 Clipper Court, Fremont, CA, USA, 94538
Actelis Networks Inc is a networking solutions company with a mission to enable communication for Internet of Things, or IoT, projects, deployed over wide areas such as cities, campuses, airports, military bases, roads, and rail. Its networking solutions use a combination of newly deployed fiber infrastructure and existing copper and coaxial lines to create a cost-effective, secure, and quick-to-deploy network. Its solutions also offer end-to-end network security to protect critical IoT data, utilizing a powerful combination of coding and encryption technologies, applied as required on both new and existing infrastructure within the hybrid-fiber-copper network.
Executives
Michal Winkler-solomon officer: Vice President Marketing C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Bret Harrison officer: Senior VP Sales, Americas 4039 CLIPPER COURT, FREMONT CA 94538
Tuvia Barlev director, officer: CEO and Chairman of the Board C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Israel Niv director C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Naama Halevi-davidov director C/O KALTURA, INC., 250 PARK AVENUE SOUTH, 10TH FLOOR, NEW YORK NY 10003
Yoav Efron officer: Chief Financial Officer C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Jan Ruderman officer: CRO-Americas C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Yaron Altit officer: EVP Sales Intl. C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Noemi Schmayer director C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Joseph Moscovitz director C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Eyal Aharon officer: Vice President R&D C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Elad Domanovitz officer: Chief Technology Officer C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Hemi Kabir officer: Vice President, Operations C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Bruce Hammergren officer: EVP Sales Americas C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539