GURUFOCUS.COM » STOCK LIST » Technology » Software » CI&T Inc (NYSE:CINT) » Definitions » Net Income

CI&T (CINT) Net Income : $26.5 Mil (TTM As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is CI&T 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. CI&T's Net Income for the three months ended in Dec. 2023 was $-0.8 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $26.5 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. CI&T's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.01.


CI&T Net Income Historical Data

The historical data trend for CI&T'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.

CI&T Net Income Chart

CI&T Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
13.77 24.81 22.27 18.25 27.06

CI&T Quarterly Data
Dec19 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 -0.02 10.06 9.86 7.32 -0.78

CI&T 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

CI&T'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
=42.715+-15.658+0+-3.5527136788005E-15
=27.1

CI&T'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
=7.495+-8.273+0+-4.4408920985006E-16
=-0.8

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 $26.5 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.


CI&T  (NYSE:CINT) 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:

CI&T'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.


CI&T Net Income Related Terms

Thank you for viewing the detailed overview of CI&T's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


CI&T (CINT) Business Description

Traded in Other Exchanges
N/A
Address
Estrada Guiseppina Vianelli De Napoli, 1455, Bl. C Pavimento superior, Campinas, SP, BRA, 13086-530
CI&T Inc is engaged in providing strategy, design, and software engineering services to enable digital transformation for companies. The company mainly develops customizable software through the implementation of several software solutions, including Machine Learning, Artificial Intelligence (AI), Analytics, Cloud, and Mobility technologies. The majority of the revenue is generated from the North America and Europe, followed by Asia, Pacific and Japan.

CI&T (CINT) Headlines

From GuruFocus

Cielo Recognizes CI&T as the "Best Supplier" in the Innovation Category

By Business Wire Business Wire 12-14-2022

CI&T Is One of the Best Companies To Work For in Brazil

By Business Wire Business Wire 10-21-2022

CI&T Acquires Transpire to Enhance its Growth in Australia and APAC

By Business Wire Business Wire 08-17-2022

CI&T Reports Solid Results in 2Q23

By Business Wire 08-18-2023

Carla Trematore Joins CI&T's Board of Directors

By Business Wire Business Wire 08-30-2022

Top 5 2nd Quarter Trades of BANK OF THE WEST

By GuruFocus Research GuruFocus Editor 08-02-2022