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Crossroads Impact (Crossroads Impact) Net Income : $-8.24 Mil (TTM As of Jul. 2022)


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What is Crossroads Impact 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. Crossroads Impact's Net Income for the three months ended in Jul. 2022 was $2.08 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jul. 2022 was $-8.24 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Crossroads Impact's Earnings per Share (Diluted) for the three months ended in Jul. 2022 was $0.20.


Crossroads Impact Net Income Historical Data

The historical data trend for Crossroads Impact'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.

Crossroads Impact Net Income Chart

Crossroads Impact Annual Data
Trend Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct18 Oct19 Oct20 Oct21
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.72 23.84 1.75 3.02 194.77

Crossroads Impact Quarterly Data
Jul16 Oct16 Jan17 Apr17 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
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 126.96 -54.98 40.77 3.89 2.08

Crossroads Impact 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

Crossroads Impact's Net Income for the fiscal year that ended in Oct. 2021 is calculated as

Net Income(A: Oct. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=242.608+-47.21+0+-0.63
=194.77

Crossroads Impact's Net Income for the quarter that ended in Jul. 2022 is calculated as

Net Income(Q: Jul. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0.004+2.23+0+-0.158
=2.08

Net Income for the trailing twelve months (TTM) ended in Jul. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8.24 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.


Crossroads Impact  (OTCPK:CRSS) 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:

Crossroads Impact's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jul. 2022 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.


Crossroads Impact Net Income Related Terms

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Crossroads Impact (Crossroads Impact) Business Description

Traded in Other Exchanges
N/A
Address
4514 Cole Avenue, Suite 1600, Dallas, TX, USA, 75205
Crossroads Impact Corp is a holding company. The company is focused on investing in businesses that promote economic vitality and community development.
Executives
Claire Gogel director C/O SUNEDISON, INC., 13736 RIVERPORT DRIVE, SUITE 180, MARYLAND HEIGHTS MO 63043
210/crds Investment Llc 10 percent owner, other: See Explanation of Responses 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
C Clark Webb director, other: See Explanation of Responses 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Robert H Alpert director, other: See Explanation of Responses 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
210 Capital, Llc other: See Explanation of Responses 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Jeffrey E. Eberwein other: See Footnote 1 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Lone Star Value Investors Lp other: See Footnote 1 53 FOREST AVENUE, 1ST FLOOR, OLD GREENWICH CT 06870
Lone Star Value Investors Gp Llc other: See Footnote 1 53 FOREST AVENUE, 1ST FLOOR, OLD GREENWICH CT 06870
Lone Star Value Co-invest I, Lp other: See Footnote 1 53 FOREST AVENUE, 1ST FLOOR, OLD GREENWICH CT 06870
Lone Star Value Management Llc other: See Footnote 1 53 FOREST AVENUE, 1ST FLOOR, OLD GREENWICH CT 06870
Hannah M. Bible director 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Mark C Hood officer: Executive Vice President C/O CROSSROADS SYSTEMS, INC., 11000 N. MOPAC EXPRESSWAY #150, AUSTIN TX 78759
Galen G Vetter director 500 EAST GRANT STREET, #2011, MINNEAPOLIS MN 55404
Coleman Richard Kenneth Jr. director, officer: Chief Executive Officer 53 FOREST AVE, SUITE 101, OLD GREENWICH CT 06870
Cf Db Ez Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK X1 10105