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Duo World (Duo World) Net Income : $-0.15 Mil (TTM As of Sep. 2023)


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What is Duo World 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. Duo World's Net Income for the three months ended in Sep. 2023 was $-0.03 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.15 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Duo World's Earnings per Share (Diluted) for the three months ended in Sep. 2023 was $-0.00.


Duo World Net Income Historical Data

The historical data trend for Duo World'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.

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Duo World Net Income Chart

Duo World Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Income
Get a 7-Day Free Trial -1.32 -0.37 -0.53 -0.33 0.67

Duo World Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.77 -0.05 -0.04 -0.03 -0.03

Duo World 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

Duo World's Net Income for the fiscal year that ended in Mar. 2023 is calculated as

Net Income(A: Mar. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0.661+0+0+0.006
=0.67

Duo World's Net Income for the quarter that ended in Sep. 2023 is calculated as

Net Income(Q: Sep. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.03+0+0+-0.001
=-0.03

Net Income for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.15 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.


Duo World  (OTCPK:DUUO) 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:

Duo World's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 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.


Duo World Net Income Related Terms

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Duo World (Duo World) Business Description

Traded in Other Exchanges
N/A
Address
c/o Duo Software (Pvt.) Ltd, No. 6, Charles Terrace, Off Alfred Place, Colombo, LKA, 03
Duo World Inc is an information technology and software solutions company. Its products include FaceTone, cloud communications and collaborations platform that is offered through public and private cloud and on-site implementations as per business preferences. The Company recognizes revenue from the sale of software licenses and related services. Its application (Duo Subscribe, Duo Contact, DigIn, FaceTone, CloudCharge, and SmoothFlow) provide solutions in the space of Data Analytics, Customer Life Cycle Management, Subscriber Billing and Work Flow.
Executives
Muhunthan Canagasooryam director, 10 percent owner, officer: President, CEO LEVEL 6, NO- 403, GALLE ROAD, COLOMBO F1 00300
Mahmud Riad Ameen director, officer: Legal Director LEVEL 6, NO- 403, GALLE ROAD, COLOMBO F1 00300
Perera Suzannah Jennifer Samuel director, officer: Chief Financial Officer LEVEL 6, NO- 403, GALLE ROAD, COLOMBO F1 00300