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Metalert (Metalert) Net Income : $-1.19 Mil (TTM As of Dec. 2023)


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What is Metalert 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. Metalert's Net Income for the three months ended in Dec. 2023 was $-0.30 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-1.19 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Metalert's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.01.


Metalert Net Income Historical Data

The historical data trend for Metalert'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.

Metalert Net Income Chart

Metalert Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.59 -0.37 -1.20 -1.50 -1.19

Metalert Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.78 -0.25 -0.21 -0.43 -0.30

Metalert 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

Metalert'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
=-1.19+0+0+0
=-1.19

Metalert'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
=-0.303+0+0+0
=-0.30

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 $-1.19 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.


Metalert  (OTCPK:MLRT) 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:

Metalert'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.


Metalert Net Income Related Terms

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Metalert (Metalert) Business Description

Traded in Other Exchanges
N/A
Address
117 West 9th Street, Suite 1214, Los Angeles, CA, USA, 90015
Metalert Inc along with its subsidiaries, is engaged in the designing, development, manufacturing, distribution, and sales of products and services in the GPS and BLE wearable technology personal location and wandering assistive technology business. Its Products and services include GPS SmartSole, Take-Along Tracker 4G, Track My Workforce, Sole Protector for GPS Smart sole, Take-Along Friends & the Invisabelt, Protective Medical devices & supplies, and VeriTap. The company generates revenue from product sales, recurring subscriptions, software, and intellectual property (IP) licensing, fees for custom hardware and software development, professional consulting, and support & maintenance services.
Executives
Louis Martin Rosenbaum director 117 W. 9TH STREET, #1214, LOS ANGELES CA 90024
Alex Grimes Mckean officer: Interim CFO 1525 MONTANA AVENUE #C, SANTA MONICA CA 90403
Williams H Murray officer: Chief Financial Officer 28426 RANCHO GRANDE, LAGUNA NIGUEL CA 92677
Patrick Aroff director 117 W. 9TH STREET, #1214, LOS ANGELES CA 90015
Andrew Hamish Duncan director 117 W 9TH STREET #1214, LOS ANGELES CA 90015
Gregory Jeremiah Provenzano director 117 W 9TH STREET #1214, LOS ANGELES CA 90015
Multi Media Technology Ventures, Ltd. 10 percent owner 668 N. COAST HWY, STE 191, LAGUNA BEACH CA 92651
Christopher M Walsh officer: Chief Operations Officer 117 W. 9TH STREET, #1214, LOS ANGELES CA 90015
Patrick Bertagna director, officer: President, CEO 117 W. 9TH STREET, #1214, LOS ANGELES CA 90015
Jeff Sharpe director, 10 percent owner, officer: President,Secretary,Treasurer 6348 49TH AVENUE, LADNER A1 V4K 5A1