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Transportation And Logistics Systems (Transportation And Logistics Systems) Net Income : $-11.08 Mil (TTM As of Sep. 2023)


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What is Transportation And Logistics Systems 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. Transportation And Logistics Systems's Net Income for the three months ended in Sep. 2023 was $-2.67 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was $-11.08 Mil.

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


Transportation And Logistics Systems Net Income Historical Data

The historical data trend for Transportation And Logistics Systems'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.

Transportation And Logistics Systems Net Income Chart

Transportation And Logistics Systems Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.48 -44.86 -42.78 6.26 -8.08

Transportation And Logistics Systems 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 -1.04 -4.29 -1.65 -2.48 -2.67

Transportation And Logistics Systems 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

Transportation And Logistics Systems's Net Income for the fiscal year that ended in Dec. 2022 is calculated as

Net Income(A: Dec. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-8.076+0+0+0
=-8.08

Transportation And Logistics Systems'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
=-2.668+0+0+0
=-2.67

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 $-11.08 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.


Transportation And Logistics Systems  (OTCPK:TLSS) 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:

Transportation And Logistics Systems'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.


Transportation And Logistics Systems Net Income Related Terms

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Transportation And Logistics Systems (Transportation And Logistics Systems) Business Description

Traded in Other Exchanges
N/A
Address
5500 Military Trail, Suite 22-357, Jupiter, FL, USA, 33458
Transportation And Logistics Systems Inc is a United States based company focused on providing integrated transportation management solution. It provides brokerage and logistics services such as transportation scheduling, routing and other value-added services related to the transportation of automobiles and other freight, which involve the use of independent contractor-owned trucks and equipment. The company generates revenue from customers contracting to transport a vehicle from location to location. Tt operates in one operating segment related to its full suite of logistics and transportation services, specializing in last mile deliveries, two-person home and commercial deliveries, mid-mile, and long-haul services.
Executives
Sebastian Giordano director, officer: Chief Executive Officer ONE EAST UWCHLAN AVENUE, SUITE 301, EXTON PA 19341
Newton Norman Francis Jr. director 9208 GRAND SUMMIT BOULEVARD, DRIPPING SPRINGS TX 78620
James Paul Giordano officer: CFO 129 GLENWOOD ROAD, GLENWOOD LANDING NY 11547
Charles F Benton director 600 EAGLEVIEW BOULEVARD, SUITE 300, EXTON PA 19341
Puritan Partners Llc 10 percent owner 369 LEXINGTON AVE. 25TH FLOOR, NEW YORK NY 10017
Reddiamond Partners Llc 10 percent owner 156 WEST SADDLE RIVER ROAD, SADDLE RIVER NJ 07458
Douglas Cerny director, officer: Chief Development Officer 2123 SW 10TH AVENUE, FT. LAUDERDALE FL 33315
John Jr Mercadante director, 10 percent owner, officer: Chief Executive Officer 2700 DONALD ROSS RD., SUITE 100, PALM BEACH GARDENS FL 33410
Steven Yariv director, officer: Chief Executive Officer. 2833 EXCHANGE COURT, SUITE A, WEST PALM BEACH FL 33409
John Jay Barton director, 10 percent owner, officer: CEO 2355 WESTWOOD BLVD., APT. 257, LOS ANGELES CA 90064
Kurt Reinecke officer: Chief Operating Officer 13195 W. AUBURN PL, LAKEWOOD CO 80228
Patrick Garrett director, officer: Chief Executive Officer 6133 SW CORBETT AVENUE, PORTLAND OR 97239
Frederic D Knight director, officer: Chief Executive Officer PO BOX 231599, CENTREVILLE VA 20120
Christopher Aaron Wilson director, officer: Secretary 2 PARK PLAZA #450, IRVINE CA 92614

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