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Decentral Life (Decentral Life) Net Income : $0.07 Mil (TTM As of Sep. 2023)


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What is Decentral Life 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. Decentral Life's Net Income for the three months ended in Sep. 2023 was $-0.09 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was $0.07 Mil.

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


Decentral Life Net Income Historical Data

The historical data trend for Decentral Life'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.

Decentral Life Net Income Chart

Decentral Life Annual Data
Trend Aug06 Aug07 Aug08 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.64 -3.34 -0.20 -2.12 0.73

Decentral Life 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 0.49 0.23 -0.05 -0.02 -0.09

Decentral Life 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

Decentral Life'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
=0.727+0+0+0
=0.73

Decentral Life'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
=-0.087+0+0+0
=-0.09

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 $0.07 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.


Decentral Life  (OTCPK:WDLF) 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:

Decentral Life'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.


Decentral Life Net Income Related Terms

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Decentral Life (Decentral Life) Business Description

Traded in Other Exchanges
N/A
Address
6400 S. Fiddlers Green Circle, Greenwood Village, CO, USA, 80111
Decentral Life Inc is a SaaS company providing blockchain and AI technology through license agreements, with a division of the company, Social Life Network, that operates a Technology Business Incubator (TBI) that provides tech start-ups with executive leadership and consulting, making it easier for start-up founders to focus on raising capital, perfecting their business model, and growing their customer base and usership. The Company's seed technology is an artificial intelligence powered social network and Ecommerce platform that leverages blockchain technology to increase speed, security and accuracy on the niche social networks that it licenses to the companies in its TBI.
Executives
Mark Disiena officer: CFO & CAO 6835 VALJEAN AVENUE, VAN NUYS CA 91406
Vincent Keber director 1624 MARKET STREET, SUITE 201, DENVER CO 80202
Leslie Bocskor director 1900 WALDMAN AVE., LAS VEGAS NV 89102
Douglas Scott Karnedy director, officer: Chief Operating Officer 39 COVE STREET, GOFFSTOWN NH 03045
Ken S Tapp director, 10 percent owner, officer: CEO 8100 E. UNION AVE., STE 1809, DENVER CO 80237
Somerset Private Fund Ltd 10 percent owner 387 CORONOA ST STE 555, DENVER CO 80218
Andrew Rodosevich director, officer: CFO and Director 8100 EAST UNION AVE #1809, DENVER CO 80237
Kagel Family Trust 10 percent owner 1801 CENTURY PARK EAST, SUITE 2500, LOS ANGELES CA 90061
Richard L Songer director, 10 percent owner, officer: ______________ 207 W 138TH ST, LOS ANGELES CA 90061
Judith A Songer director, 10 percent owner, officer: ______________________ 207 W 138TH ST, LOS ANGELES CA 90061
Lori J Heskett director, 10 percent owner, officer: __________________ 207 W 138TH ST, LOS ANGELES CA 90061