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Bexil (BXLC) Net Income : $0.03 Mil (TTM As of Sep. 2023)


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What is Bexil 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. Bexil'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 $0.03 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Bexil's Earnings per Share (Diluted) for the three months ended in Sep. 2023 was $0.04.


Bexil Net Income Historical Data

The historical data trend for Bexil'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.

Bexil Net Income Chart

Bexil Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Net Income
Get a 7-Day Free Trial 0.26 0.26 -0.60 -1.45 -1.21

Bexil Quarterly Data
Sep07 Dec07 Mar08 Jun08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Sep22 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 -0.36 -0.42 -0.77 -0.61 0.03

Bexil 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

Bexil's Net Income for the fiscal year that ended in Dec. 2011 is calculated as

Net Income(A: Dec. 2011 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.902+0.433+0+0.257
=-1.21

Bexil'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
=-0.149+0.18+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 $0.03 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.


Bexil  (OTCPK:BXLC) 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:

Bexil'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.


Bexil Net Income Related Terms

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Bexil (BXLC) Business Description

Traded in Other Exchanges
N/A
Address
2255 Buffalo Road, Rochester, NY, USA, 12545
Bexil Corporation is a United States firm engaged through a wholly-owned subsidiary, Bexil Advisers LLC, in investment management. Bexil Advisers is a registered investment adviser and the investment manager to Dividend and Income Fund, a closed-end fund.
Executives
Mark Campbell Winmill 10 percent owner 3814 ROUTE 44, MILLBROOK NY 12545
John F Ramirez officer: Chief Compliance Officer 11 HANOVER SQUARE, 12TH FLOOR, NEW YORK NY 10005
Thomas Omalley officer: Chief Financial Officer 3814 ROUTE 44, MILLBROOK NY 12545
Bexil Corp officer: Chief Financial Officer 2255 BUFFALO ROAD, ROCHESTER NY 14624
Thomas Bassett Winmill director, 10 percent owner, officer: President P.O. BOX 4, WALPOLE NH 03608
Bassett Starr Winmill director, 10 percent owner, officer: Executive Chairman 11 HANOVER SQUARE, NEW YORK NY 10005
Burke Russell E Iii director 3814 ROUTE 44, MILLBROOK NY 12545
Investor Service Center Inc /de 10 percent owner 11 HANOVER SQUARE, NEW YORK NY 10005