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Creative Mediammunity Trust (Creative Mediammunity Trust) Net Income : $-48.5 Mil (TTM As of Dec. 2023)


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What is Creative Mediammunity Trust 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. Creative Mediammunity Trust's Net Income for the three months ended in Dec. 2023 was $-8.4 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-48.5 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Creative Mediammunity Trust's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.69.


Creative Mediammunity Trust Net Income Historical Data

The historical data trend for Creative Mediammunity Trust'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.

Creative Mediammunity Trust Net Income Chart

Creative Mediammunity Trust 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 345.67 -15.02 -0.85 5.92 -48.49

Creative Mediammunity Trust 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 0.94 -6.95 -17.36 -15.77 -8.40

Creative Mediammunity Trust 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

Creative Mediammunity Trust'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
=-50.228+-1.228+0+2.971
=-48.5

Creative Mediammunity Trust'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
=-8.613+-0.259+0+0.47
=-8.4

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 $-48.5 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.


Creative Mediammunity Trust  (NAS:CMCT) 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:

Creative Mediammunity Trust'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.


Creative Mediammunity Trust Net Income Related Terms

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Creative Mediammunity Trust (Creative Mediammunity Trust) Business Description

Traded in Other Exchanges
Address
17950 Preston Road, Suite 600, Dallas, TX, USA, 75252
Creative Media & Community Trust is a United states based company that formed to invest in, own, and operate Class A and creative office investments in improving urban communities throughout the United States. It operates through two segments: Office and Hotel, and Lending. The Office segment includes rental of office space and other tenant services, including tenant reimbursements, parking, and storage space rental. The Hotel segment relates to operations of hotel properties whereas, the lending segment refers to income from the yield and other related fee income earned on its loans receivable. The lending segment includes income recognized from the sale of government guaranteed portion of loans receivable, income from the yield on its loans receivable and other related fee income earned.
Executives
Richard S Ressler director, 10 percent owner C/O J2 GLOBAL COMMUNICATIONS, INC., 6922 HOLLYWOOD BLVD, 5TH FLOOR, LOS ANGELES CA 90028
Avraham Shemesh director, 10 percent owner C/O CIM GROUP, LLC, 6922 HOLLYWOOD BLVD. 9TH FLOOR, LOS ANGELES CA 90028
Shaul Kuba director, 10 percent owner C/O CIM GROUP, LLC, 6922 HOLLYWOOD BLVD. 9TH FLOOR, LOS ANGELES CA 90028
Cim Cmct Mlp, Llc other: Member of 10% owner group 4700 WILSHIRE BOULEVARD, LOS ANGELES CA 90010
Marcie L Edwards director 27975 LANGLEY PL, CASTAIC CA 91384
John Hope Bryant director C/O BRYANT GROUP VENTURES, 3473 S. SYCAMORE AVENUE, LOS ANGELES CA 90016
Cim Capital Real Property Management, Llc 10 percent owner 4700 WILSHIRE BOULEVARD, LOS ANGELES CA 90010
Elaine Y Wong director 4700 WILSHIRE BOULEVARD, LOS ANGELES CA 90010
David Andrew Thompson officer: Chief Executive Officer C/O CIM GROUP, LLC, 6922 HOLLYWOOD BLVD. 9TH FLOOR, LOS ANGELES CA 90028
Cim Capital, Llc other: Member of 10% owner group 4700 WILSHIRE BLVD, LOS ANGELES CA 90010
Nathan David Debacker officer: Chief Financial Officer 2325 E. CAMELBACK ROAD, SUITE 1100, PHOENIX AZ 85016
Jan F Salit officer: President and Secretary 18111 PRESTON ROAD SUITE 600, DALLAS TX 75252
Urban Partners Ii, Llc 10 percent owner C/O CIM GROUP, LLC, 6922 HOLLYWOOD BLVD. 9TH FLOOR, LOS ANGELES CA 90028
Cim Service Provider, Llc other: Member of 10% Owner Group C/O CIM GROUP, LLC, 6922 HOLLYWOOD BLVD. 9TH FLOOR, LOS ANGELES CA 90028
Cim Urban Sponsor, Llc other: Member of 10% owner group 4700 WILSHIRE BLVD, LOS ANGELES CA 90010

Creative Mediammunity Trust (Creative Mediammunity Trust) Headlines

From GuruFocus

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CMCT names John Hope Bryant to its Board of Directors

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