GURUFOCUS.COM » STOCK LIST » Technology » Software » Moatable Inc (OTCPK:MTBLY) » Definitions » Net Income

Moatable (Moatable) Net Income : $-8.99 Mil (TTM As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Moatable 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. Moatable'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 $-8.99 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Moatable's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.02.


Moatable Net Income Historical Data

The historical data trend for Moatable'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.

Moatable Net Income Chart

Moatable 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 -51.10 -19.22 13.66 -76.91 -8.99

Moatable Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Dec19 Jun20 Dec20 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 -20.10 5.97 -8.41 -6.85 0.30

Moatable 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

Moatable'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
=-14.405+6.712+0+-1.299
=-8.99

Moatable'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
=-3.766+6.904+0+-2.839
=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 $-8.99 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.


Moatable  (OTCPK:MTBLY) 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:

Moatable'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.


Moatable Net Income Related Terms

Thank you for viewing the detailed overview of Moatable's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Moatable (Moatable) Business Description

Traded in Other Exchanges
Address
45 West Buchanan Street, Phoenix, AZ, USA, 85003
Moatable Inc provides management expertise, support services, and capital to help its SaaS businesses grow, scale, and reach their full potential. The Chime division includes the Company's all-in-one real estate sales acceleration and client lifecycle management platform. The Trucker Path division includes the Company's driver-centric online transportation management platform.
Executives
Softbank Group Corp 10 percent owner 1-7-1 KAIGAN, MINATO-KU, TOKYO M0 105-7537
Rebecca C. Polak director 611 BAINBRIDGE STREET, SUITE 100, RICHMOND VA 23224
Michael J Schifsky officer: Interim CFO C/O MOATABLE, INC., 45 W. BUCHANAN STREET, PHOENIX AZ 85003
James D Reed director 3200 INDUSTRIAL PARK ROAD, VAN BUREN AR 72956
Joseph Chen director, 10 percent owner, officer: Chief Executive Officer 23/F, JING AN CENTER, 8 NORTH THIRD RING, ROAD EAST, CHAOYANG DISTRICT, BEIJING F4 100028
Lin Cong director C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
James Jian Liu director, officer: Chief Operating Officer C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Chris Palmer officer: Chief Financial Officer C/O RENREN INC., 2828 N. CENTRAL AVENUE, 7TH FLOOR, PHOENIX AZ 85004
James M Dumler director C/O RENREN INC., 2828 N. CENTRAL AVENUE, 7TH FLOOR, PHOENIX AZ 85004
Henry He Li officer: Vice President of Technology C/O RENREN INC., 2828 N. CENTRAL AVENUE, 7TH FLOOR, PHOENIX AZ 85004