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Cosi (COSIQ) Net Income : $-14.13 Mil (TTM As of Jun. 2016)


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What is Cosi 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. Cosi's Net Income for the three months ended in Jun. 2016 was $-3.12 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2016 was $-14.13 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Cosi's Earnings per Share (Diluted) for the three months ended in Jun. 2016 was $-0.07.


Cosi Net Income Historical Data

The historical data trend for Cosi'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.

Cosi Net Income Chart

Cosi Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.54 -4.44 -11.44 -16.63 -15.66

Cosi Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 -3.87 -3.91 -3.56 -3.54 -3.12

Cosi 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

Cosi's Net Income for the fiscal year that ended in Dec. 2015 is calculated as

Net Income(A: Dec. 2015 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-17.163+1.508+0+1.7763568394003E-15
=-15.66

Cosi's Net Income for the quarter that ended in Jun. 2016 is calculated as

Net Income(Q: Jun. 2016 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-3.103+-0.016+0+0
=-3.12

Net Income for the trailing twelve months (TTM) ended in Jun. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-14.13 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.


Cosi  (OTCPK:COSIQ) 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:

Cosi's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2016 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.


Cosi Net Income Related Terms

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Cosi (COSIQ) Business Description

Traded in Other Exchanges
N/A
Address
Cosi Inc is active in the restaurant industry in the United States. Its menu features made-to-order sandwiches, hand-tossed salads, bowls, breakfast wraps, melts, soups, signature Squagels, artisan flatbread pizzas, S'mores, snacks, and desserts. It also offers handcrafted beverages and a variety of coffee-based and specialty beverages. Its handcrafted beverages include iced tea, raspberry iced tea, country club iced tea, mojito lemonade, raspberry mojito lemonade.
Executives
Jean Birch director 3050 SOFT HORIZON WAY, LAS VEGAS NV 89135
Mark S Demilio director 6950 COLUMBIA GATEWAY DR STE 400, COLUMBIA MD 21046
Miller Lloyd I Iii other: no longer 10% + owner
Michael P Odonnell director 9659 PRESTON TRAIL WEST, PONTE VEDRA BEACH FL 32082
Robert Stephen Merritt director 2202 NORTH WEST SHORE BLVD, 5TH FLOOR, TAMPA FL 33607
Carin Stutz director, officer: CEO and PRESIDENT C/O BRINKER INTERNATIONAL, INC., 6820 LBJ FREEWAY, DALLAS TX 75240
Ronald Juvonen other: Former 10% Owner C/O DOWNTOWN ASSOCIATES, L.L.C., 674 UNIONVILLE ROAD, SUITE 105, KENNETT SQUARE PA 19348
Jonathan Gallen other: Former 10% Owner 450 PARK AVENUE, 28TH FLOOR, NEW YORK NY 10022
Christopher Joseph Carroll officer: EVP & Chief Marketing Officer C/O JTH HOLDING, INC., 1716 CORPORATE LANDING PKWY, VIRGINIA BEACH VA 23454
William D Forrest director C/O TOWER THREE PARTNERS, 2 SOUND VIEW DRIVE, GREENWICH CT 06830
Pbk Holdings Inc 10 percent owner 35 OCEAN REEF DRIVE, SUITE 142, KEY LARGO FL 33037
Philip B Korsant 10 percent owner 283 GREENWICH AVE, GREENWICH CT 06830
Edna Morris director TRACTOR SUPPLY COMPANY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Cynthia T Jamison officer: Chief Financial Officer TRACTOR SUPPLY COMPANY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027

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