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CPS Technologies (CPS Technologies) Net Income : $0.77 Mil (TTM As of Dec. 2023)


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What is CPS Technologies 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. CPS Technologies's Net Income for the three months ended in Dec. 2023 was $0.14 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $0.77 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. CPS Technologies's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.01.


CPS Technologies Net Income Historical Data

The historical data trend for CPS Technologies'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.

CPS Technologies Net Income Chart

CPS Technologies 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 -0.64 0.91 3.22 2.13 1.37

CPS Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.46 0.60 0.17 0.14 -0.14

CPS Technologies 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

CPS Technologies'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
=1.952+-0.582+0+0
=1.37

CPS Technologies'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
=0.224+-0.085+0+0.001
=0.14

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 $0.77 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.


CPS Technologies  (NAS:CPSH) 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:

CPS Technologies'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.


CPS Technologies Net Income Related Terms

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CPS Technologies (CPS Technologies) Business Description

Traded in Other Exchanges
N/A
Address
111 South Worcester Street, Norton, MA, USA, 02766-2102
CPS Technologies Corp provides material solutions to the transportation, automotive, energy, computing/Internet, telecommunications, aerospace, defense, and oil and gas end markets. Its primary material solution is metal matrix composites (MMCs), which are a class of materials consisting of a combination of metal and ceramic. The company designs, manufactures and sells custom MMC components, which manages the performance and reliability of systems in the end markets. It also provides baseplates and housings used in radar, satellite and avionics applications. The company provides lids and heat spreaders used with integrated circuits in Internet switches and routers.
Executives
Brian T Mackey officer: CEO 792 WEST STREET, C108, MANSFIELD MA 02048
Ralph M Norwood officer: Chief Financial Officer 111 SOUTH WORCESTER STREET, NORTON MA 02766
Peregrine Financial Corp 10 percent owner 222 ROSEWOOD DRIVE, SUITE 530, DANVERS MA 01923
Peregrine Trust Company, Llc 10 percent owner 222 ROSEWOOD DRIVE, SUITE 530, DANVERS MA 01923
Peregrine Holdings Llc 10 percent owner 222 ROSEWOOD DRIVE, SUITE 530, DANVERS MA 01923
Phoenix Venture Partners, Inc. 10 percent owner 222 ROSEWOOD DRIVE, SUITE 530, DANVERS MA 01923
Ard Master Lp 10 percent owner
Grant C Bennett director, 10 percent owner, officer: President & CEO
Griffith Charles Kellogg Jr officer: Chief Financial Officer 111 SOUTH WORCESTER STREET, NORTON MA 02766
Daniel C Snow director 5 LODGE RD., BELMONT MA 02478
Thomas M Culligan director 3000 TAFT STREET, HOLLYWOOD FL 33021
Michael E Mccormack officer: Chief Operating Officer 111 SOUTH WORCESTER STREET, NORTON MA 02766
Thomas E Breen officer: SVP, Sales & Marketing 111 SOUTH WORCESTER STREET, NORTON MA 02766
Richard W Adams officer: Senior Vice-President & CTO 111 S. WORCESTER ST., NORTON MA 02766
Charles Darosa officer: Vice-President, Operations 111 S. WORCESTER STREET, NORTON MA 02766

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