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Generationome Properties (Generationome Properties) Net Income : $-7.22 Mil (TTM As of Mar. 2024)


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What is Generationome Properties 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. Generationome Properties's Net Income for the three months ended in Mar. 2024 was $-2.83 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-7.22 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Generationome Properties's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $-0.67.


Generationome Properties Net Income Historical Data

The historical data trend for Generationome Properties'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.

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Generationome Properties Net Income Chart

Generationome Properties Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial -1.51 -1.83 -1.23 -3.24 -5.72

Generationome Properties Quarterly Data
Mar19 Jun19 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 -1.32 -0.88 -1.64 -1.88 -2.83

Generationome Properties 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

Generationome Properties'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
=-4.441+0+0+-1.276
=-5.72

Generationome Properties's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.879+0+0+-0.946
=-2.83

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.22 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.


Generationome Properties  (NAS:GIPR) 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:

Generationome Properties's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2024 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.


Generationome Properties Net Income Related Terms

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Generationome Properties (Generationome Properties) Business Description

Traded in Other Exchanges
N/A
Address
401 East Jackson Street, Suite 3300, Tampa, FL, USA, 33602
Generation Income Properties Inc is an internally managed real estate investment company focused on acquiring and managing income-producing retail, office and industrial properties net leased to high-quality tenants in major markets throughout the United States. Its key source of revenue is the rental income. The company holds properties in Alabama, Arizona, Colorado, District of Columbia, Florida, Illinois, North Carolina and Virginia.
Executives
Patrick Quilty director 401 EAST JACKSON STREET, SUITE 3300, TAMPA FL 33602
David Sobelman director, officer: Chairman, President, CEO 401 EAST JACKSON STREET, SUITE 3300, TAMPA FL 33602
Allison Davies officer: CFO & Treasurer 401 EAST JACKSON STREET, SUITE 3300, TAMPA FL 33602
Gena Cheng director 401 EAST JACKSON STREET, SUITE 3300, TAMPA FL 33602
Betsy Peck director 401 EAST JACKSON STREET, SUITE 3300, TAMPA FL 33602
Richard D. Russell officer: CFO & Treasurer 3201 W BAY VISTA AVE, TAMPA FL 33611
Benjamin Adams director 401 EAST JACKSON STREET, SUITE 3300, TAMPA FL 33602
Stuart Eisenberg director 401 EAST JACKSON STREET, SUITE 3300, TAMPA FL 33602
John Robert Sierra 10 percent owner 509 GUISANDO DE AVILA, SUITE 200, TAMPA FL 33613
John Robert Sierra Sr. Revocable Family Trust 10 percent owner 509 GUISANDO DE AVILA, SUITE 200, TAMPA FL 33613