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Wellbeing Digital Sciences (Wellbeing Digital Sciences) Net Income : $-38.42 Mil (TTM As of Apr. 2022)


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What is Wellbeing Digital Sciences 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. Wellbeing Digital Sciences's Net Income for the three months ended in Apr. 2022 was $-4.29 Mil. Its Net Income for the trailing twelve months (TTM) ended in Apr. 2022 was $-38.42 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Wellbeing Digital Sciences's Earnings per Share (Diluted) for the three months ended in Apr. 2022 was $-0.04.


Wellbeing Digital Sciences Net Income Historical Data

The historical data trend for Wellbeing Digital Sciences'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.

Wellbeing Digital Sciences Net Income Chart

Wellbeing Digital Sciences Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21
Net Income
- -0.22 -5.02 0.84 -25.47

Wellbeing Digital Sciences Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
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 -2.54 -21.56 -7.42 -5.15 -4.29

Wellbeing Digital Sciences 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

Wellbeing Digital Sciences's Net Income for the fiscal year that ended in Jul. 2021 is calculated as

Net Income(A: Jul. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-25.47+0+0+0
=-25.47

Wellbeing Digital Sciences's Net Income for the quarter that ended in Apr. 2022 is calculated as

Net Income(Q: Apr. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-4.292+0+0+0
=-4.29

Net Income for the trailing twelve months (TTM) ended in Apr. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-38.42 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.


Wellbeing Digital Sciences  (OTCPK:KONEF) 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:

Wellbeing Digital Sciences's Earnings per Share (Diluted) (EPS) for the quarter that ended in Apr. 2022 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.


Wellbeing Digital Sciences Net Income Related Terms

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Wellbeing Digital Sciences (Wellbeing Digital Sciences) Business Description

Traded in Other Exchanges
N/A
Address
275 Dundas Street, Unit A1605, London, ON, CAN, N6B 3L1
Wellbeing Digital Sciences Inc is a next-generation wellness company focused on ketamine-assisted therapy and psychedelic medicines. It operates healthcare clinics across North America, helping clients access plant medicines, psychedelics, and mental health care that have the potential to heal them of their physical or emotional pain.

Wellbeing Digital Sciences (Wellbeing Digital Sciences) Headlines

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