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Kingfish Holding (Kingfish Holding) Net Income : $-0.29 Mil (TTM As of Mar. 2024)


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What is Kingfish Holding 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. Kingfish Holding's Net Income for the three months ended in Mar. 2024 was $-0.04 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.29 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Kingfish Holding's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $-0.17.


Kingfish Holding Net Income Historical Data

The historical data trend for Kingfish Holding'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.

Kingfish Holding Net Income Chart

Kingfish Holding Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.01 -0.10 -0.19 -0.28

Kingfish Holding Quarterly Data
Sep18 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 -0.04 -0.01 -0.18 -0.06 -0.04

Kingfish Holding 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

Kingfish Holding's Net Income for the fiscal year that ended in Sep. 2023 is calculated as

Net Income(A: Sep. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.277+0+0+0
=-0.28

Kingfish Holding'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
=-0.041+0+0+0
=-0.04

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 $-0.29 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.


Kingfish Holding  (OTCPK:KSSH) 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:

Kingfish Holding'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.


Kingfish Holding Net Income Related Terms

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Kingfish Holding (Kingfish Holding) Business Description

Traded in Other Exchanges
N/A
Address
822 62nd Street Circle East, Unit 105, Bradenton, FL, USA, 34208
Website
Kingfish Holding Corp is a shell company.
Executives
Gary E King director, 10 percent owner, officer: President and CEO C/O OFFLINE CONSULTING, INC, 2208 58TH AVENUE EAST, BRADENTON FL 34203
Doug Badertscher director, officer: CEO 6710 PROFESSIONAL PARKWAY WEST, SUITE 30, SARASOTA FL 34240
Benjamin J Bond director 1001 N. WASHINGTON BLVD., SUITE 106, SARASOTA FL 34236
James K Toomey director 6425 28TH AVE E, BRADENTON FL 34208
Vl Brother Sandifer director 2037 HWY 82 E., GREENVILLE MS 38703
Laura A Camisa officer: CFO
Kenneth Craig director, officer: CEO 2280 TRAILMATE DRIVE, SUITE 101, SARASOTA FL 94243
Wildes Clifford officer: Chief Operating Officer C/O OFFLINE CONSULTING, INC, 2208 58TH AVENUE EAST,, BRADENTON FL 34203
Allese Capital Llc 10 percent owner 1166 EAST 14TH STREET, BROOKLYN NY 11230
Marcello Trebitsch director, 10 percent owner, officer: President, CEO 1166 EAST 14TH STREET, BROOKLYN NY 11230

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