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NewStream Energy Technologies Group (NewStream Energy Technologies Group) Net Income : $-8.48 Mil (TTM As of Sep. 2023)


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What is NewStream Energy Technologies Group 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. NewStream Energy Technologies Group's Net Income for the three months ended in Sep. 2023 was $-0.70 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was $-8.48 Mil.

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


NewStream Energy Technologies Group Net Income Historical Data

The historical data trend for NewStream Energy Technologies Group'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.

NewStream Energy Technologies Group Net Income Chart

NewStream Energy Technologies Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.56 -5.03 -6.32 -5.49 -3.26

NewStream Energy Technologies Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -0.68 -1.15 -6.36 -0.28 -0.70

NewStream Energy Technologies Group 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

NewStream Energy Technologies Group's Net Income for the fiscal year that ended in Dec. 2022 is calculated as

Net Income(A: Dec. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-3.262+0+0+0
=-3.26

NewStream Energy Technologies Group's Net Income for the quarter that ended in Sep. 2023 is calculated as

Net Income(Q: Sep. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.696+0+0+0
=-0.70

Net Income for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8.48 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.


NewStream Energy Technologies Group  (OTCPK:NSGP) 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:

NewStream Energy Technologies Group's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 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.


NewStream Energy Technologies Group Net Income Related Terms

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NewStream Energy Technologies Group (NewStream Energy Technologies Group) Business Description

Traded in Other Exchanges
N/A
Address
295 Madison Avenue, 12th Floor, New York, NY, USA, 10017
NewStream Energy Technologies Group Inc is a platform technology company that owns and has licenses for transformative, proven, energy generation technologies for carbon capture, sequestration, and decarbonization to provide cleaner, lower-cost power and other valuable byproducts.
Executives
Tacho M Sandoval 10 percent owner PO BOX 1253, WAINSCOTT NY 11975
Thomas W Shreve director JALAN KEMANG SELATAN 1D NO 26A, JAKARTA K8 12730
Robin T Eves director, officer: CEO/President 295 MADISON AVENUE (12TH FLOOR), NEW YORK NY 10017
Aiden Neary officer: Chief Financial Officer 295 MADISON AVE (12TH FLOOR), NEW YORK NY 10017
J Scott Younger director 295 MADISON AVE (12TH FLOOR), NEW YORK NY 10017
Ventrillion Management Co Ltd 10 percent owner 10 ANSON ROAD #03-05 INTERNATIONAL PLAZA, SINGAPORE U0 079903
Roland Taufiq Perdamaian director 10 ANSON ROAD #03-05 INTERNATIONAL PLAZA, SINGAPORE U0 079903
Ivy Santoso director 10 ANSON ROAD #03-05 INTERNATIONAL PLAZA, SINGAPORE U0 079903
Douglas Hague director, officer: CEO/President 12518 W. ATALANTIC BLVD., CORAL SPRINGS FL 33071
Ponce De Leon Ignacio director, officer: Chief Operating Officer 295 MADISON AVENUE, 12TH FLOOR, NEW YORK NY 10017
Larry Hunt 10 percent owner 1761 NW 127TH WAY, CORAL SPRINGS FL 33071
Edward H Jennings director 12518 W ATLANTIC BLVD, CORAL SPRINGS FL 33071
Mitchell Shapiro director 6740 MEADOW RIDGE LANE, CINCINNATI OH 45237-3504