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Visium Technologies (Visium Technologies) Net Income : $-3.09 Mil (TTM As of Mar. 2024)


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What is Visium 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. Visium Technologies's Net Income for the three months ended in Mar. 2024 was $-0.48 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-3.09 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Visium Technologies's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $-0.00.


Visium Technologies Net Income Historical Data

The historical data trend for Visium 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.

Visium Technologies Net Income Chart

Visium Technologies Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.76 -1.54 -3.37 -5.19 -3.31

Visium 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 -0.73 -0.82 -0.59 -1.21 -0.48

Visium 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

Visium Technologies's Net Income for the fiscal year that ended in Jun. 2023 is calculated as

Net Income(A: Jun. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-3.311+0+0+0
=-3.31

Visium Technologies'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
=-0.478+0+0+0
=-0.48

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 $-3.09 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.


Visium Technologies  (OTCPK:VISM) 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:

Visium Technologies'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.


Visium Technologies Net Income Related Terms

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Visium Technologies (Visium Technologies) Business Description

Traded in Other Exchanges
N/A
Address
4094 Majestic Lane, Suite 360, Fairfax, VA, USA, 22033
Visium Technologies Inc is a Virginia based company focused on providing innovative cybersecurity solutions to businesses which protect and secure the operating landscape of the enterprise and their data assets. The Company operates in one business segment which technologies are focused on cybersecurity. The company's focus is on test and measurement, test and evaluation, and cybersecurity solutions to protect connected devices (Internet of Things, or "IoT" and Industrial Internet of Things "IIoT"). This includes securing industrial systems from penetration. The company do this through a proprietary IoT test platform which it calls the Cyber Physical Test Bench, and by visualizing and prioritizing remediation of technology risks.
Executives
Adote Solomon Nii Akwei director 623 RAVENGLASS DRIVE, BASEMENT, TOWNSEND DE 19734
Wayne Harrison Monk director 1220 CLUB COVE DR, GREENSBORO GA 30642
Thomas Michael Grbelja director, 10 percent owner 151 BIRCH ROAD, FRANKLIN LAKES NJ 07417
Mark Burdon Lucky officer: CFO 22900 SHAW ROAD, SUITE 111, STERLING VA 20166
Henry Jameson Holcombe officer: CEO 3513 BROADRUN DR, FAIRFAX VA 22033
Paul Anthony Favata director 110 18TH AVENUE SOUTH, SAINT PETERSBURG FL 33705
Sterling Kevin Yates officer: CEO 1201 MAIN ST., SUITE 1980, COLUMBIA SC 29201
Frank Phillip Reilly director 1415 SUNSET HARBOUR DRIVE, APT 406, MIAMI BEACH FL 33139
David S Brooks director 7 THACKERAY PLACE, DURHAM NC 27707
Richard Hersh director, officer: Chief Executive Officer 903 CLINT MOORE ROAD, BOCA RATON FL 33487
Brett L Kublin director 7311 NORTHEAST 1ST PLACE, MIAMI FL 33138
Michael J Darden director, officer: President 903 CLINT MOORE ROAD, BOCA RATON FL 33487

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