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Cyber Enviro-Tech (Cyber Enviro-Tech) Net Income : $-4.95 Mil (TTM As of Mar. 2024)


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What is Cyber Enviro-Tech 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. Cyber Enviro-Tech's Net Income for the three months ended in Mar. 2024 was $-1.11 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-4.95 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Cyber Enviro-Tech's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $-0.01.


Cyber Enviro-Tech Net Income Historical Data

The historical data trend for Cyber Enviro-Tech'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.

Cyber Enviro-Tech Net Income Chart

Cyber Enviro-Tech Annual Data
Trend Dec21 Dec22 Dec23
Net Income
-3.75 1.48 -4.34

Cyber Enviro-Tech Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.49 -0.95 -0.85 -2.04 -1.11

Cyber Enviro-Tech 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

Cyber Enviro-Tech'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
=-4.343+0+0+0
=-4.34

Cyber Enviro-Tech'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
=-1.108+0+0+0
=-1.11

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 $-4.95 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.


Cyber Enviro-Tech  (OTCPK:CETI) 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:

Cyber Enviro-Tech'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.


Cyber Enviro-Tech Net Income Related Terms

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Cyber Enviro-Tech (Cyber Enviro-Tech) Business Description

Traded in Other Exchanges
N/A
Address
6991 East Camelback Road, Suite D-300, Scottsdale, AZ, USA, 85251
Cyber Enviro-Tech Inc is a water science technology company that designs water purification and cyber solutions for commercial applications and industries. The company manufacture and sell water filtration, desalination, and oil separation systems. It serves Oil and Gas; Dairy Farms and Feedlots; Agriculture; Mining and other industries.