Summit Networks Inc. (SNTW) Net Income (2014 - 2023)
Summit Networks (SNTW) posted quarterly Net Income of -$39352.0 for Q1 2023, up 8.59% year-over-year from -$36240.5 in Q1 2022, and down 76.74% quarter-over-quarter from -$22266.0 in Q4 2022.
Summit Networks Inc. (SNTW) Net Income (2014 - 2023) Analysis & Trends
Summit Networks (SNTW) has reported Net Income for 10 consecutive years, with -$39352.0 the latest figure, recorded in Q1 2023.
- In Q1 2023, Net Income rose 8.59% year-over-year to -$39352.0; the TTM figure through Mar 2023 stood at -$287632.0 (up 75.77% YoY), while the FY2022 annual figure was -$363244.0, up 54.88% from the prior year.
- Net Income eased to -$39352.0 in Q1 2023 per SNTW's latest filing, from -$22266.0 in the prior quarter.
- Across five years, Net Income topped out at -$10047.0 in Q1 2020 and bottomed at -$527392.0 in Q1 2021.
- Historically, Net Income has averaged -$140930.1 across 5 years, with a median of -$47118.5 in 2020.
- Annual changes were most pronounced in 2021 — Net Income plunged 217.68% — and 2022, when it soared 92.78%.
- Summit Networks' Net Income stood at -$27267.0 in 2019, then slumped by 267.59% to -$100232.0 in 2020, then sank by 207.81% to -$308520.0 in 2021, then jumped by 92.78% to -$22266.0 in 2022, then tumbled by 76.74% to -$39352.0 in 2023.
- Business Quant data shows SNTW's Net Income at -$39352.0 in Q1 2023, -$22266.0 in Q4 2022, and -$201442.0 in Q3 2022.
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Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | -39,352.00 |
| Dec 31, 2022 | -22,266.00 |
| Sep 30, 2022 | -201,442.00 |
| Jun 30, 2022 | -24,572.00 |
| Mar 31, 2022 | -43,048.00 |
| Dec 31, 2021 | -308,520.00 |
| Sep 30, 2021 | -521,548.00 |
| Jun 30, 2021 | -314,185.00 |
| Mar 31, 2021 | -527,392.00 |
| Dec 31, 2020 | -100,232.00 |
| Sep 30, 2020 | -164,173.00 |
| Jul 31, 2020 | -51,189.00 |
| Apr 30, 2020 | -43,022.00 |
| Jan 31, 2020 | -10,047.00 |
| Oct 31, 2019 | -27,267.00 |
| Jul 31, 2019 | -73,408.00 |
| Apr 30, 2019 | -22,581.00 |
| Jan 31, 2019 | -42,498.00 |
| Oct 31, 2018 | -237,505.00 |
| Apr 30, 2017 | 341.00 |