Summit Networks reported net income of -$0.05M for the quarter ended Mar 2023. This income statement covers 33 quarters of results from Jul 2014 through Mar 2023, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Jul2014 | Oct2014 | Jan2015 | Apr2015 | Jul2015 | Oct2015 | Jan2016 | Apr2016 | Jul2016 | Oct2016 | Jan2017 | Apr2017 | Oct2017 | Jul2018 | Oct2018 | Jan2019 | Apr2019 | Jul2019 | Oct2019 | Jan2020 | Apr2020 | Jul2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | |||||||||||||||||||||||||||||||||
| Revenue | |||||||||||||||||||||||||||||||||
| Cost of RevenueCost of Rev | |||||||||||||||||||||||||||||||||
| Gross Profit | |||||||||||||||||||||||||||||||||
| Operating items | |||||||||||||||||||||||||||||||||
| Selling, General & AdministrativeSG&A | 0.24M | 0.04M | 0.02M | 0.07M | 0.03M | 0.01M | 0.04M | -0.07M | 0.10M | 0.39M | 0.08M | 0.29M | 0.08M | 0.05M | 0.03M | -0.05M | 0.03M | 0.05M | |||||||||||||||
| Other Operating ExpensesOther Opex | -0.01M | ||||||||||||||||||||||||||||||||
| Operating ExpensesOpex | 0.24M | 0.04M | 0.02M | 0.07M | 0.03M | 0.01M | 0.04M | -0.07M | 0.10M | 0.39M | 0.08M | 0.29M | 0.08M | 0.05M | 0.03M | -0.05M | 0.03M | 0.05M | |||||||||||||||
| Operating IncomeOp. Inc | -0.24M | -0.04M | -0.02M | -0.07M | -0.03M | -0.01M | -0.04M | 0.07M | -0.10M | -0.39M | -0.08M | -0.29M | -0.08M | -0.05M | -0.03M | 0.05M | -0.03M | -0.05M | |||||||||||||||
| EBIT | -0.24M | -0.04M | -0.02M | -0.07M | -0.03M | -0.01M | -0.04M | -0.05M | 0.07M | -0.10M | -0.39M | -0.08M | -0.29M | -0.08M | -0.05M | -0.03M | 0.05M | -0.03M | -0.05M | ||||||||||||||
| Non-operating items | |||||||||||||||||||||||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | 0.00M | ||||||||||||||||||||||||||||||||
| Net income details | |||||||||||||||||||||||||||||||||
| EBT | -0.24M | -0.04M | -0.02M | -0.07M | -0.03M | -0.01M | -0.04M | -0.05M | 0.07M | -0.10M | -0.39M | -0.08M | -0.29M | -0.08M | -0.05M | -0.03M | 0.05M | -0.03M | -0.05M | ||||||||||||||
| Tax ProvisionsTaxes | -0.08M | -0.02M | -0.01M | -0.01M | -0.01M | -0.01M | |||||||||||||||||||||||||||
| Profit After TaxPAT | -0.24M | -0.04M | -0.02M | -0.07M | -0.03M | -0.01M | -0.04M | -0.05M | 0.07M | -0.10M | -0.39M | -0.08M | -0.08M | -0.08M | -0.05M | -0.03M | 0.05M | -0.03M | -0.05M | ||||||||||||||
| Income from Continuing OperationsIncome (Continuing) | -0.24M | -0.04M | -0.02M | -0.07M | -0.03M | -0.01M | -0.04M | -0.05M | 0.07M | -0.10M | -0.31M | -0.08M | -0.29M | -0.06M | -0.04M | -0.02M | 0.05M | -0.02M | -0.04M | ||||||||||||||
| Consolidated Net IncomeConsol Net Inc. | -0.24M | -0.04M | -0.02M | -0.07M | -0.03M | -0.01M | -0.04M | -0.05M | 0.07M | -0.10M | -0.31M | -0.08M | -0.29M | -0.06M | -0.04M | -0.02M | 0.05M | -0.02M | -0.04M | ||||||||||||||
| Income towards Parent CompanyParent Net Inc | -0.24M | -0.04M | -0.02M | -0.07M | -0.03M | -0.01M | -0.04M | -0.05M | 0.07M | -0.10M | -0.31M | -0.08M | -0.29M | -0.06M | -0.04M | -0.02M | 0.05M | -0.02M | -0.04M | ||||||||||||||
| Net Income towards Common StockholdersNet Income | -0.24M | -0.04M | -0.02M | -0.07M | -0.03M | -0.01M | -0.04M | -0.05M | 0.07M | -0.10M | -0.31M | -0.08M | -0.29M | -0.06M | -0.04M | -0.02M | 0.05M | -0.02M | -0.04M | ||||||||||||||
| Additional items | |||||||||||||||||||||||||||||||||
| EPS (Basic) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||
| EPS (Diluted) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||
| Shares Outstanding | 53.60M | 61.04M | 61.04M | 61.05M | 61.04M | 61.04M | 61.87M | 64.05M | 62.74M | 61.05M | 61.05M | 61.37M | 61.82M | 61.91M | 62.05M | 62.05M | 62.05M | 62.05M | 67.05M | 67.05M | |||||||||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 53.60M | 61.04M | 61.04M | 61.05M | 61.04M | 61.04M | 61.87M | 64.05M | 62.74M | 61.05M | 61.05M | 61.37M | 61.82M | 61.91M | 62.05M | 62.05M | 62.05M | 62.05M | 67.05M | 67.05M | |||||||||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 61.05M | 61.05M | 61.05M | 61.05M | 61.05M | 61.05M | 64.05M | 64.05M | 64.05M | 64.05M | 62.05M | 61.55M | 62.05M | 62.05M | 62.05M | 62.05M | 62.05M | 62.05M | 67.05M | 67.05M | |||||||||||||
| EBITDA | -0.24M | -0.04M | -0.02M | -0.07M | -0.03M | -0.01M | -0.04M | -0.05M | 0.07M | -0.10M | -0.39M | -0.08M | -0.29M | -0.08M | -0.05M | -0.03M | 0.05M | -0.03M | -0.05M | ||||||||||||||
| Tax Rate | 21.00% | 21.00% | 21.00% | 21.00% | 21.00% | 21.00% |