RENN Net Income from 2010 to 2025

RCG Stock  USD 2.30  0.43  15.75%   
RENN Fund's Net Income is decreasing over the last several years with stable swings. Net Income is predicted to flatten to about 4.1 M. During the period from 2010 to 2025 RENN Fund Net Income regressed destribution of quarterly values had coefficient of variationof  341.50 and r-value of (0.23). View All Fundamentals
 
Net Income  
First Reported
1996-06-30
Previous Quarter
940.4 K
Current Value
1.9 M
Quarterly Volatility
19.8 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check RENN Fund financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among RENN Fund's main balance sheet or income statement drivers, such as Interest Expense of 35.91, Selling General Administrative of 238.6 K or Total Revenue of 6.1 M, as well as many indicators such as Price To Sales Ratio of 2.55, Ptb Ratio of 0.65 or Days Sales Outstanding of 1.24. RENN financial statements analysis is a perfect complement when working with RENN Fund Valuation or Volatility modules.
  
Check out the analysis of RENN Fund Correlation against competitors.
For more detail on how to invest in RENN Stock please use our How to Invest in RENN Fund guide.

Latest RENN Fund's Net Income Growth Pattern

Below is the plot of the Net Income of RENN Fund over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in RENN Fund financial statement analysis. It represents the amount of money remaining after all of RENN Fund operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is RENN Fund's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in RENN Fund's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 5.51 M10 Years Trend
Pretty Stable
   Net Income   
       Timeline  

RENN Net Income Regression Statistics

Arithmetic Mean2,160,625
Geometric Mean2,138,401
Coefficient Of Variation341.50
Mean Deviation4,230,805
Median1,218,859
Standard Deviation7,378,507
Sample Variance54.4T
Range31.8M
R-Value(0.23)
Mean Square Error55.3T
R-Squared0.05
Significance0.39
Slope(353,964)
Total Sum of Squares816.6T

RENN Net Income History

20254.1 M
20245.5 M
2023-884.6 K
2022-4.2 M
20215.3 M
2020-498 K
20191.7 M

Other Fundumenentals of RENN Fund

RENN Fund Net Income component correlations

About RENN Fund Financial Statements

RENN Fund stakeholders use historical fundamental indicators, such as RENN Fund's Net Income, to determine how well the company is positioned to perform in the future. Although RENN Fund investors may analyze each financial statement separately, they are all interrelated. For example, changes in RENN Fund's assets and liabilities are reflected in the revenues and expenses on RENN Fund's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in RENN Fund. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income5.5 M5.8 M
Net Income From Continuing Ops5.5 M5.8 M
Net Loss-4.9 M-5.1 M
Net Income Per Share 0.79  1.52 
Net Loss(1.95)(1.85)

Currently Active Assets on Macroaxis

When determining whether RENN Fund is a strong investment it is important to analyze RENN Fund's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact RENN Fund's future performance. For an informed investment choice regarding RENN Stock, refer to the following important reports:
Check out the analysis of RENN Fund Correlation against competitors.
For more detail on how to invest in RENN Stock please use our How to Invest in RENN Fund guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of RENN Fund. If investors know RENN will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about RENN Fund listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(1.00)
Dividend Share
0.022
Earnings Share
0.79
Revenue Per Share
0.053
Quarterly Revenue Growth
0.415
The market value of RENN Fund is measured differently than its book value, which is the value of RENN that is recorded on the company's balance sheet. Investors also form their own opinion of RENN Fund's value that differs from its market value or its book value, called intrinsic value, which is RENN Fund's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RENN Fund's market value can be influenced by many factors that don't directly affect RENN Fund's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between RENN Fund's value and its price as these two are different measures arrived at by different means. Investors typically determine if RENN Fund is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RENN Fund's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.