LGX Oil + Gas, Inc. (ROAOF)
LGX Oil + Gas Net Income (Quarterly)
Net Income (Quarterly) Chart
Historical Net Income (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2016 | -1.716M |
| December 31, 2015 | -10.27M |
| September 30, 2015 | -11.98M |
| June 30, 2015 | -3.104M |
| March 31, 2015 | -1.971M |
| December 31, 2014 | -36.37M |
| September 30, 2014 | -0.987M |
| June 30, 2014 | -0.6666M |
| March 31, 2014 | 0.1629M |
| December 31, 2013 | -7.410M |
| September 30, 2013 | -7.959M |
| June 30, 2013 | -3.055M |
| March 31, 2013 | -1.144M |
| December 31, 2012 | -7.086M |
| September 30, 2012 | 10.30M |
| June 30, 2012 | -1.549M |
| March 31, 2012 | -0.8214M |
| December 31, 2011 | -12.00M |
| September 30, 2011 | -1.237M |
| Date | Value |
|---|---|
| June 30, 2011 | 0.1386M |
| March 31, 2011 | -0.6735M |
| December 31, 2010 | 4.007M |
| September 30, 2010 | -1.076M |
| June 30, 2010 | -1.213M |
| March 31, 2010 | 0.5476M |
| December 31, 2009 | -10.88M |
| September 30, 2009 | -0.7288M |
| June 30, 2009 | -0.4028M |
| March 31, 2009 | -0.2796M |
| December 31, 2008 | -0.0758M |
| September 30, 2008 | -0.3288M |
| June 30, 2008 | -0.3663M |
| March 31, 2008 | -0.6994M |
| December 31, 2007 | -0.044M |
| September 30, 2007 | -0.0999M |
| June 30, 2007 | -0.8534M |
| March 31, 2007 | -0.0619M |
Net Income Definition
Net Income is the total amount of profit earned by a company. This metric boils down to the overall profit that is left from the revenue that a company receives after taking out various operational line items like cost of goods sold, income tax expense, SG&A expense, etc. Eventually, all companies would want to have a consistent positive and growing net income, so that this can be used for various purposes like reinvesting into the company, paying off debt, and potentially paying out dividends to shareholders.