Net Income / Loss
The accounting bottom line for the period — EBITDA less depreciation & amortization and tax, plus the signed interest and FX lines. The final result of the income statement. Distinct from cash burn (an accrual figure, not a cash-flow measure). — Finance KPI, I'mBoard-authored (editorial tier).
I'mBoard-authored (editorial tier)
No public third-party standard anchors this KPI yet, so I'mBoard authors and maintains the definition — transparently labeled as editorial tier. See the ontology methodology for the published vs editorial tier system and the back-attribution workstream.
Rogue ID: finance.net_income
Type: Currency
Domain: Finance
Definition
The accounting bottom line for the period — EBITDA less depreciation & amortization and tax, plus the signed interest and FX lines. The final result of the income statement. Distinct from cash burn (an accrual figure, not a cash-flow measure).
Formula
net_income = ebitda − depreciation_amortization + interest_income_expense − tax + fx_gain_loss (interest and FX are signed inputs).Why it matters
The statutory bottom line; read alongside burn/runway, since net income is accrual and does not equal cash consumed.
How to interpret
For startups, burn and runway usually matter more than net income — but a widening accrual loss is still a board signal. Reconcile to burn via the working-capital and non-cash lines.
Related KPIs
finance.ebitdafinance.depreciation_amortizationfinance.interest_income_expensefinance.taxfinance.fx_gain_lossfinance.net_burn_rate
Source
I'mBoard editorial — authored and maintained by I'mBoard, first published 2026-04-01. No third-party standard is cited for this KPI; when one emerges, the definition is back-attributed and promoted to the published tier (a minor version bump). Read the ontology methodology for the published vs editorial tier system, attribution rules, and dispute process.
Stage relevance
| Company stage | Priority |
|---|---|
| Series A | Recommended |
| Series B | Recommended |
| Series C+ | Recommended |
| Public | Recommended |
Suggested for stages: Series A, Series B, Series C+, Public.
Default owning functions
- Finance
Machine-readable
- This KPI as JSON:
/api/ontology/finance/net_income.json - All Finance KPIs:
/api/ontology/finance.json - Full catalog:
/api/ontology/index.json
Net Burn Rate
Average monthly net cash outflow over the reporting period — total cash spent minus total cash collected, divided by the number of months in the period. The headline survival number for venture-backed startups: it pairs with `finance.total_cash_in_bank` to produce runway, and pairs with revenue growth to produce the Bessemer "burn multiple". Common pitfall: net burn is volatile — large quarterly bills (annual SaaS renewals, employer-tax true-ups), enterprise prepayments, and FX swings can mask the underlying trend. Smoothing over a trailing 3-month average is standard board practice. Equally important: do not silently include one-off cash events (acquisitions, settlements, large prepayments received) without flagging them — boards prefer a "core burn" and "headline burn" pair when the period is noisy. — Finance KPI, I'mBoard-authored (editorial tier).
Net Working Capital Adjustment
Signed net effect on cash of changes in current assets and current liabilities — receivables coming in (positive), payables going out (negative), prepaid expenses (negative when paid, positive when burned down), and accrued liabilities (positive when accrued, negative when settled). The rollup of `finance.current_asset_adjustments` and `finance.current_liability_adjustments`. Common pitfall: at early stage this is dominated by payroll-cycle noise and is near zero — once the company adds enterprise contracts with annual prepayments or 60-day net terms, this can swing 1–3 months of burn either direction. Becomes material at Series A+; ignored before that. — Finance KPI, I'mBoard-authored (editorial tier).