GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Tix Corp (OTCPK:TIXC) » Definitions » Net Income

Tix (TIXC) Net Income : $-5.33 Mil (TTM As of Sep. 2020)


View and export this data going back to 2010. Start your Free Trial

What is Tix Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Tix's Net Income for the three months ended in Sep. 2020 was $-1.10 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2020 was $-5.33 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Tix's Earnings per Share (Diluted) for the three months ended in Sep. 2020 was $-0.06.


Tix Net Income Historical Data

The historical data trend for Tix's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tix Net Income Chart

Tix Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.79 1.90 -4.69 -7.58 -2.97

Tix Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.02 -1.99 -0.93 -1.32 -1.10

Tix Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Tix's Net Income for the fiscal year that ended in Dec. 2019 is calculated as

Net Income(A: Dec. 2019 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.469+-1.504+0+0
=-2.97

Tix's Net Income for the quarter that ended in Sep. 2020 is calculated as

Net Income(Q: Sep. 2020 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.097+0+0+0
=-1.10

Net Income for the trailing twelve months (TTM) ended in Sep. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.33 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tix  (OTCPK:TIXC) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Tix's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2020 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Tix Net Income Related Terms

Thank you for viewing the detailed overview of Tix's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Tix (TIXC) Business Description

Traded in Other Exchanges
N/A
Address
731 Pilot Road, Suite A, Las Vegas, NV, USA, 89119
Tix Corp is an entertainment company. It is engaged in providing discount ticketing and discount dining and shopping products. Through its subsidiaries, the company offers sale discount tickets to Las Vegas shows and discounted dining at various restaurants surrounding the Las Vegas Strip and downtown.
Executives
Mitch Francis director, 10 percent owner, officer: Chief Executive Officer 12001 VENTURA PLACE SUITE 340 STUDIO CITY CA 91604
Kimberly Sue Simon officer: Chief Operating Officer C/O LOEB & LOEB LLP 10100 SANTA MONICA BLVD #2200 LOS ANGELES CA 90067-4164
Benjamin Frankel director C/O CINEMA RIDE INC 12001 VENTURA PLACE STE 340 STUDIO CITY CA 91604
Norman Feirstein director C/O CINEMA RIDE INC 12001 VENTURA PLACE STE 340 STUDIO CITY CA 91604
Sam Georges director 930 SOUTH ANDREAN DRIVE, SUITE H ESCONDIDO CA 92029
Andy Pells director 12001 VENTURA PLACE #340 STUDIO CITY CA 91604
Steve Handy officer: Chief Financial Officer 8228 SUNSET BLVD., LOS ANGELES CA 90046
Joseph B Marsh 10 percent owner, other: consultant 605 SURFSIDE DRIVE AKRON OH 44317
Iqbal Ashraf 10 percent owner 201 S. LAKE AVENUE SUITE 603 PASADENA CA 91101
Richard Kam officer: Vice President - Finance 12001 VENTURA PLACE #340 STUDIO CITY CA 91604
Matt Natalizio officer: CFO 11726 SAN VICENTE BLVD., SUITE 650, LOS ANGELES CA 90049
Gray Gerry 10 percent owner 4118 SUNDANCE DRIVE SUN PEAKS A1 V0E1Z1