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Metro Global Media (Metro Global Media) Net Income : $-4.70 Mil (TTM As of Nov. 2001)


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What is Metro Global Media 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. Metro Global Media's Net Income for the three months ended in Nov. 2001 was $-0.21 Mil. Its Net Income for the trailing twelve months (TTM) ended in Nov. 2001 was $-4.70 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Metro Global Media's Earnings per Share (Diluted) for the three months ended in Nov. 2001 was $-0.02.


Metro Global Media Net Income Historical Data

The historical data trend for Metro Global Media'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.

Metro Global Media Net Income Chart

Metro Global Media Annual Data
Trend May92 May93 May94 May95 May96 May97 May98 May99 May00 May01
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.20 -0.70 -3.98 -0.92 -5.17

Metro Global Media Quarterly Data
Feb97 May97 Aug97 Nov97 Feb98 May98 Aug98 Nov98 Feb99 May99 Aug99 Nov99 Feb00 May00 Aug00 Nov00 Feb01 May01 Aug01 Nov01
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 -0.83 -0.12 -3.93 -0.44 -0.21

Metro Global Media 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

Metro Global Media's Net Income for the fiscal year that ended in May. 2001 is calculated as

Net Income(A: May. 2001 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-4.85+-0.313+-0.01+0.0019999999999989
=-5.17

Metro Global Media's Net Income for the quarter that ended in Nov. 2001 is calculated as

Net Income(Q: Nov. 2001 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.212+0+0+0
=-0.21

Net Income for the trailing twelve months (TTM) ended in Nov. 2001 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.70 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.


Metro Global Media  (GREY:MGMA) 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:

Metro Global Media's Earnings per Share (Diluted) (EPS) for the quarter that ended in Nov. 2001 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.


Metro Global Media Net Income Related Terms

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Metro Global Media (Metro Global Media) Business Description

Traded in Other Exchanges
N/A
Address
1060 Park Avenue, Cranston, RI, USA, 02910
Metro Global Media Inc operates in the media industry in United States. The company is a multimedia, mass marketing company that produces adult film, video, and internet entertainment. The firm also publishes and distributes magazines.

Metro Global Media (Metro Global Media) Headlines

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