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Touchpoint Group Holdings (Touchpoint Group Holdings) Net Income : $-7.12 Mil (TTM As of Sep. 2022)


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What is Touchpoint Group Holdings 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. Touchpoint Group Holdings's Net Income for the three months ended in Sep. 2022 was $-2.57 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2022 was $-7.12 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Touchpoint Group Holdings's Earnings per Share (Diluted) for the three months ended in Sep. 2022 was $-0.00.


Touchpoint Group Holdings Net Income Historical Data

The historical data trend for Touchpoint Group Holdings'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.

Touchpoint Group Holdings Net Income Chart

Touchpoint Group Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.43 -13.77 -6.51 -3.55 -5.20

Touchpoint Group Holdings Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -0.69 -2.03 -1.03 -1.49 -2.57

Touchpoint Group Holdings 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

Touchpoint Group Holdings's Net Income for the fiscal year that ended in Dec. 2021 is calculated as

Net Income(A: Dec. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-5.195+0+0+0
=-5.20

Touchpoint Group Holdings's Net Income for the quarter that ended in Sep. 2022 is calculated as

Net Income(Q: Sep. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.967+0+-1.6+0
=-2.57

Net Income for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.12 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.


Touchpoint Group Holdings  (OTCPK:TGHI) 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:

Touchpoint Group Holdings's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2022 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.


Touchpoint Group Holdings Net Income Related Terms

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Touchpoint Group Holdings (Touchpoint Group Holdings) Business Description

Traded in Other Exchanges
N/A
Address
4300 Biscayne Boulelvard, Suite 203, Miami, FL, USA, 33137
Touchpoint Group Holdings Inc is a media and digital technology company. The company through its subsidiaries develops software that supplies a robust fan engagement platform designed to enhance the fan experience and drive commercial aspects of the sports and entertainment business. The software brings the users to engage with clubs, favorite players, peers, and relevant brands through features that include live streaming, access to limited edition merchandise, gamification, user rewards, third-party-branded offers, credit cards, and associated benefits.
Executives
Zhanming Wu 10 percent owner ROOM 703, BUILDING NO. 5, NO. 868 PUMING ROAD, SHANGHAI F4 200120
Ajing Zhang director ROOM 901, NO. 4, LANE 999, SHI LONG ROAD, XUHUI DISTRICT, SHANGHAI F4 200237
Pengfei Li director ROOM 601, NO. 11, LANE 1188, SOUTH WANPING ROAD, XUHUI DISTRICT, SHANGHAI F4 200232
Edwin Lun officer: Chief Operating Officer ROOM 1808,18/F HUTCHISON HSE.10 HARCOURT, HONG KONG F4 XXXXXXX
Mark Brian White director, 10 percent owner, officer: Chief Executive Officer IMMEUBLE MILA, CHAMPERY V8 1874
Martin Christopher Ward director, officer: Chief Financial Officer CHALKSTREAM, KINGS SOMBORNE, STOCKBRIDGE X0 S020 6NZ
Robert Paul Vogler director INDUSTRIESTRASSE 40, ZUG V8 CH6300
Robert Philip Law director 2 TOWER MEWS, SALISBURY X0 SP1 3DJ
Charles Richard Vos director 45 STAR STREET, LONDON X0 W2 1QA
Nicholas Paul Carpinello director 1686 BEECHSHIRE DRIVE, CINCINNATI OH 45255
Stephen Michael Austin director 39 TEMPLE FORTUNE HILL, LONDON X0 NW11 7XP
Brian James Collins director, 10 percent owner, officer: VP, Chief Technology Officer HEIDWEG 7B, KLOSTERS V8 7250
John D Hannesson officer: Exec VP, Secretary 18661 VIA PALATINO, IRVINE CA 92603
Kenneth F Raznick director, 10 percent owner, officer: Chairman of the Board ONE WAKONDA, DOVE CANYON CA 92679
Mark Dicamillo officer: Exec VP, COO ONE WAKONDA, DOVE CANYON CA 92679