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BGSF (BGSF) Net Income : $-10.2 Mil (TTM As of Dec. 2023)


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What is BGSF 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. BGSF's Net Income for the three months ended in Dec. 2023 was $1.0 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-10.2 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. BGSF's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.09.


BGSF Net Income Historical Data

The historical data trend for BGSF'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.

BGSF Net Income Chart

BGSF Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.25 1.44 14.11 25.36 -10.22

BGSF Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.73 -16.47 2.60 2.64 1.00

BGSF 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

BGSF's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-13.161+2.938+0+-1.7763568394003E-15
=-10.2

BGSF's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1.626+-0.627+0+1.1102230246252E-16
=1.0

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-10.2 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.


BGSF  (NYSE:BGSF) 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:

BGSF's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 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.


BGSF Net Income Related Terms

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BGSF (BGSF) Business Description

Traded in Other Exchanges
Address
5850 Granite Parkway, Suite 730, Plano, TX, USA, 75024
BGSF Inc is engaged in providing temporary staffing services. The company has expertise in Real Estate, Professional, and Light Industrial sectors. The majority of its revenue comes from the Professional segment that provides skilled field talent on a nationwide basis for information technology & finance, accounting, legal and human resource client partner projects on a national basis. The services offered by the company include Staffing and Recruiting, Executive Search, Project & Consulting, and Onsite Management.
Executives
Douglas Hailey director 861 MAGGIES WAY, WATERBURY CENTER VT 05677
Donna Carroll director 5850 GRANITE PARKWAY #730, PLANO TX 75024
John R Barnett officer: CFO and Secretary 111 CONGRESSIONAL BLVD, STE 500, CARMEL IN 46032
Allen C. David Jr director 805 HUNTINGTON COURT, SOUTHLAKE TX 76092
Baum Richard L Jr director 10 KINZEL LANE, WEST ORANGE NJ 07052
Paul Seid director 22 WOODHAVEN DRIVE, NEW CITY NY 10956
Cynthia Marshall director 5850 GRANITE PARKWAY STE 730, PLANO TX 75024
Dan Hollenbach officer: CFO and Secretary C/O BG STAFFING, INC., 5850 GRANITE PARKWAY, SUITE 730, PLANO TX 75024
Beth Garvey officer: Chief Operating Officer 4528 DAFFODIL TRAIL, PLANO TX 75093
Baker L. Allen Jr. director, officer: President and CEO 7338 MAY HALL DRIVE, FRISCO TX 75034
Robert G Weinrich officer: interim CFO and Secretary 158 NATCHES TRACE, COPPELL TX 75019
Michael A Rutledge officer: CFO and Secretary 5000 LEGACY DR, SUITE 350, PLANO TX 75024