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Sonos Net Income

: $141 Mil (TTM As of Mar. 2022)
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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. Sonos's net income for the three months ended in Mar. 2022 was $9 Mil. Its net income for the trailing twelve months (TTM) ended in Mar. 2022 was $141 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Sonos's Earnings per Share (Diluted) for the three months ended in Mar. 2022 was $0.06.


Sonos Net Income Historical Data

The historical data trend for Sonos'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.

Sonos Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Net Income
Premium Member Only Premium Member Only -14.22 -15.60 -4.77 -20.12 158.60

Sonos Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Net Income 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 Premium Member Only Premium Member Only Premium Member Only 17.22 17.83 -8.74 123.48 8.57

Sonos 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

Sonos's Net Income for the fiscal year that ended in Sep. 2021 is calculated as

Net Income(A: Sep. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=156.925+1.67+0+0
=159

Sonos's Net Income for the quarter that ended in Mar. 2022 is calculated as

Net Income(Q: Mar. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=7.794+0.772+0+1.7763568394003E-15
=9

Net Income for the trailing twelve months (TTM) ended in Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $141 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.


Sonos  (NAS:SONO) 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:

Sonos's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 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.


Sonos Net Income Related Terms

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Sonos Business Description

Sonos logo
Traded in Other Exchanges
Address
614 Chapala Street, Santa Barbara, CA, USA, 93101
Sonos Inc is engaged in providing home sound systems. The company's product profile includes speaker sets and other accessories like boost, mounts, stands, and cables and networking. Geographically, the company operates in the Americas, Europe, the Middle East and Africa, and the Asia Pacific. Generating a majority of its revenue from the Americas.
Executives
Panay Panos director 614 CHAPALA STREET SANTA BARBARA CA 93101
Findlay Deirdre director C/O SONOS, INC. 614 CHAPALA STREET SANTA BARBARA CA 93101
Coles Joanna director C/O SNAP INC. 3000 31ST STREET SANTA MONICA CA 90405
Perri David officer: Chief Operations Officer C/O SONOS, INC. 614 CHAPALA STREET SANTA BARBARA CA 93101
Fraser Anna officer: Chief People Officer C/O SONOS INC. 614 CHAPALA STREET SANTA BARBARA CA 93101
Lazarus Edward P officer: Chief Legal Officer & Secty. C/O TRIBUNE COMPANY 435 NORTH MICHIGAN AVENUE CHICAGO IL 60611
Index Ventures Growth I (jersey) L.p. 10 percent owner NO.1 SEATON PLACE, ST. HELIER JERSEY (CHANNEL ISLANDS) XX JE4 8YJ
Volpi Michelangelo director C/O HORTONWORKS, INC. 3640 W. BAYSHORE RD. PALO ALTO CA 94303
Index Venture Growth Associates I Ltd 10 percent owner 5TH FLOOR, 44 ESPLANADE ST HELIER, CHANNEL ISLANDS Y9 JE1 3FG
Index Ventures Growth I Parallel Entrepreneur Fund (jersey) L.p. 10 percent owner NO.1 SEATON PLACE, ST. HELIER JERSEY (CHANNEL ISLANDS) XX JE4 8YJ
Yucca (jersey) Slp 10 percent owner NO. 1 SEATON PLACE ST. HELIER Y9 Y9 JE48YJ
Spence Patrick director, officer: Chief Executive Officer C/O SONOS, INC. 614 CHAPALA STREET SANTA BARBARA CA 93101
Giannetto Michael officer: Chief Financial Officer 210 CARNEGIE CENTER PRINCETON NJ 08540
Conrad Thomas director 2101 WEBSTER STREET SUITE 1650 OAKLAND CA 94612
Kkr Stream Holdings Llc 10 percent owner 9 WEST 57TH STREET, SUITE 4200 NEW YORK NY 10019

Sonos Headlines

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