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Apex Global Brands (Apex Global Brands) Net Income : $-10.30 Mil (TTM As of Oct. 2020)


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What is Apex Global Brands 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. Apex Global Brands's Net Income for the three months ended in Oct. 2020 was $-5.97 Mil. Its Net Income for the trailing twelve months (TTM) ended in Oct. 2020 was $-10.30 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Apex Global Brands's Earnings per Share (Diluted) for the three months ended in Oct. 2020 was $-10.58.


Apex Global Brands Net Income Historical Data

The historical data trend for Apex Global Brands'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.

Apex Global Brands Net Income Chart

Apex Global Brands Annual Data
Trend Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.43 -7.89 -55.99 -11.54 -11.50

Apex Global Brands Quarterly Data
Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20
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 -6.83 -1.15 -1.85 -1.33 -5.97

Apex Global Brands 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

Apex Global Brands's Net Income for the fiscal year that ended in Jan. 2020 is calculated as

Net Income(A: Jan. 2020 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-13.832+2.332+0+0
=-11.50

Apex Global Brands's Net Income for the quarter that ended in Oct. 2020 is calculated as

Net Income(Q: Oct. 2020 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-6.757+0.788+0+-8.8817841970013E-16
=-5.97

Net Income for the trailing twelve months (TTM) ended in Oct. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-10.30 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.


Apex Global Brands  (OTCPK:APEX) 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:

Apex Global Brands's Earnings per Share (Diluted) (EPS) for the quarter that ended in Oct. 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.


Apex Global Brands Net Income Related Terms

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Apex Global Brands (Apex Global Brands) Business Description

Traded in Other Exchanges
N/A
Address
5990 Sepulveda Boulevard, Sherman Oaks, CA, USA, 91411
Apex Global Brands Inc is a brand marketing platform that manages a growing portfolio of fashion and lifestyle brands across multiple consumer product categories and sectors. The company currently maintains license and franchise agreements with retailers and manufacturers. The brand portfolio spans multiple consumer product categories and retail tiers including Hi-Tec, Magnum, 50 Peaks, Interceptor, Cherokee, Tony Hawk, Liz Lange, Point Cove, Carole Little, Everyday California and Sideout.
Executives
Jess M Ravich director, 10 percent owner 11766 WILSHIRE BOULEVARD, SUITE 870, LOS ANGELES CA 90025
Dwight Mamanteo director C/O GERSTEN SAVAGE LLP 600 LEXINGTON AVE., 9TH FLOOR NEW YORK NY 10022
Patricia Kay Johnson director C/O CHEROKEE INC. 5990 SEPULVEDA BOULEVARD, SUITE 600 SHERMAN OAKS CA 91411
Evan Hengel director C/O CHEROKEE INC. 5990 SEPULVEDA BOULEVARD SHERMAN OAKS CA 91411
Cove Street Capital, Llc 10 percent owner 525 SOUTH DOUGLAS STREET, SUITE 225, EL SEGUNDO CA 90245
Jeffrey Bronchick 10 percent owner 2101 EAST EL SEGUNDO BOULEVARD, SUITE 302, EL SEGUNDO CA 90245
Keith M Hull director
Robert Longnecker director 888 7TH AVENUE 17TH FLOOR NEW YORK NY 10019
Carol Baiocchi director 2184 CAMINO BRAZOS PLEASANTON CA 94566
John Mcclain director C/O THE JONES GROUP INC., 1411 BROADWAY, NEW YORK NY 10018
Steven L Brink officer: CFO 6525 FREMONT CIRCLE HUNTINGTON BEACH CA 92648
Howard B Siegel officer: President and COO
Henry Stupp director, officer: CEO 6835 VALJEAN AVENUE VAN NUYS CA 91406
Robert Galvin director 78 GOLF LANE, RIDGEFIELD CT 06877
Headlands Strategic Opportunities Fund, Lp (the Partnership) 10 percent owner ONE EMBARCADERO CENTER SUITE 1600 SAN FRANCISCO CA 94111