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Hydrofarm Holdings Group (Hydrofarm Holdings Group) Net Income : $-64.8 Mil (TTM As of Dec. 2023)


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What is Hydrofarm Holdings Group 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. Hydrofarm Holdings Group's Net Income for the three months ended in Dec. 2023 was $-15.2 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-64.8 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Hydrofarm Holdings Group's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.33.


Hydrofarm Holdings Group Net Income Historical Data

The historical data trend for Hydrofarm Holdings Group'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.

Hydrofarm Holdings Group Net Income Chart

Hydrofarm Holdings Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial -40.08 -7.27 13.42 -285.42 -64.81

Hydrofarm Holdings Group Quarterly Data
Dec18 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 -35.27 -16.85 -12.87 -19.88 -15.22

Hydrofarm Holdings Group 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

Hydrofarm Holdings Group'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
=-65.026+0.213+0+0
=-64.8

Hydrofarm Holdings Group'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
=-15.346+0.131+0+0
=-15.2

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 $-64.8 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.


Hydrofarm Holdings Group  (NAS:HYFM) 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:

Hydrofarm Holdings Group'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.


Hydrofarm Holdings Group Net Income Related Terms

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Hydrofarm Holdings Group (Hydrofarm Holdings Group) Business Description

Traded in Other Exchanges
Address
1510 Main Street, Shoemakersville, PA, USA, 19526
Hydrofarm Holdings Group Inc is a distributor and manufacturer of agriculture equipment and supplies. Some of its products include lighting solutions, growing media (i.e., premium soils and soil alternatives), nutrients, equipment, and supplies sold under proprietary, exclusive/preferred brands, or non-exclusive/distributed brands. The business is organized into two operating segments, the U.S. and Canada.
Executives
William Douglas Toler director, officer: CEO and Chairman of the Board 1 EAST ARMOUR BOULEVARD, KANSAS CITY MO 64111
Kevin Patrick O'brien officer: Chief Accounting Officer C/O CPI CARD GROUP INC., 10026 W. SAN JUAN WAY, SUITE 200, LITTLETON CO 80127
Terence Fitch officer: President 32 ORLE CIR, LITTLE ROCK AR 72223
Mark S Parker officer: Executive Vice President C/O HYDROFARM HOLDINGS GROUP, INC., 1510 MAIN STREET, SHOEMAKERSVILLE PA 19526
Patrick Chung director 13 CARNATION RD, THORNHILL A6 L3T 7V3
Joseph D Rumley officer: Chief Accounting Officer 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Renah Persofsky director 55 PRINCE ARTHUR AVENUE, #604, TORONTO A6 M5R 1B3
Susan Peters director 40 OLD MILITARY ROAD, HILTON HEAD SC 29928
Richard D Moss director 1715 WEST 38TH STREET, CHATTANOOGA TN 37409
Bruce John Lindeman officer: CFO 1500 PATHFINDER AVENUE, WESTLAKE VILLAGE CA 91362
Melisa Denis director 627 WESTHAVEN RD., COPPELL TX 75019
Chris Payne 10 percent owner C/O HAWTHORN EQUITY PARTNERS INC., PO BOX 1061, TORONTO DOMINION A6 M5K 1P2
John Tomes 10 percent owner C/O HAWTHORN EQUITY PARTNERS INC., PO BOX 1061, TORONTO DOMINION A6 M5K 1P2
Peter Wardenburg 10 percent owner 3 BEYER CT., NOVATO CA 94945