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PreVu (PRVU) Net Income : $-78.6 Mil (TTM As of Apr. 2008)


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What is PreVu 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. PreVu's Net Income for the three months ended in Apr. 2008 was $-22.4 Mil. Its Net Income for the trailing twelve months (TTM) ended in Apr. 2008 was $-78.6 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. PreVu's Earnings per Share (Diluted) for the three months ended in Apr. 2008 was $-0.60.


PreVu Net Income Historical Data

The historical data trend for PreVu'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.

PreVu Net Income Chart

PreVu Annual Data
Trend Jan98 Jan99 Jan00 Jan01 Jan02 Jan03 Jan04 Jan05 Jan06 Jan07
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -80.90 -33.58 -23.58 12.21 -33.10

PreVu Quarterly Data
Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Apr08
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 -21.27 -29.38 -18.52 -8.38 -22.36

PreVu 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

PreVu's Net Income for the fiscal year that ended in Jan. 2007 is calculated as

Net Income(A: Jan. 2007 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-37.472+4.377+0+0
=-33.1

PreVu's Net Income for the quarter that ended in Apr. 2008 is calculated as

Net Income(Q: Apr. 2008 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-13.381+-0.023+-8.96+0
=-22.4

Net Income for the trailing twelve months (TTM) ended in Apr. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $-78.6 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.


PreVu  (OTCPK:PRVU) 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:

PreVu's Earnings per Share (Diluted) (EPS) for the quarter that ended in Apr. 2008 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.


PreVu Net Income Related Terms

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PreVu (PRVU) Business Description

Traded in Other Exchanges
N/A
Address
7401 Boone Avenue North, Brooklyn Park, MN, USA, 55428
PreVu Inc is a retailer of leather outerwear, accessories and apparel in the United States. The company's products include men's and women's fashion leather jackets, handbags and other accessories.
Executives
William F Farley director 700 SOUTH SECOND STREET, #90, MINNEAPOLIS MN 55402
Michael M Searles director, officer: Chief Executive Officer 7401 BOONE AVENUE NORTH BROOKLYN PARK MN 55428
Michael T Sweeney director GOLDNER HAWN, 3700 WELLS FARGO CENTER, 90 SOUTH 7TH ST, MINNEAPOLIS MN 55402
R. Ted Weschler, director, 10 percent owner 404B EAST MAIN STREET, 2ND FLOOR, CHARLOTTESVILLE VA 22902
Peninsula Investment Partners, L.p. 10 percent owner 404B EAST MAIN STREET, 2ND FLOOR, CHARLOTTESVILLE, VA 22902
Peninsula Capital Advisors Llc 10 percent owner 404B EAST MAIN STREET, 2ND FLOOR, CHARLOTTESVILLE, VA 22902
Michael T Cowhing director C/O NEWELL RUBBERMAID INC., THREE GLENLAKE PKWY., ATLANTA 2Q 30328
Michael J Mccoy director 1 HORMEL PLACE, AUSTIN TX 55912
Peter G Michielutti officer: Executive VP, CFO & COO 2400 XENIUM LANE NORTH PLYMOUTH MN 55441
Joel N Waller director 2400 XENIUM LANE NORTH PLYMOUTH MN 55441
Lyle Berman director 10275 WAYZATA BOULEVARD, SUITE 100, MINNETONKA MN 55305
Cheryl L Vitali director
Jenele C Grassle officer: Vice President 605 HWY 169 N, SUITE 400, MINNEAPOLIS MN 55441

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