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Phoenix Footwear Group (Phoenix Footwear Group) Net Income : $-0.91 Mil (TTM As of Dec. 2023)


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What is Phoenix Footwear 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. Phoenix Footwear Group's Net Income for the three months ended in Dec. 2023 was $-0.22 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.91 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Phoenix Footwear Group's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.02.


Phoenix Footwear Group Net Income Historical Data

The historical data trend for Phoenix Footwear 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.

Phoenix Footwear Group Net Income Chart

Phoenix Footwear Group Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec18 Dec19 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.71 0.41 -0.16 1.43 -0.91

Phoenix Footwear Group Quarterly Data
Mar10 Jun10 Sep10 Dec10 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 0.95 -0.03 -0.20 -0.47 -0.22

Phoenix Footwear 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

Phoenix Footwear 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
=-0.919+0.007+0+0
=-0.91

Phoenix Footwear 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
=-0.226+0.007+0+0
=-0.22

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 $-0.91 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.


Phoenix Footwear Group  (OTCPK:PXFG) 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:

Phoenix Footwear 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.


Phoenix Footwear Group Net Income Related Terms

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Phoenix Footwear Group (Phoenix Footwear Group) Business Description

Traded in Other Exchanges
N/A
Address
2236 Rutherford Road, Suite 113, Carlsbad, CA, USA, 92008
Phoenix Footwear Group Inc operates in the footwear industry. It is engaged in the manufacturing and distribution of footwear in a range of sizes and widths under the brand's Trotters, SoftWalk, SAVA, and Bueno. The company's distribution channels include specialty and independent retail stores, mail order catalogs, uniforms, and internet retailers. It also operates it's own direct-to-consumer internet retail business for all its brands.
Executives
Riedman Corp other: member of 10% group 45 EAST AVENUE ROCHESTER NY 14604
Steven Tannenbaum 10 percent owner 125 COUNTRY CLUB ROAD NEWTON MA 02459
Greenwood Investments, Inc. 10 percent owner 222 BERKELEY STREET 12TH FLOOR BOSTON MA 02116
Greenwood Capital Limited Partnership 10 percent owner 222 BERKELEY STREET 12TH FLOOR BOSTON MA 02116
Greenwood Investors Limited Partnership 10 percent owner 222 BERKELEY STREET FLOOR 17 BOSTON MA 02116
Gregory W Slack officer: CFO 2765 LOKER AVENUE WEST CARLSBAD CA 92010
Robby Lee Carter other: Executive Vice President 303 YARD DRIVE LAKE ST. LOUIS MO 63367
Kevin G Wulff director 1740 MONROVIA AVENUE COSTA MESA CA 92627
Dennis Nelson officer: CFO, Secretary and Treasurer 5840 EL CAMINO REAL, SUITE 106, CARLSBAD CA 92008
Cathy B Taylor director, officer: Chief Executive Officer 5840 EL CAMINO REAL SUITE 106 CARLSBAD CA 92008
Paul Douglas Ford officer: Senior VP of Operations 5840 EL CAMINO REAL SUITE 106 CARLSBAD CA 92008
Willie Pfander director, officer: Senior VP-Sourcing and Develop
Greg Harden director
Steven Deperrier director
John C Kratzer director PO BOX 116 4806 EL MARLO RANCHO SANTA FE CA 92067

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