GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Via Renewables Inc (NAS:VIA) » Definitions » Net Income
中文

Via Renewables (Via Renewables) Net Income

: $15.0 Mil (TTM As of Dec. 2023)
View and export this data going back to 2014. Start your Free Trial

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. Via Renewables's Net Income for the three months ended in Dec. 2023 was $-0.3 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $15.0 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Via Renewables's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.95.


Via Renewables Net Income Historical Data

The historical data trend for Via Renewables'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.

Via Renewables Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.45 27.31 3.73 7.58 14.98

Via Renewables Quarterly Data
Mar19 Jun19 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 Premium Member Only -9.13 -0.19 7.98 7.52 -0.34

Via Renewables 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

Via Renewables'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
=37.247+-11.142+0+-11.13
=15.0

Via Renewables'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
=3.674+-4.543+0+0.531
=-0.3

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 $15.0 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.


Via Renewables  (NAS:VIA) 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:

Via Renewables'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.


Via Renewables Net Income Related Terms

Thank you for viewing the detailed overview of Via Renewables's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Via Renewables (Via Renewables) Business Description

Traded in Other Exchanges
Address
12140 Wickchester Lane, Suite 100, Houston, TX, USA, 77079
Via Renewables Inc is an independent retail energy services company. It provides residential and commercial customers in competitive markets across the United States with an alternative choice for natural gas and electricity. Via Renewables offers its customers a variety of product and service choices, including stable and predictable energy costs and green product alternatives. Its segments are Retail Electricity and Retail Natural Gas. The key revenue is derived from the Retail Electricity segment in which the company purchase electricity supply through physical and financial transactions with market counterparties and ISOs and supplies electricity to residential and commercial consumers pursuant to fixed-price and variable-price contracts.
Executives
Andrew Stephen Kennedy director 12140 WICKCHESTER LANE, SUITE 100, HOUSTON TX 77079
Maxwell W Keith Iii director, 10 percent owner 12140 WICKCHESTER LANE, SUITE 100, HOUSTON TX 77079
Amanda Bush director 12140 WICKCHESTER LN, SUITE 100, HOUSTON TX 77057
Barbara Clay officer: Acting General Counsel and Sec C/O GOOD COUNSEL SERVICES, LLC, 111 FARMS ROAD, STAMFORD CT 06903
Mike Barajas officer: Chief Financial Officer 12140 WICKCHESTER LN, STE 100, HOUSTON TX 77079
Paul Konikowski officer: Chief Operating Officer 12140 WICKCHESTER LN, STE 100, HOUSTON TX 77079
Jones James G Ii director 12140 WICKCHESTER LN, SUITE 100, HOUSTON TX 77079
Evans Nick W Jr director 6205 PEACHTREE DUNWOODY ROAD, ATLANTA GA 30328
Kevin M Mcminn officer: Chief Operating Officer 12140 WICKCHESTER LANE, SUITE 100, HOUSTON TX 77079
Nathan Kroeker director, officer: See Remarks 12160 WICKCHESTER LN, SUITE 100, HOUSTON TX 77079
Gil Melman officer: See Remarks 12140 WICKCHESTER LN, SUITE 100, HOUSTON TX 77079
Jason K. Garrett officer: Executive Vice President 2105 CITYWEST BLVD., SUITE 100, HOUSTON TX 77042
Robert Lawrence Lane officer: Vice President and CFO 12140 WICKCHESTER LANE, SUITE 100, HOUSTON TX 77079
Kenneth Michael Hartwick director 200 CLARENDON STREET, BOSTON MA 02116
Electric Holdco, Llc 10 percent owner 12140 WICKCHESTER LANE, SUITE 100, HOUSTON TX 77079