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Atlas Financial Holdings (Atlas Financial Holdings) Net Income : $-12.65 Mil (TTM As of Sep. 2022)


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What is Atlas Financial Holdings 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. Atlas Financial Holdings's Net Income for the three months ended in Sep. 2022 was $-3.75 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2022 was $-12.65 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Atlas Financial Holdings's Earnings per Share (Diluted) for the three months ended in Sep. 2022 was $.


Atlas Financial Holdings Net Income Historical Data

The historical data trend for Atlas Financial Holdings'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.

Atlas Financial Holdings Net Income Chart

Atlas Financial Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -38.81 -80.01 -20.43 -12.73 -5.67

Atlas Financial Holdings Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -4.06 0.28 -4.15 -5.03 -3.75

Atlas Financial Holdings 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

Atlas Financial Holdings's Net Income for the fiscal year that ended in Dec. 2021 is calculated as

Net Income(A: Dec. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-5.833+0+0.165+0
=-5.67

Atlas Financial Holdings's Net Income for the quarter that ended in Sep. 2022 is calculated as

Net Income(Q: Sep. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-3.746+0+0+0
=-3.75

Net Income for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-12.65 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.


Atlas Financial Holdings  (OTCPK:AFHBQ.PFD) 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:

Atlas Financial Holdings's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2022 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.


Atlas Financial Holdings Net Income Related Terms

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Atlas Financial Holdings (Atlas Financial Holdings) Business Description

Traded in Other Exchanges
N/A
Address
953 American Lane, 3rd Floor, Schaumburg, Chicago, IL, USA, 60173
Atlas Financial Holdings Inc is engaged in the business of underwriting commercial automobile insurance in the United States. It focuses on the light commercial automobile sector, which includes taxi cabs, non-emergency para-transit, limousine, livery, and business auto. Its automobile insurance products provide insurance coverage in three major areas: liability, accident benefits, and physical damage. The company distributes its insurance products through a network of retail independent agents.
Executives
Steven D Scheiwe director 1741 EDGEFIELD LANE, ENCINITAS CA 92024
Mark E Holliday director 257 SW MARCONI AVENUE, PORTLAND OR 97201
American Financial Group Inc 10 percent owner GREAT AMERICAN INSURANCE GROUP TOWER, 301 E. 4TH STREET, CINCINNATI OH 45202
Ronald Konezny director C/O DIGI INTERNATIONAL INC., 9350 EXCELSIOR BLVD, SUITE 700, HOPKINS MN 55343
Walter Frederick Walker director 14419 GREENWOOD AVE. N, STE A 418, SEATTLE WA 98133
Ellbar Partners Management, Llc 10 percent owner 15 E 5TH STREET-SUITE 3200, TULSA OK 74103
Stephen J Heyman 10 percent owner 15 EAST 5TH STREET, SUITE 3200, TULSA OK 74103
James F Adelson 10 percent owner 15 EAST 5TH STREET, SUITE 3200, TULSA OK 74103
Magnolia Capital Partners, Llc 10 percent owner 15 E. 5TH STREET, SUITE 3200, TULSA OK 74103
Fitzgerald John Taylor Maloney director KINGSWAY FINANCIAL SERVICES INC., 150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Swets Larry G Jr director 105 S. MAPLE ST., ITASCA IL 60143
Kingsway America Inc 10 percent owner 150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Jordan Kupinsky director 395 BROOKE AVENUE, TORONTO A6 M5M2L5
Gordon G Pratt director, officer: Chairman of the Board 1101 BRICKELL AVENUE, SOUTH TOWER, 8TH FLOOR, MIAMI FL 33131
Leslie Dimaggio other: Subsidiary Director/Vice Pres 715 BARBERRY TRAIL, FOX RIVER GROVE IL 60021

Atlas Financial Holdings (Atlas Financial Holdings) Headlines

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