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American International Ventures (American International Ventures) Net Income : $-0.79 Mil (TTM As of Aug. 2018)


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What is American International Ventures 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. American International Ventures's Net Income for the three months ended in Aug. 2018 was $-0.59 Mil. Its Net Income for the trailing twelve months (TTM) ended in Aug. 2018 was $-0.79 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. American International Ventures's Earnings per Share (Diluted) for the three months ended in Aug. 2018 was $-0.00.


American International Ventures Net Income Historical Data

The historical data trend for American International Ventures'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.

American International Ventures Net Income Chart

American International Ventures Annual Data
Trend May09 May10 May11 May12 May13 May14 May15 May16 May17 May18
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.23 -0.56 0.23 -0.48 -0.59

American International Ventures Quarterly Data
Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Feb18 May18 Aug18
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 -0.09 -0.25 -0.03 -0.18 -0.59

American International Ventures 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

American International Ventures's Net Income for the fiscal year that ended in May. 2018 is calculated as

Net Income(A: May. 2018 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.727+0+0+0.14
=-0.59

American International Ventures's Net Income for the quarter that ended in Aug. 2018 is calculated as

Net Income(Q: Aug. 2018 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.56+0+0+-0.03
=-0.59

Net Income for the trailing twelve months (TTM) ended in Aug. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.79 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.


American International Ventures  (OTCPK:AIVN) 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:

American International Ventures's Earnings per Share (Diluted) (EPS) for the quarter that ended in Aug. 2018 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.


American International Ventures Net Income Related Terms

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American International Ventures (American International Ventures) Business Description

Traded in Other Exchanges
N/A
Address
15105 Kestrelglen Way, Lithia, FL, USA, 33547
American International Ventures Inc is an exploration-stage company. It is primarily focused on planning, developing and operating past producing precious metal properties and mines. The company principally explores for gold and silver properties. It holds interests in the Mother Lode Project, which is under construction located in Baja, Mexico. Further, in addition to its mining claims in Nevada, the group also leases certain mining claims in the Baja California, Mexico. Geographically all the business activity primarily functions through the region of Mexico.
Executives
James K Duff officer: President and CEO 3882 PLAYER DR, COEUR D ALENE ID 83815