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ARHT Media (ARHT Media) Net Income : $-8.06 Mil (TTM As of Sep. 2023)


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What is ARHT Media 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. ARHT Media's Net Income for the three months ended in Sep. 2023 was $-2.30 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was $-8.06 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. ARHT Media's Earnings per Share (Diluted) for the three months ended in Sep. 2023 was $-0.01.


ARHT Media Net Income Historical Data

The historical data trend for ARHT Media'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.

ARHT Media Net Income Chart

ARHT Media Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Dec19 Dec20 Dec21 Dec22
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.84 -2.86 -2.88 -4.18 -5.58

ARHT Media Quarterly Data
Oct18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -1.19 -2.13 -2.05 -1.58 -2.30

ARHT Media 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

ARHT Media's Net Income for the fiscal year that ended in Dec. 2022 is calculated as

Net Income(A: Dec. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-5.577+0+0+0
=-5.58

ARHT Media's Net Income for the quarter that ended in Sep. 2023 is calculated as

Net Income(Q: Sep. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-2.304+0+0+0
=-2.30

Net Income for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8.06 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.


ARHT Media  (OTCPK:ARHTF) 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:

ARHT Media's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 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.


ARHT Media Net Income Related Terms

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ARHT Media (ARHT Media) Business Description

Traded in Other Exchanges
Address
195 Bentworth Avenue, Unit 2, Toronto, ON, CAN, M6A 1P9
ARHT Media Inc engages in the creation, transmission, and delivery of digital human hologram. The company offers HumaGrams which are interactive human holograms generated using Augmented Reality Holographic Technology (ARHT), which allows its customers to interact and conduct real-time e-commerce with consumers, as well as to provide analytics back to retailers through the platform. This platform supports various markets, such as seminars, conferences, trade shows, corporate meetings, education, and live events, and digital signages. The company's geographical segments include Canada; the United States; Europe and the Middle East; and Asia.

ARHT Media (ARHT Media) Headlines