AVI (Advantage Insurance) Net Income: $1.47 Mil (TTM As of Sep. 2017)

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What is Advantage Insurance Net Income?

Advantage Insurance AVI Net Income is $1.47 Mil as of Sep. 2017.

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. Advantage Insurance's Net Income for the six months ended in Sep. 2017 was $-1.09 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2017 was $1.47 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Advantage Insurance's Earnings per Share (Diluted) for the six months ended in Sep. 2017 was $.


Advantage Insurance  (NYSE:AVI) 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:

Advantage Insurance's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2017 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.


Advantage Insurance Net Income Related Terms


Advantage Insurance Net Income Historical Data

* Premium members only.

The historical data trend for Advantage Insurance'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.

Advantage Insurance Net Income Chart

Advantage Insurance Annual Data
Trend Dec15 Dec16
Net Income
6.87 6.48

Advantage Insurance Semi-Annual Data
Dec15 Sep16 Dec16 Sep17
Net Income 22.55 1.58 2.56 -1.09

Advantage Insurance 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

Advantage Insurance's Net Income for the fiscal year that ended in Dec. 2016 is calculated as

Net Income(A: Dec. 2016 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=6.628+-0.146+0+0
=6.48

Advantage Insurance's Net Income for the quarter that ended in Sep. 2017 is calculated as

Net Income(Q: Sep. 2017 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.701+-0.391+0+0
=-1.09

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Net Income for the trailing twelve months (TTM) ended in Sep. 2017 was $1.47 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.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of $1.47 Mil mean?
Advantage Insurance (AVI) has a Net Income of $1.47 Mil as of Sep. 2017. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Advantage Insurance and its competitors.
Is Advantage Insurance's Net Income too high?
Advantage Insurance's current Net Income is $1.47 Mil.
How does Advantage Insurance's Net Income compare to ?
Advantage Insurance's Net Income of $1.47 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for an Insurance company?
A good Net Income depends on the Insurance industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Advantage Insurance and its competitors. Advantage Insurance's current Net Income is $1.47 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advantage Insurance stock overvalued right now?
Advantage Insurance (AVI) has a current Net Income of $1.47 Mil. The current Net Income is $1.47 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Advantage Insurance (AVI), the current Net Income is $1.47 Mil as of Sep. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Advantage Insurance Business Description

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