AVNI has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
AVNI has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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. Arvana's Net Income for the three months ended in Sep. 2024 was $-0.10 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was $-0.53 Mil.
Net Income is linked to the most popular Earnings per Share (Diluted) number. Arvana's Earnings per Share (Diluted) for the three months ended in Sep. 2024 was $-0.00.
The historical data trend for Arvana'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.
Arvana Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Net Income | Get a 7-Day Free Trial |
![]() |
![]() |
0.11 | -0.48 | -12.12 | -0.15 | -1.32 |
Arvana Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Net Income | Get a 7-Day Free Trial |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
-0.12 | -0.15 | -0.13 | -0.15 | -0.10 |
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
Arvana'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 |
= | -1.317 | + | 0 | + | 0 | + | 0 |
= | -1.32 |
Arvana's Net Income for the quarter that ended in Sep. 2024 is calculated as
Net Income | (Q: Sep. 2024 ) | ||||||
= | Pre-Tax Income | + | Tax Provision | + | Net Income (Discontinued Operations) | + | Others |
= | -0.102 | + | 0 | + | 0 | + | 0 |
= | -0.10 |
Net Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.53 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.
Arvana (OTCPK:AVNI) 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:
Arvana's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2024 is calculated as
Earnings per Share (Diluted) (Q: Sep. 2024 ) | = | (Net Income | - | Preferred Dividends) | / | Shares Outstanding (Diluted Average) |
= | (-0.102 | - | 0) | / | 107.839 | |
= | -0.00 |
* 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 businessThe 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.
Thank you for viewing the detailed overview of Arvana's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.
Brian Lovig | 10 percent owner | 601 UNION STREET, 42ND FLOOR, SEATTLE WA 98101 |
Bondock Llc | 10 percent owner | 1057 WHITNEY RANCH DRIVE, SUITE 350, HENDERSON NV 89014 |
Carl Dawson | director | 21650 OXNARD STREET, UNITE 1405, WOODLANDHILLS CA 91367 |
Matthew Bentley Hoover | director | 5420 YOLANDA AVE, #111, TARZANA CA 91356 |
Alkiviades David | 10 percent owner, other: Indirect beneficial owner | 338 N. CANON DRIVE, 3RD FLOOR, BEVERLY HILLS CA 90210 |
Altaf Nazerali | 10 percent owner | 555 PALISADE DR, V6R 2H9, N VANCOUVER BC A1 |
Biltmore International Corporation | 10 percent owner | 1090 KING GEORGES POST ROAD, SUITE 203, EDISON NJ 08837 |
Shawn Michael Teigen | director | 163 WILLIAMS AVE, SALT LAKE CITY UT 84111 |
Ruairidh Campbell | director, officer: CEO,CRO,PAO | 600 WESTWOOD TERRACE, AUSTIN TX 78746 |
Wayne Nathan Smith | officer: Chief Financial Officer | 1015 IRONWORK PASSAGE, VANCOUVER A1 V6H 3R4 |
Brulex - Consultadoria Economica E Marketing Lda | 10 percent owner | RUA DA ALFANDEGA 13, 9000-059 FUNCHAL, MADEIRA S1 0000 |
Karen Engleson | officer: CORPORATE SECRETARY | SUITE 2610 - 1066 WEST HASTINGS STREET, VANCOUVER A1 V6E 3X2 |
Jervis Michael John Stewart | director | SUITE 2610, 1066 WEST HASTINGS ST, VANCOUVER A1 V6E 3X2 |
Ross Wilmot | director | 13548 19TH AVE., V4A 6B4, S. SURREY BC A1 00000 |
Teyfik Oezcan | officer: Vice-President, Europe | HALLOTEL DEUTSCHLAND GMBH, OTTO-HAHN STRASSE 8, LANGEN 2M 63225 |
From GuruFocus
By ACCESSWIRE • 06-29-2023
By ACCESSWIRE ACCESSWIRE • 04-18-2023
By ACCESSWIRE • 12-20-2024
By ACCESSWIRE ACCESSWIRE • 02-04-2023
By ACCESSWIRE • 05-21-2024
By ACCESSWIRE ACCESSWIRE • 10-26-2022
By ACCESSWIRE ACCESSWIRE • 02-23-2023
By ACCESSWIRE ACCESSWIRE • 04-12-2023
By ACCESSWIRE • 01-11-2024
By ACCESSWIRE ACCESSWIRE • 11-16-2022
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.