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Earthworks Entertainment (Earthworks Entertainment) Net Income : $-2.06 Mil (TTM As of Jun. 2006)


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What is Earthworks Entertainment 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. Earthworks Entertainment's Net Income for the three months ended in Jun. 2006 was $-0.33 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2006 was $-2.06 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Earthworks Entertainment's Earnings per Share (Diluted) for the three months ended in Jun. 2006 was $-0.10.


Earthworks Entertainment Net Income Historical Data

The historical data trend for Earthworks Entertainment'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.

Earthworks Entertainment Net Income Chart

Earthworks Entertainment Annual Data
Trend Sep96 Sep97 Sep98 Sep99 Sep00 Sep01 Sep02 Sep03 Sep04 Sep05
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.12 -1.58 -1.33 -1.85 -2.51

Earthworks Entertainment Quarterly Data
Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06
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 -0.61 -0.70 -0.53 -0.49 -0.33

Earthworks Entertainment 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

Earthworks Entertainment's Net Income for the fiscal year that ended in Sep. 2005 is calculated as

Net Income(A: Sep. 2005 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-2.51+0+0+0
=-2.51

Earthworks Entertainment's Net Income for the quarter that ended in Jun. 2006 is calculated as

Net Income(Q: Jun. 2006 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0+0+0+-0.334
=-0.33

Net Income for the trailing twelve months (TTM) ended in Jun. 2006 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.06 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.


Earthworks Entertainment  (OTCPK:EWKS) 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:

Earthworks Entertainment's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2006 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.


Earthworks Entertainment Net Income Related Terms

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Earthworks Entertainment (Earthworks Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
14001 North Dallas Parkway, Suite 1200, Dallas, TX, USA, 75420
Website
Earthworks Entertainment Inc is engaged in investments and acquisitions in entertainment segments including, animation, direct response marketing, radio networks and mixed martial arts social networks.

Earthworks Entertainment (Earthworks Entertainment) Headlines

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