EXPL (Endurance Exploration Group) Net Income: $-0.39 Mil (TTM As of Sep. 2018)


What is Endurance Exploration Group Net Income?

Endurance Exploration Group EXPL +1,328.57% Net Income is $-0.39 Mil as of Sep. 2018.

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. Endurance Exploration Group's Net Income for the three months ended in Sep. 2018 was $-0.08 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2018 was $-0.39 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Endurance Exploration Group's Earnings per Share (Diluted) for the three months ended in Sep. 2018 was $-0.00.

Endurance Exploration Group  (OTCPK:EXPL) 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:

Endurance Exploration Group's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2018 is calculated as

Earnings per Share (Diluted) (Q: Sep. 2018 )=(Net Income-Preferred Dividends)/Shares Outstanding (Diluted Average)
=(-0.08-0)/43.729
=-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 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.

Endurance Exploration Group Net Income Related Terms

Endurance Exploration Group Net Income Historical Data

* Premium members only.

The historical data trend for Endurance Exploration Group'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.

Endurance Exploration Group Net Income Chart

Endurance Exploration Group Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Dec14 Dec15 Dec16 Dec17
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.68 -0.97 -0.38 -0.38

Endurance Exploration Group Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 -0.12 -0.04 -0.08 -0.19 -0.08

Endurance Exploration Group 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

Endurance Exploration Group's Net Income for the fiscal year that ended in Dec. 2017 is calculated as

Net Income(A: Dec. 2017 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.377+0+0+0
=-0.38

Endurance Exploration Group's Net Income for the quarter that ended in Sep. 2018 is calculated as

Net Income(Q: Sep. 2018 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.08+0+0+0
=-0.08

Net Income for the trailing twelve months (TTM) ended in Sep. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.39 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 $-0.39 Mil mean?
Endurance Exploration Group (EXPL) has a Net Income of $-0.39 Mil as of Sep. 2018. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Endurance Exploration Group and its competitors.
Is Endurance Exploration Group's Net Income too high?
Endurance Exploration Group's current Net Income is $-0.39 Mil.
How does Endurance Exploration Group's Net Income compare to NESCQ and SENR?
Endurance Exploration Group's Net Income of $-0.39 Mil can be compared against companies in the Waste Management 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 a Waste Management company?
A good Net Income depends on the Waste Management 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 Endurance Exploration Group and its competitors. Endurance Exploration Group's current Net Income is $-0.39 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Endurance Exploration Group stock overvalued right now?
Endurance Exploration Group (EXPL) has a current Net Income of $-0.39 Mil. The current Net Income is $-0.39 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 Endurance Exploration Group (EXPL), the current Net Income is $-0.39 Mil as of Sep. 2018. 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.

Endurance Exploration Group Business Description

Address 15500 Roosevelt Boulevard, Suite 301, Clearwater, FL, USA, 33760
Endurance Exploration Group Inc is engaged in the exploration and recovery of deep-ocean shipwrecks across various countries. The company is focused on recovering bullion precious metals numismatic-grade coinage, high-value non-ferrous metals and other valuable cargos from both historic and modern shipwrecks. Its project consists of Project Connaught and Project Black Marlin. The Project Connaught is a steam-powered packet ship that transport cargo and passengers between Great Britain and the United States. Its Project Black Marlin is a vessel engaged in the trading activities.