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Foodfest International 2000 (Foodfest International 2000) Net Income : $-0.85 Mil (TTM As of Sep. 2011)


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What is Foodfest International 2000 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. Foodfest International 2000's Net Income for the three months ended in Sep. 2011 was $-0.33 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2011 was $-0.85 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Foodfest International 2000's Earnings per Share (Diluted) for the three months ended in Sep. 2011 was $-0.01.


Foodfest International 2000 Net Income Historical Data

The historical data trend for Foodfest International 2000'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.

Foodfest International 2000 Net Income Chart

Foodfest International 2000 Annual Data
Trend Oct06 Oct07 Oct08 Oct09
Net Income
- -0.22 0.05 -0.61

Foodfest International 2000 Quarterly Data
Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Dec10 Mar11 Jun11 Sep11
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 -0.14 -0.23 -0.04 -0.25 -0.33

Foodfest International 2000 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

Foodfest International 2000's Net Income for the fiscal year that ended in Oct. 2009 is calculated as

Net Income(A: Oct. 2009 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0+0+0+-0.613
=-0.61

Foodfest International 2000's Net Income for the quarter that ended in Sep. 2011 is calculated as

Net Income(Q: Sep. 2011 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.329+0.004+0+0
=-0.33

Net Income for the trailing twelve months (TTM) ended in Sep. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.85 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.


Foodfest International 2000  (OTCPK:FDFT) 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:

Foodfest International 2000's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2011 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.


Foodfest International 2000 Net Income Related Terms

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Foodfest International 2000 (Foodfest International 2000) Business Description

Traded in Other Exchanges
N/A
Address
1016 9th Street, Coronado, CA, USA, 92118
Foodfest International 2000 Inc currently has no operations.

Foodfest International 2000 (Foodfest International 2000) Headlines

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