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Federal Life Group (Federal Life Group) Net Income : $-4.07 Mil (TTM As of Mar. 2019)


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What is Federal Life Group 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. Federal Life Group's Net Income for the three months ended in Mar. 2019 was $-0.14 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2019 was $-4.07 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Federal Life Group's Earnings per Share (Diluted) for the three months ended in Mar. 2019 was $-0.04.


Federal Life Group Net Income Historical Data

The historical data trend for Federal Life 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.

* Premium members only.

Federal Life Group Net Income Chart

Federal Life Group Annual Data
Trend Dec16 Dec17 Dec18
Net Income
-2.00 -1.91 -4.83

Federal Life Group Quarterly Data
Dec16 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
Net Income Get a 7-Day Free Trial Premium Member Only -0.89 -1.10 -1.44 -1.39 -0.14

Federal Life 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

Federal Life Group's Net Income for the fiscal year that ended in Dec. 2018 is calculated as

Net Income(A: Dec. 2018 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-4.806+-0.02+0+0
=-4.83

Federal Life Group's Net Income for the quarter that ended in Mar. 2019 is calculated as

Net Income(Q: Mar. 2019 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.14+0.002+0+0
=-0.14

Net Income for the trailing twelve months (TTM) ended in Mar. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.07 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.


Federal Life Group  (OTCPK:FLFG) 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:

Federal Life Group's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2019 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.


Federal Life Group Net Income Related Terms

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Federal Life Group (Federal Life Group) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
3750 West Deerfield Road, Riverwoods, IL, USA, 60015
Federal Life Group Inc provides life insurance and annuity products targeted to the middle American market. Its core business activities include the sale of life insurance and fixed index and fixed rate annuities. Products offered by the company include Lifetime Coverage, Specific Period of Time Coverage, Flexible Coverage, Long-Term Growth with Fixed and Index-Linked Options, Multi-Pay Retirement Savings Plan, Single-Pay Retirement Savings Plan, Immediate Guaranteed Retirement Income, Final Expense Plan, Final Expense Plan - Limited Health Issues and Single-Pay Permanent Life.
Executives
Craig A Huff director 650 MADISON AVENUE, 26TH FLOOR, NEW YORK NY 10022
Matthew T. Popoli director, 10 percent owner 3750 WEST DEERFIELD ROAD, RIVERWOODS IL 60015
Insurance Capital Group, Llc 10 percent owner 767 FIFTH AVENUE, 16TH FLOOR, NEW YORK NY 10153

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