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Fuse Group Holding (Fuse Group Holding) Net Income : $-0.29 Mil (TTM As of Mar. 2024)


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What is Fuse Group Holding 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. Fuse Group Holding's Net Income for the three months ended in Mar. 2024 was $-0.02 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.29 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Fuse Group Holding's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $-0.00.


Fuse Group Holding Net Income Historical Data

The historical data trend for Fuse Group Holding'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.

Fuse Group Holding Net Income Chart

Fuse Group Holding Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Net Income
Get a 7-Day Free Trial Premium Member Only -0.08 -0.05 -1.02 -0.44 -0.48

Fuse Group Holding Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.14 -0.11 -0.11 -0.06 -0.02

Fuse Group Holding 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

Fuse Group Holding's Net Income for the fiscal year that ended in Sep. 2023 is calculated as

Net Income(A: Sep. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.472+-0.002+0+-0.001
=-0.48

Fuse Group Holding's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.017+0+0+0
=-0.02

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.29 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.


Fuse Group Holding  (OTCPK:FUST) 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:

Fuse Group Holding's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2024 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.


Fuse Group Holding Net Income Related Terms

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Fuse Group Holding (Fuse Group Holding) Business Description

Traded in Other Exchanges
N/A
Address
805 West, Duarte Road, Suite 102, Arcadia, CA, USA, 91007
Fuse Group Holding Inc provides consulting services to mining industry clients to find acquisition targets within the parameters set by the clients when the mine owner is considering selling its mining rights. The services of Fuse Group include due diligence on the potential mine seller and the mine, such as ownership of the mine and whether the mine meets all operational requirements and is currently in operation. Currently, the Company also seeks business opportunities in the biotech area.
Executives
Michael J Viotto director, officer: Chief Finanical Officer 444 E. HUNTINGTON DR., SUITE 105, ARCADIA CA 91006
Umesh Patel director, officer: CEO, President 6565 E. WASHINGTON BLVD, C/O NOVA LIFESTYLE, INC., COMMERCE CA 90040
Landbond Home Ltd 10 percent owner UNIT-B, 19/F HILLER COMMERCIAL BLDG, 89-91 WING LOK STREET, SHEUNG WAN K3 000000000

Fuse Group Holding (Fuse Group Holding) Headlines