GEGP (Gold Enterprise Group) Net Income: $-0.02 Mil (TTM As of Jan. 2018)

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What is Gold Enterprise Group Net Income?

Gold Enterprise Group GEGP -90.00% Net Income is $-0.02 Mil as of Jan. 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. Gold Enterprise Group's Net Income for the three months ended in Jan. 2018 was $0.01 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jan. 2018 was $-0.02 Mil.

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

Gold Enterprise Group  (OTCPK:GEGP) 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:

Gold Enterprise Group's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jan. 2018 is calculated as

Earnings per Share (Diluted) (Q: Jan. 2018 )=(Net Income-Preferred Dividends)/Shares Outstanding (Diluted Average)
=(0.012-0)/9239.018
=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.

Gold Enterprise Group Net Income Related Terms

Gold Enterprise Group Net Income Historical Data

* Premium members only.

The historical data trend for Gold Enterprise 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.

Gold Enterprise Group Net Income Chart

Gold Enterprise Group Annual Data
Trend Jan02 Jan03 Jan04 Jan16 Jan17 Jan18
Net Income
Get a 7-Day Free Trial -0.11 -0.00 -0.04 -0.04 -0.03

Gold Enterprise Group Quarterly Data
Oct01 Jan02 Apr02 Jul02 Oct02 Jan03 Apr03 Jul03 Oct03 Jan04 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18
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 -0.02 -0.00 -0.01 -0.02 0.01

Gold Enterprise 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

Gold Enterprise Group's Net Income for the fiscal year that ended in Jan. 2018 is calculated as

Net Income(A: Jan. 2018 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.041+0+0+0.015
=-0.03

Gold Enterprise Group's Net Income for the quarter that ended in Jan. 2018 is calculated as

Net Income(Q: Jan. 2018 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.004+0+0+0.016
=0.01

Net Income for the trailing twelve months (TTM) ended in Jan. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 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 $-0.02 Mil mean?
Gold Enterprise Group (GEGP) has a Net Income of $-0.02 Mil as of Jan. 2018. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Gold Enterprise Group and its competitors.
Is Gold Enterprise Group's Net Income too high?
Gold Enterprise Group's current Net Income is $-0.02 Mil.
How does Gold Enterprise Group's Net Income compare to NTN and RLJE?
Gold Enterprise Group's Net Income of $-0.02 Mil can be compared against companies in the Medical Distribution 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 Medical Distribution company?
A good Net Income depends on the Medical Distribution 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 Gold Enterprise Group and its competitors. Gold Enterprise Group's current Net Income is $-0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Enterprise Group stock overvalued right now?
Gold Enterprise Group (GEGP) has a current Net Income of $-0.02 Mil. The current Net Income is $-0.02 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 Gold Enterprise Group (GEGP), the current Net Income is $-0.02 Mil as of Jan. 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.

Gold Enterprise Group Business Description

Address 2412 Irwin Street, Melbourne, FL, USA, 32901
Gold Enterprise Group Inc, formerly Gold Entertainment Group Inc is engaged in the Distribution of orthopedic products. Its products include medical devices.