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NeoMagic (NeoMagic) Net Income : $-1.84 Mil (TTM As of Oct. 2010)


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What is NeoMagic 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. NeoMagic's Net Income for the three months ended in Oct. 2010 was $-0.13 Mil. Its Net Income for the trailing twelve months (TTM) ended in Oct. 2010 was $-1.84 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. NeoMagic's Earnings per Share (Diluted) for the three months ended in Oct. 2010 was $-0.00.


NeoMagic Net Income Historical Data

The historical data trend for NeoMagic'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.

NeoMagic Net Income Chart

NeoMagic Annual Data
Trend Jan00 Jan01 Jan02 Jan03 Jan04 Jan05 Jan06 Jan07 Jan08 Jan09
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -28.23 -9.31 -16.52 -16.73 -7.90

NeoMagic Quarterly Data
Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10
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 2.51 -0.45 -0.40 -0.86 -0.13

NeoMagic 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

NeoMagic's Net Income for the fiscal year that ended in Jan. 2009 is calculated as

Net Income(A: Jan. 2009 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-8.062+0.165+0+-8.8817841970013E-16
=-7.90

NeoMagic's Net Income for the quarter that ended in Oct. 2010 is calculated as

Net Income(Q: Oct. 2010 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.129+0+0+0
=-0.13

Net Income for the trailing twelve months (TTM) ended in Oct. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.84 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.


NeoMagic  (OTCPK:NMGC) 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:

NeoMagic's Earnings per Share (Diluted) (EPS) for the quarter that ended in Oct. 2010 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.


NeoMagic Net Income Related Terms

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NeoMagic (NeoMagic) Business Description

Traded in Other Exchanges
N/A
Address
830 Hillview Court, Suite 138, Milpitas, CA, USA, 95035
NeoMagic Corp designs and delivers consumer electronic device solutions with semiconductors and software for video, television, imaging, graphics, and audio. The products are offered under the MiMagic name.
Executives
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Steve Valenzuela director 1800 GREEN HILLS ROAD, SCOTTS VALLEY CA 95066
Brett Moyer director C/O FOCUS ENHANCEMENTS INC, 1370 DELL AVE, CAMPBELL CA 95008
Stephen Lanza officer: VP Operations & Finance, CFO 4650 CUSHING PARKWAY, FREMONT CA 94538