NuVim (NUVM) Net Income: $-0.01 Mil (TTM As of Jun. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is NuVim Net Income?

NuVim NUVM Net Income is $-0.01 Mil as of Jun. 2022.

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. NuVim's Net Income for the six months ended in Jun. 2022 was $-0.01 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2022 was $-0.01 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. NuVim's Earnings per Share (Diluted) for the six months ended in Jun. 2022 was $-0.00.


NuVim  (OTCPK:NUVM) 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:

NuVim's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2022 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.


NuVim Net Income Related Terms


NuVim Net Income Historical Data

* Premium members only.

The historical data trend for NuVim'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.

NuVim Net Income Chart

NuVim Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07
Net Income
-2.24 -2.13 -2.40 -1.78 -1.45

NuVim Semi-Annual Data
Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Jun21 Jun22
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.96 -0.49 -0.52 -0.01 -0.01

NuVim 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

NuVim's Net Income for the fiscal year that ended in Dec. 2007 is calculated as

Net Income(A: Dec. 2007 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.614+0.164+0+0.0010000000000001
=-1.45

NuVim's Net Income for the quarter that ended in Jun. 2022 is calculated as

Net Income(Q: Jun. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.01+0+0+0
=-0.01

Net Income for the trailing twelve months (TTM) ended in Jun. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.01 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 $-0.01 Mil mean?
NuVim (NUVM) has a Net Income of $-0.01 Mil as of Jun. 2022. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on NuVim and its competitors.
Is NuVim's Net Income too high?
NuVim's current Net Income is $-0.01 Mil.
How does NuVim's Net Income compare to MTTCF and PLBLF?
NuVim's Net Income of $-0.01 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Net Income depends on the Consumer Packaged Goods 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 NuVim and its competitors. NuVim's current Net Income is $-0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NuVim stock overvalued right now?
NuVim (NUVM) has a current Net Income of $-0.01 Mil. The current Net Income is $-0.01 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 NuVim (NUVM), the current Net Income is $-0.01 Mil as of Jun. 2022. 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.

NuVim Business Description

Address 32 Broughton Drive, Myrtle Beach, SC, USA, 29579
NuVim Inc is engaged in producing, marketing, and distributing powder mix dietary supplements under the NuVim brand. The company provides consumers with products that help bring an overall quality of life and help address specific health concerns. Its products help strengthen the immune system, enhance muscle, and bone health, and aid in consistent digestion while delivering daily requirements of vitamins C, E, B12, and zinc. There are varieties of powder mix products, Chocolate, Vanilla, and Strawberry, sold from its website. The NuVim dietary supplement products are marketed to both men and women in all stages of life and to help professional athletes, weekend warriors, and those incurring immune dysfunction or lack of energy and mental alertness.