OTTV (Viva Entertainment Group) Net Income: $-0.36 Mil (TTM As of Apr. 2022)

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What is Viva Entertainment Group Net Income?

Viva Entertainment Group OTTV -99.00% Net Income is $-0.36 Mil as of Apr. 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. Viva Entertainment Group's Net Income for the six months ended in Apr. 2022 was $-0.36 Mil. Its Net Income for the trailing twelve months (TTM) ended in Apr. 2022 was $-0.36 Mil.

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


Viva Entertainment Group  (OTCPK:OTTV) 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:

Viva Entertainment Group's Earnings per Share (Diluted) (EPS) for the quarter that ended in Apr. 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.


Viva Entertainment Group Net Income Related Terms


Viva Entertainment Group Net Income Historical Data

* Premium members only.

The historical data trend for Viva Entertainment 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.

Viva Entertainment Group Net Income Chart

Viva Entertainment Group Annual Data
Trend Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18
Net Income
Get a 7-Day Free Trial Premium Member Only -1.50 0.00 -4.75 -16.28 -6.93

Viva Entertainment Group Semi-Annual Data
Oct10 Apr11 Oct11 Apr12 Oct12 Apr13 Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Apr21 Apr22
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 -3.14 -3.80 -4.76 -0.93 -0.36

Viva Entertainment 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

Viva Entertainment Group's Net Income for the fiscal year that ended in Oct. 2018 is calculated as

Net Income(A: Oct. 2018 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-6.932+0+0+0
=-6.93

Viva Entertainment Group's Net Income for the quarter that ended in Apr. 2022 is calculated as

Net Income(Q: Apr. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.355+0+0+0
=-0.36

Net Income for the trailing twelve months (TTM) ended in Apr. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.36 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 $-0.36 Mil mean?
Viva Entertainment Group (OTTV) has a Net Income of $-0.36 Mil as of Apr. 2022. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Viva Entertainment Group and its competitors.
Is Viva Entertainment Group's Net Income too high?
Viva Entertainment Group's current Net Income is $-0.36 Mil.
How does Viva Entertainment Group's Net Income compare to FPTA and CXKJ?
Viva Entertainment Group's Net Income of $-0.36 Mil can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Net Income depends on the Interactive Media 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 Viva Entertainment Group and its competitors. Viva Entertainment Group's current Net Income is $-0.36 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viva Entertainment Group stock overvalued right now?
Viva Entertainment Group (OTTV) has a current Net Income of $-0.36 Mil. The current Net Income is $-0.36 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 Viva Entertainment Group (OTTV), the current Net Income is $-0.36 Mil as of Apr. 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.

Viva Entertainment Group Business Description

Address 143-41 84th Drive, Briarwood, NY, USA, 11435
Viva Entertainment Group Inc is an entertainment and technology company that connects content owners and video distributors to deliver content on any smart device with a screen. The company engages in developing and marketing it's over the top (IPTV/OTT) application for connected TV's, desktop computers, tablets, and smartphones. It provides access to the content anywhere, anytime, and with a wifi connection customers can watch Live TV from around the world, TV shows, premium channels, as well as movies on demand, Tele-video conferences and many other interactive features.