GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Valiant Eagle Inc (OTCPK:PSRU) » Definitions » Net Income

PSRU (Valiant Eagle) Net Income : $-0.57 Mil (TTM As of Jun. 2017)


View and export this data going back to 2008. Start your Free Trial

What is Valiant Eagle 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. Valiant Eagle's Net Income for the six months ended in Jun. 2017 was $-0.28 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2017 was $-0.57 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Valiant Eagle's Earnings per Share (Diluted) for the six months ended in Jun. 2017 was $-2.04.


Valiant Eagle Net Income Historical Data

The historical data trend for Valiant Eagle'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.

Valiant Eagle Net Income Chart

Valiant Eagle Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec13 Dec14 Dec15 Dec16
Net Income
Get a 7-Day Free Trial -7.97 -5.11 -0.76 -0.65 -0.58

Valiant Eagle Semi-Annual Data
Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec13 Dec14 Dec15 Jun16 Dec16 Jun17
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 - - -0.29 -0.29 -0.28

Valiant Eagle 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

Valiant Eagle's Net Income for the fiscal year that ended in Dec. 2016 is calculated as

Net Income(A: Dec. 2016 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.579+0+0+0
=-0.58

Valiant Eagle's Net Income for the quarter that ended in Jun. 2017 is calculated as

Net Income(Q: Jun. 2017 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.275+0+0+0
=-0.28

Net Income for the trailing twelve months (TTM) ended in Jun. 2017 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.57 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.


Valiant Eagle  (OTCPK:PSRU) 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:

Valiant Eagle's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2017 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.


Valiant Eagle Net Income Related Terms

Thank you for viewing the detailed overview of Valiant Eagle's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Valiant Eagle Business Description

Traded in Other Exchanges
N/A
Address
6320 Canoga Avenue, No. 1564, Woodland Hills, CA, USA, 91367
Valiant Eagle Inc is focused on energizing celebrity entertainment, social media and TV communications. The company aims to achieve an unparalleled advancement in media through music, sports and, with respect to the millennial generation, through technology. It continues to be the handy solution, with access to set tools that allow viewers to get tuned in on topics such as Music, Sports and Entertainment in the convenient and efficient way.

Valiant Eagle Headlines

From GuruFocus