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Sevcon (Sevcon) Net Income : $-10.42 Mil (TTM As of Jun. 2017)


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What is Sevcon 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. Sevcon's Net Income for the three months ended in Jun. 2017 was $-2.89 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2017 was $-10.42 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Sevcon's Earnings per Share (Diluted) for the three months ended in Jun. 2017 was $.


Sevcon Net Income Historical Data

The historical data trend for Sevcon'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.

Sevcon Net Income Chart

Sevcon Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.20 -1.07 0.93 1.58 -5.81

Sevcon Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.45 -2.92 -2.43 -2.19 -2.89

Sevcon 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

Sevcon's Net Income for the fiscal year that ended in Sep. 2016 is calculated as

Net Income(A: Sep. 2016 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-5.867+0.001+0+0.053
=-5.81

Sevcon'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
=-3.174+0.269+0+0.014
=-2.89

Net Income for the trailing twelve months (TTM) ended in Jun. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-10.42 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.


Sevcon  (OTCPK:SEVAP.PFD) 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:

Sevcon'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.


Sevcon Net Income Related Terms

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Sevcon (Sevcon) Business Description

Traded in Other Exchanges
N/A
Address
Sevcon Inc through its wholly-owned subsidiaries is engaged in designing and selling, under the Sevcon name, motor controls for zero emission electric and hybrid vehicles.
Executives
Bassi Holding S.r.l. 10 percent owner VIA MENSA 3/2, S. MARIA IN FABRIAGO, LUGO (RA) L6 48022
Andrea Bassi 10 percent owner, officer: General Manager, Bassi S.r.l VIA MENSA, 3/2 S MARIA IN FABRIAGO, LUGO RA L6 48022
David Sidlow officer: Managing Director, Sevcon Ltd KINGSWAY SOUTH, GATESHEAD, TYNE AND WEAR X0 NE11 0QA
Meson Constructive Capital Lp 10 percent owner 12 ARANA CIRCLE, SAUSALITO CA 94965
Matthew Goldfarb director C/O DIEBOLD NIXDORF, INCORPORATED, 5995 MAYFAIR ROAD, NORTH CANTON OH 44720
Ryan J. Morris director 531 E. STATE ST., ITHACA NY 14850
Glenn Angiolillo director C/O NYMAGIC INC, 919 THIRD AVENUE, 10TH FLOOR, NEW YORK NY 10022
Walter Milton Schenker director 1130 ROUTE 46, SUITE 22, PARSIPPANY NJ 07054
Frederick A Wang director 155 NORTHBORO ROAD, SOUTHBOROUGH MA 01772
William J Ketelhut director C/O ENERGY CONVERSION DEVICES INC, 2956 WATERVIEW DR, ROCHESTER HILLS MI 48309
Paul Neil Farquhar officer: Vice President and Treasurer 3 DUXBURY PARK, FATFIELD, WASHINGTON X0 NE38 8BJ
Marvin G Schorr director NINE HAMPSHIRE STREET, MANSFIELD MA 02048-9171
Bernard F Start director
Paul B Rosenberg director
Paul O Stump director C/O TECH/OPS SEVCON, INC., 155 NORTHBORO ROAD, SOUTHBOROUGH MA 01772