TDNT (Trident Brands) Net Income: $-2.90 Mil (TTM As of May. 2022)

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What is Trident Brands Net Income?

Trident Brands TDNT Net Income is $-2.90 Mil as of May. 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. Trident Brands's Net Income for the three months ended in May. 2022 was $-0.70 Mil. Its Net Income for the trailing twelve months (TTM) ended in May. 2022 was $-2.90 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Trident Brands's Earnings per Share (Diluted) for the three months ended in May. 2022 was $-0.02.


Trident Brands  (OTCPK:TDNT) 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:

Trident Brands's Earnings per Share (Diluted) (EPS) for the quarter that ended in May. 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.


Trident Brands Net Income Related Terms


Trident Brands Net Income Historical Data

* Premium members only.

The historical data trend for Trident Brands'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.

Trident Brands Net Income Chart

Trident Brands Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.82 -8.37 -12.10 -5.30 -2.68

Trident Brands Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 -0.65 -0.51 -0.99 -0.69 -0.70

Trident Brands 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

Trident Brands's Net Income for the fiscal year that ended in Nov. 2021 is calculated as

Net Income(A: Nov. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-3.086+0+0+0.403
=-2.68

Trident Brands's Net Income for the quarter that ended in May. 2022 is calculated as

Net Income(Q: May. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.783+0+0+0.079
=-0.70

Net Income for the trailing twelve months (TTM) ended in May. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.90 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 $-2.90 Mil mean?
Trident Brands (TDNT) has a Net Income of $-2.90 Mil as of May. 2022. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Trident Brands and its competitors.
Is Trident Brands' Net Income too high?
Trident Brands' current Net Income is $-2.90 Mil.
How does Trident Brands' Net Income compare to SKVI and QNTA?
Trident Brands' Net Income of $-2.90 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 Trident Brands and its competitors. Trident Brands's current Net Income is $-2.90 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trident Brands stock overvalued right now?
Trident Brands (TDNT) has a current Net Income of $-2.90 Mil. The current Net Income is $-2.90 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 Trident Brands (TDNT), the current Net Income is $-2.90 Mil as of May. 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.

Trident Brands Business Description

Address 433 Plaza Real, Suite 275, Boca Raton, FL, USA, 33432
Trident Brands Inc is a consumer product company. It is focused on developing high growth branded and private label consumer products and ingredients within the nutritional supplement, life sciences, and food and beverage categories. It offers consumer products, including nutritional products and supplements under the Everlast and Brain Armor brands. The company's brands focus on supplements, nutritional products, and heart and brain health categories. In addition, the firm also offers various banking facilities. Geographically business activity functions through the region of the United States and derives a majority of its revenue from the sale of products.