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UNQL (Unique Logistics International) Net Income : $-7.0 Mil (TTM As of May. 2024)


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What is Unique Logistics International 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. Unique Logistics International's Net Income for the three months ended in May. 2024 was $4.1 Mil. Its Net Income for the trailing twelve months (TTM) ended in May. 2024 was $-7.0 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Unique Logistics International's Earnings per Share (Diluted) for the three months ended in May. 2024 was $0.01.


Unique Logistics International Net Income Historical Data

The historical data trend for Unique Logistics International'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.

Unique Logistics International Net Income Chart

Unique Logistics International Annual Data
Trend May20 May21 May22 May23 May24
Net Income
-1.13 1.73 3.54 8.20 -7.02

Unique Logistics International Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 0.95 -2.23 -2.90 -5.96 4.07

Unique Logistics International 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

Unique Logistics International's Net Income for the fiscal year that ended in May. 2024 is calculated as

Net Income(A: May. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-15.782+8.669+0+0.093999999999999
=-7.0

Unique Logistics International's Net Income for the quarter that ended in May. 2024 is calculated as

Net Income(Q: May. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1.035+2.882+0+0.154
=4.1

Net Income for the trailing twelve months (TTM) ended in May. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.0 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.


Unique Logistics International  (OTCPK:UNQL) 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:

Unique Logistics International's Earnings per Share (Diluted) (EPS) for the quarter that ended in May. 2024 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.


Unique Logistics International Net Income Related Terms

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Unique Logistics International Business Description

Traded in Other Exchanges
N/A
Address
154-09, 146th Avenue, Jamaica, NY, USA, 11434
Unique Logistics International Inc is a logistics and freight forwarding company. Its services include Air Freight, Ocean Freight, Customs Brokerage and Compliance, Warehousing and Distribution, and Order Management. Geographically, it derives a majority of its revenue from China, Hong Kong and Taiwan.
Executives
Migdalia Diaz officer: Chief Operating Officer 3722 CASTEEL PARK DRIVE, MARIETTA GA 30064
Sunandan Ray director, officer: Chief Executive Officer 320 SOUTHDOWN ROAD, LLYOD HARBOR NY 11743
Lee Patrick Man Bun director UNIT 05-06, 3/F, ENTERPRISE SQUARE, 9 SHEUNG YUET RD, KOWLOON BAY, KOWLOON K3 1703
David S. Briones director C/O PETRO RIVER OIL COMPANY, 1980 POST OAK BLVD., SUITE 2020, HOUSTON TX 77056
Sterling C. Barton 10 percent owner 823 SOUTH SIXTH STREET, SUITE 100, LAS VEGAS NV 89101
Keith S. Barton 10 percent owner 488 MADISON AVENUE, SUITE 1100, NEW YORK NY 10022
Gcnd, Inc. 10 percent owner C/O GARY WOLF ESQ., 488 MADISON AVE., STE. 1100, NEW YORK NY 10022

Unique Logistics International Headlines

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