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Vnue (VNUE) Net Income : $-1.79 Mil (TTM As of Sep. 2024)


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What is Vnue 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. Vnue's Net Income for the three months ended in Sep. 2024 was $-1.32 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was $-1.79 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Vnue's Earnings per Share (Diluted) for the three months ended in Sep. 2024 was $-0.00.


Vnue Net Income Historical Data

The historical data trend for Vnue'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.

Vnue Net Income Chart

Vnue Annual Data
Trend May14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.40 -4.55 2.92 -22.76 -1.14

Vnue Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.31 -0.01 -0.18 -0.28 -1.32

Vnue 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

Vnue's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.137+0+0+0
=-1.14

Vnue's Net Income for the quarter that ended in Sep. 2024 is calculated as

Net Income(Q: Sep. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.315+0+0+0
=-1.32

Net Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.79 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.


Vnue  (OTCPK:VNUE) 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:

Vnue's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 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.


Vnue Net Income Related Terms

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Vnue Business Description

Traded in Other Exchanges
N/A
Address
104 West 29th Street, 11th Floor, New York, NY, USA, 10001
Vnue Inc is a music technology company that utilizes its platforms to record live concerts and commercializes the content by making the content immediately available for purchase through its website and the website at Set.fm, a technology platform that enables musical artists to capture, promote and sell high-fidelity recordings instantly. Its technology provides an income source to artists and record labels from the recorded content. Additionally, it offers high-end collectible products such as CDs, USB drives, and laminates, which feature its fully mixed and mastered live concert content, through its exclusive partner DiscLive Network. It has created content from live concerts, including Rob Thomas, Patty Smyth and Scandal, King's X, Paul Rodgers, Scott Stapp, and many others.
Executives
Jake P. Noch 10 percent owner 1978 GULF SHORE BLVD, SOUTH NAPLES FL 34102
Zach Bair director, 10 percent owner, officer: CEO 104 W. 29TH STREET, 11TH FLOOR, NEW YORK NY 10001
Christopher L. Mann 10 percent owner 700 MARR STREET, VENICE CA 90291
Howard Collin director, officer: CFO 239 ANVIL WAY, BALTIMORE MD 21212
Matthew P. Carona director, 10 percent owner, officer: CEO 296 PINE CONE LN, LUDLOW MA 01056
Brad Evans director 580 HORNBY STREET, SUITE 440, VANCOUVER A1 V6C3B6
Andrew Grant Gasmier director SUITE 440, 580 HORNBY STREET, VANCOUVER A1 V6C 3B5
Allister Blyth officer: CFO 1C HAZEL STREET, COMO, WESTERN AUSTRALIA C3 6152
Benjamin Auld director SUITE 21, 22 RAILWAY ROAD, SUBIACO, WA C3 6008
Simon Eley director, officer: President and CEO UNIT 21, 22 RAILWAY ROAD, SUBIALO C3 6008
Six Fingers Pty Ltd. As Trustee For Six Fingers Discretionary Trust other: Former 10% holder SUITE 21, 22 RAILWAY RD., SUBIACO, WA C3 6008
Karim Lalani officer: Corporate Secretary 144(B) WEST 16TH STREET, NORTH VANCOUVER A1 V7M 1T5
Christopher Robin Relph director, officer: Chairman and CFO #415 NEBRUCK HOUSE, OLDE TOWNE AT SANDYPORT, WEST BAY STREET, NASSAU C5 V6K 4S1
Smart Train Australian Pty Ltd. 10 percent owner UNIT 21/22 RAILWAY ROAD, SUBIACO C3 WA 6008
Bc & N Pollard Atf Geovet Family Trust 10 percent owner PO BOX 964, WEST PERTH C3 WA 6872