GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » WRIT Media Group Inc (OTCPK:WRIT) » Definitions » Net Income

WRIT Media Group (WRIT Media Group) Net Income : $-1.04 Mil (TTM As of Dec. 2017)


View and export this data going back to 2009. Start your Free Trial

What is WRIT Media Group 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. WRIT Media Group's Net Income for the three months ended in Dec. 2017 was $-0.02 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2017 was $-1.04 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. WRIT Media Group's Earnings per Share (Diluted) for the three months ended in Dec. 2017 was $-0.00.


WRIT Media Group Net Income Historical Data

The historical data trend for WRIT Media Group'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.

WRIT Media Group Net Income Chart

WRIT Media Group Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.39 1.04 -2.20 -1.40 -0.69

WRIT Media Group Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 -0.17 -0.18 -0.34 -0.49 -0.02

WRIT Media Group 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

WRIT Media Group's Net Income for the fiscal year that ended in Mar. 2017 is calculated as

Net Income(A: Mar. 2017 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.692+0+0+0
=-0.69

WRIT Media Group's Net Income for the quarter that ended in Dec. 2017 is calculated as

Net Income(Q: Dec. 2017 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.024+0+0+0
=-0.02

Net Income for the trailing twelve months (TTM) ended in Dec. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.04 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.


WRIT Media Group  (OTCPK:WRIT) 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:

WRIT Media Group's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 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.


WRIT Media Group Net Income Related Terms

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


WRIT Media Group (WRIT Media Group) Business Description

Traded in Other Exchanges
N/A
Address
1980 Festival Plaza Drive, Suite 300, Las Vegas, NV, USA, 89135
WRIT Media Group Inc is a part of the media industry. It is mainly engaged in producing films, television programs, and similar entertainment programs for various media formats. It is a content creation company, which produces, acquires, licenses, and distributes music-related content in three-dimensional (3-D), and ultra-high definition (4K) for initial worldwide digital broadcast into digitally-enabled movie theatres. It also licenses classic pre-Windows computer game libraries and adapts, and republishes titles for smartphones, game consoles, personal computers, tablets, and other television streaming devices.

WRIT Media Group (WRIT Media Group) Headlines

From GuruFocus

WRIT Media Group Announces Dividend

By PRNewswire PRNewswire 04-10-2018