GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Spark Networks SE (OTCPK:LOVLQ) » Definitions » Net Income

Spark Networks SE (Spark Networks SE) Net Income : $-59.2 Mil (TTM As of Jun. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Spark Networks SE 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. Spark Networks SE's Net Income for the three months ended in Jun. 2023 was $-26.9 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2023 was $-59.2 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Spark Networks SE's Earnings per Share (Diluted) for the three months ended in Jun. 2023 was $-1.03.


Spark Networks SE Net Income Historical Data

The historical data trend for Spark Networks SE'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.

Spark Networks SE Net Income Chart

Spark Networks SE Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Income
Get a 7-Day Free Trial -4.44 -34.91 -46.61 -68.16 -44.19

Spark Networks SE Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 -8.76 -10.71 -17.25 -4.36 -26.93

Spark Networks SE 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

Spark Networks SE's Net Income for the fiscal year that ended in Dec. 2022 is calculated as

Net Income(A: Dec. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-37.198+-6.992+0+0
=-44.2

Spark Networks SE's Net Income for the quarter that ended in Jun. 2023 is calculated as

Net Income(Q: Jun. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-26.978+0.052+0+3.5527136788005E-15
=-26.9

Net Income for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-59.2 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.


Spark Networks SE  (OTCPK:LOVLQ) 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:

Spark Networks SE's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2023 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.


Spark Networks SE Net Income Related Terms

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


Spark Networks SE (Spark Networks SE) Business Description

Traded in Other Exchanges
N/A
Address
Kohlfurter Strasse 41/43, Berlin, BB, DEU, 10999
Spark Networks SE operates a global online dating site. Its focus is on catering to professionals and educated singles with serious relationship intentions in North America and other international markets. The group reports two reportable segments Zoosk and Spark and operates a portfolio of premium brands including EliteSingles, Jdate, Christian Mingle, SilverSingles, and JSwipe. The companies geographical presence is in United States, Germany and Rest of world, majority of its revenue comes from U.S.
Executives
Osmium Partners, Llc 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Laura Allison Marcero director 214 PROVENCAL ROAD, GROSSE POINTE FARMS MI 48236
Pamela B Corrie director 100 PIER 1 PLACE, FORT WORTH TX 76102
Kristie Goodgion officer: Executive Director and CFO C/O SPARK NETWORKS SE KOHLFURTER STRASSE, BERLIN 2M 10999
Michael J Mcconnell director P.O. BOX 6280, NEWPORT BEACH CA 92658
Ulrike Handel director C/O SPARK NETWORKS SE, KOHLFURTER STRASSE 41/43, BERLIN X9 10999
Frederic Beckley officer: General Counsel and CAO 280 UNION SQUARE DRIVE, NEW HOPE PA 18938
Brown Colleen B director C/O TRUEBLUE, INC., 1015 A STREET, TACOMA WA 98402
Joseph E Whitters director
David D Clark officer: Chief Financial Officer FORT WASHINGTON EXECUTIVE CENTER, 600 OFFICE CENTER DRIVE, FORT WASHINGTON PA 19034
Bradley Goldberg director 141 W JACKSON BLVD, SUITE 500, CHICAGO X1 60604
Eric Eichmann officer: Chief Executive Officer C/O CRITEO LEGAL DEPT., 387 PARK AVENUE SOUTH, 11TH FLOOR, NEW YORK NY 10016
Bangaly Gaba director C/O SPARK NETWORKS SE, KOHLFURTER STRASSE 41/43, BERLIN 2M 10999
Canaan Viii Lp 10 percent owner 2765 SAND HILL RD, MENLO PARK CA 94025
John Hartnett Lewis 10 percent owner 388 MARKET STREET, SUITE 920, SAN FRANCISCO CA 94111