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NextPlat (NextPlat) Net Income : $-3.78 Mil (TTM As of Dec. 2023)


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What is NextPlat 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. NextPlat's Net Income for the three months ended in Dec. 2023 was $-1.70 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-3.78 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. NextPlat's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.09.


NextPlat Net Income Historical Data

The historical data trend for NextPlat'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.

NextPlat Net Income Chart

NextPlat Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.38 -2.76 -8.11 -9.16 -3.78

NextPlat Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.94 -1.19 -4.34 3.45 -1.70

NextPlat 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

NextPlat'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
=-22.291+-0.028+0+18.541
=-3.78

NextPlat's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-14.776+0.047+0+13.031
=-1.70

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.78 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.


NextPlat  (NAS:NXPL) 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:

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


NextPlat Net Income Related Terms

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NextPlat (NextPlat) Business Description

Traded in Other Exchanges
N/A
Address
3250 Mary Street, Suite 410, Coconut Grove, FL, USA, 33133
NextPlat Corp is an e-commerce platform company created to capitalize on multiple sectors and markets for physical and digital assets. The company intends to collaborate with businesses, optimizing their ability to sell their goods online, domestically, and internationally, and enabling customers and partners to maximize their e-commerce presence and revenue.
Executives
Frost Gamma Investments Trust 10 percent owner 4400 BISCAYNE BLVD, MIAMI FL 33137
Frost Phillip Md Et Al 10 percent owner 4400 BISCAYNE BLVD, MIAMI FL 33137-3227
Rodney Barreto director 460 MARQUESA DRIVE, CORAL GABLES FL 33156
David Phipps director, officer: CEO of Issuer, other: President of Orbital Satcom Co UNIT G5 ARENA BUSINESS CENTRE, HOLYROOD CLOSE, POOLE X0 BH177FJ
Charles M. Fernandez director, officer: CEO & Chairman C/O FAIRHOLME CAPITAL MANAGEMENT, L.L.C., 4400 BISCAYNE BOULEVARD, 9TH FLOOR, MIAMI FL 33137
Cecile Munnik officer: Chief Financial Officer 400 ANSIN BLVD SUITE A, HALLANDALE BEACH FL 33009
Bedwell Robert Phillip Jr. officer: Chief Compliance Officer 6074 TRUMPET FLOWER AVE.,, FLOWERY BRANCH, GA 30542
Maria Cristina Fernandez director 200 BISCAYNE BOULEVARD WAY, APT 39, MIAMI FL 33131
Louis Cusimano director PO BOX 1156, MONTAUK NY 11954
Douglas Ellenoff director, officer: Chief Business Development C/O INTERVISUAL BOOKS INC, 12910 CULVER BLVD #C, LOS ANGELES CA 90066
Paul R Thomson officer: Executive Vice President METROMEDIA CO, ONE MEADOWLANDS PLAZA, EAST RUTHERFORD NJ 07073
Andrew Scott Cohen officer: SVP of Operations 18851 NE 29TH AVE. SUITE 700, AVENTURA FL 33180
Sarwar Uddin officer: Chief Financial Officer 18851 NE 29TH AVENUE,, SUITE 700, AVENTURA FL 33180
John Edward Miller director 1011 W 66TH ST, KANSAS CITY MO 64113
Kendall W. Carpenter director 6701 S ATLANTA AVE, TULSA OK 74136