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Archer Aviation (Archer Aviation) Net Income : $-457.90 Mil (TTM As of Dec. 2023)


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What is Archer Aviation 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. Archer Aviation's Net Income for the three months ended in Dec. 2023 was $-109.10 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-457.90 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Archer Aviation's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.36.


Archer Aviation Net Income Historical Data

The historical data trend for Archer Aviation'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.

Archer Aviation Net Income Chart

Archer Aviation Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Income
-24.80 -347.80 -317.30 -457.90

Archer Aviation Quarterly Data
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 -95.40 -113.10 -184.10 -51.60 -109.10

Archer Aviation 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

Archer Aviation'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
=-457.4+-0.5+0+0
=-457.90

Archer Aviation'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
=-108.9+-0.2+0+1.4210854715202E-14
=-109.10

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 $-457.90 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.


Archer Aviation  (NYSE:ACHR) 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:

Archer Aviation'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.


Archer Aviation Net Income Related Terms

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Archer Aviation (Archer Aviation) Business Description

Traded in Other Exchanges
N/A
Address
190 West Tasman Drive, San Jose, CA, USA, 95134
Archer Aviation Inc advances the benefits of sustainable air mobility. It is creating the electric airline that moves people throughout cities in a quick, safe, sustainable, and cost-effective manner. It is designing, manufacturing, and operating a fully electric vertical takeoff and landing aircraft that can carry four passengers for around 60 miles at speeds of up to 150 mph while producing minimal noise.
Executives
Tosha Perkins officer: Chief People Officer 757 N. ELDRIDGE PARKWAY, HOUSTON TX 77079
Andy Missan officer: Chief Legal Officer C/O FITBIT, INC., 405 HOWARD STREET, SAN FRANCISCO CA 94105
N.v. Stellantis 10 percent owner TAURUSAVENUE 1, HOOFDDORP P7 2132LS
Thomas Paul Muniz officer: Chief Operating Officer C/O ARCHE AVIATION INC., 1880 EMBARCADERO ROAD, PALO ALTO CA 94303
Fca Foreign Sales Holdco Ltd. 10 percent owner PINLEY HOUSE, 2 SUNBEAM WAY, CONVENTRY, WEST MIDLANDS X0 CV3 1ND
Sfs Uk 1 Ltd. 10 percent owner PINLEY HOUSE, 2 SUNBEAM WAY, COVENTRY, WEST MIDLANDS X0 CV3 1ND
Fca Italy S.p.a. 10 percent owner CORSO GIOVANNI AGNELLI 200, TURIN L6 10135
Fca Us Llc 10 percent owner 1000 CHRYSLER DRIVE, AUBURN HILLS MI 48326
Fca North America Holdings Llc 10 percent owner 1000 CHRYSLER DRIVE, AUBURN HILLS MI 48326
Brett Adcock 10 percent owner C/O ARCHER AVIATION INC., 1880 EMBARCADERO ROAD, PALO ALTO CA 94303
Deborah Diaz director 6830 OLD DOMINION DRIVE, MCLEAN VA 22101
Mark Mesler officer: Chief Financial Officer C/O ARCHER AVIATION INC., 1880 EMBARCADERO ROAD, PALO ALTO CA 94303
Michael Spellacy director 399 PARK AVENUE, NEW YORK NY 10022
Fred M Diaz director 9614 AMALFI CT, BRENTWOOD TN 37027
Adam D Goldstein director, officer: Co-Chief Executive Officer C/O ARCHER AVIATION INC., 190 TASMAN DRIVE, SAN JOSE CA 95134

Archer Aviation (Archer Aviation) Headlines

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