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Fundamental Global (Fundamental Global) Net Income : $3.85 Mil (TTM As of Dec. 2023)


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What is Fundamental Global 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. Fundamental Global's Net Income for the three months ended in Dec. 2023 was $-0.21 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $3.85 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Fundamental Global's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.06.


Fundamental Global Net Income Historical Data

The historical data trend for Fundamental Global'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.

Fundamental Global Net Income Chart

Fundamental Global 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 0.31 -22.46 -8.51 1.09 3.85

Fundamental Global 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 0.13 1.35 -2.92 5.63 -0.21

Fundamental Global 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

Fundamental Global'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
=3.845+0+0+0
=3.85

Fundamental Global'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
=-0.21+0+0+0
=-0.21

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 $3.85 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.


Fundamental Global  (NAS:FGF) 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:

Fundamental Global'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.


Fundamental Global Net Income Related Terms

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Fundamental Global (Fundamental Global) Business Description

Traded in Other Exchanges
Address
104 S. Walnut Street, Unit 1A, Itasca, IL, USA, 60143
FG Financial Group Inc through its subsidiaries operates as diversified insurance, reinsurance, and investment management holding company. The company's segment includes Insurance and Asset Management. It generates maximum revenue from the Insurance segment.
Executives
Fundamental Global Gp, Llc 10 percent owner 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Fg Financial Holdings, Llc 10 percent owner 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Hassan Baqar director KINGSWAY FINANCIAL SERVICES INC., 150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Govignon Richard Edward Jr director 54 ANNETTE DR, MARLBORO NJ 07746
Joseph H Moglia 10 percent owner AMERITRADE HOLDING CORP, 4211 S 102ND ST, OMAHA NE 68127
Kyle Cerminara director, 10 percent owner C/O FUNDAMENTAL GLOBAL INVESTORS, LLC, 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Fg Group Holdings Inc. 10 percent owner 4201 CONGRESS STREET, SUITE 175, CHARLOTTE NC 28209
Bk Technologies Corp 10 percent owner 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904
Fundamental Global Investors, Llc director, 10 percent owner 136 CORPORATE PARK DRIVE, SUITE G, MOORESVILLE NC 28117
Lewis M Johnson director, 10 percent owner C/O FUNDAMENTAL GLOBAL INVESTORS, LLC, 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Brian D Bottjer officer: SVP and Controller 324 S. HYDE PARK AVENUE, SUITE 210, TAMPA FL 33606
Marsha G King director C/O 1347 PROPERTY INSURANCE HOLDINGS, IN, 1511 N. WESTSHORE BLVD., SUITE 870, TAMPA FL 33607
Rita Hayes director C/O 1347 PROPERTY INSURANCE HOLDINGS, IN, 1511 N. WESTSHORE BLVD., SUITE 870, TAMPA FL 33607
Scott D Wollney director 1340 BUTTONWOOD LANE, GLENVIEW IL 60025
E. Gray Payne director C/O RELM WIRELESS CORPORATION, 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904

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