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Harbor Diversified (Harbor Diversified) Net Income : $-5.2 Mil (TTM As of Sep. 2023)


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What is Harbor Diversified 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. Harbor Diversified's Net Income for the three months ended in Sep. 2023 was $-3.7 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was $-5.2 Mil.

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


Harbor Diversified Net Income Historical Data

The historical data trend for Harbor Diversified'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.

Harbor Diversified Net Income Chart

Harbor Diversified Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec18 Dec19 Dec20 Dec21 Dec22
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 181.31 -19.21 39.76 92.63 39.11

Harbor Diversified Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 8.02 6.74 0.88 -9.17 -3.69

Harbor Diversified 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

Harbor Diversified'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
=54.103+-14.993+0+0
=39.1

Harbor Diversified's Net Income for the quarter that ended in Sep. 2023 is calculated as

Net Income(Q: Sep. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-4.487+0.799+0+0
=-3.7

Net Income for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.2 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.


Harbor Diversified  (OTCPK:HRBR) 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:

Harbor Diversified's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 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.


Harbor Diversified Net Income Related Terms

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Harbor Diversified (Harbor Diversified) Business Description

Traded in Other Exchanges
N/A
Address
W6390 Challenger Drive, Suite 203, Appleton, WI, USA, 54914-9120
Harbor Diversified Inc operates in the Airline business. It currently operates in one service line providing scheduled flight services. It generates revenue from the Available Seat Miles.
Executives
John C Shaw director 520 MADISON AVENUE, 40TH FLOOR, NEW YORK NY 10022
Jerry M Seslowe director 520 MADISON AVE, 40TH FLOOR, NEW YORK NY 10022
Richard A Bartlett director 520 MADISON AVENUE, 40TH FLOOR, NEW YORK NY 10022
Scott M Freeman officer: Chief Medical Officer 3031 RESEARCH DRIVE, BUILDING A, RICHMOND CA 94806
Salvatore J Zizza director 810 SEVENTH AVE, 27TH FLOOR, NEW YORK NY 10019
Jessie R Groothuis officer: Vice Pres., Clinical Affairs 4435 EASTGATE MALL, SUITE 400, SAN DIEGO CA 92121
Jerome M Hauer director 4435 EASTGATE MALL, SUITE 400, SAN DIEGO CA 92121
Thomas Merigan director C/O HOLLIS-EDEN PHARMACEUTICALS, 4435 EASTGATE MALL STE.400, SAN DIEGO CA 92121
Brendan Mcdonnell director C/O HOLLIS-EDEN PHARMACEUTICALS, 4435 EASTGATE MALL STE.400, SAN DIEGO CA 92121
Marc R Sarni director 13705 SHORELINE COURT, EARTH CITY MO 63045
Daniel D Burgess officer: COO/CFO C/O HOLLIS-EDEN PHARMACEUTICALS, 4435 EASTGATE MALL STE.400, SAN DIEGO CA 92121
Robert Marsella officer: VP, Business Development C/O HOLLIS-EDEN PHARMACEUTICALS, 4435 EASTGATE MALL STE.400, SAN DIEGO CA 92121
Robert W Weber officer: Chief Accounting Officer C/O HOLLIS-EDEN PHARMACEUTICALS, 4435 EASTGATE MALL STE.400, SAN DIEGO CA 92121
Eric J Loumeau officer: VP, Corporate General Counsel C/O HOLLIS-EDEN PHARMACEUTICALS, 4435 EASTGATE MALL STE.400, SAN DIEGO CA 92121
Paul Bagley director 1530 16TH STREET SUITE 200, DENVER CO 80202-1468

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