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Kaival Brands Innovations Group (Kaival Brands Innovations Group) Net Income : $-10.25 Mil (TTM As of Jan. 2024)


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What is Kaival Brands Innovations Group 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. Kaival Brands Innovations Group's Net Income for the three months ended in Jan. 2024 was $-2.11 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jan. 2024 was $-10.25 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Kaival Brands Innovations Group's Earnings per Share (Diluted) for the three months ended in Jan. 2024 was $-0.76.


Kaival Brands Innovations Group Net Income Historical Data

The historical data trend for Kaival Brands Innovations Group'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.

Kaival Brands Innovations Group Net Income Chart

Kaival Brands Innovations Group Annual Data
Trend Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Net Income
Get a 7-Day Free Trial -0.07 3.85 -9.03 -14.37 -11.13

Kaival Brands Innovations Group Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -3.00 -3.96 -1.80 -2.38 -2.11

Kaival Brands Innovations Group 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

Kaival Brands Innovations Group's Net Income for the fiscal year that ended in Oct. 2023 is calculated as

Net Income(A: Oct. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-11.13+-0.002+0+-0.00099999999999767
=-11.13

Kaival Brands Innovations Group's Net Income for the quarter that ended in Jan. 2024 is calculated as

Net Income(Q: Jan. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-2.113+-0.001+0+0
=-2.11

Net Income for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-10.25 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.


Kaival Brands Innovations Group  (NAS:KAVL) 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:

Kaival Brands Innovations Group's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jan. 2024 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.


Kaival Brands Innovations Group Net Income Related Terms

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Kaival Brands Innovations Group (Kaival Brands Innovations Group) Business Description

Traded in Other Exchanges
N/A
Address
4460 Old Dixie Highway, Grant, FL, USA, 32949
Kaival Brands Innovations Group Inc is focused on growing and incubating innovative and profitable products. The company is engaged in the business of developing electronic nicotine delivery systems and related components. Its primary product includes Bidi Stick. The BIDI Stick comes in a variety of flavor options for adult cigarette smokers.
Executives
Stephen Alan Sheriff officer: COO & IRO 4460 OLD DIXIE HIGHWAY, GRANT-VALKARIA FL 32949
Thomas James Metzler officer: CFO, Treasurer and Secretary KAIVAL BRANDS INNOVATIONS GROUP, INC., 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
James Patrick Cassidy director 14 SOUTH PACK SQUARE, SUITE 403, ASHEVILLE NC 28801
Barry Michael Hopkins director KAIVAL BRANDS INNOVATIONS GROUP, INC., 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
David Worner director KAIVAL BRANDS INNOVATIONS GROUP, INC., 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Mark L Thoenes officer: Interim CFO 7700 N.E. AMBASSADOR PL, PORTLAND OR 97220
George T. Chuang director 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Nirajkumar Patel director, 10 percent owner, officer: CEO, CFO, President, Treasurer 4460 OLD DIXIE HIGHWAY,, GRANT FL 32949
Paul John Reuter director 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Roger Brooks director 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Carolyn Hanigan director 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Eric Mosser director, 10 percent owner, officer: COO, Secretary 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Kaival Brands Innovations Group, Llc 10 percent owner 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Gmrz Holdings Llc 10 percent owner 780 RESERVOIR AVENUE, #123, CRANSTON RI 02910