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BRC (BRCC) Net Income : $-16.7 Mil (TTM As of Dec. 2023)


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What is BRC 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. BRC's Net Income for the three months ended in Dec. 2023 was $-4.5 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-16.7 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. BRC's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.07.


BRC Net Income Historical Data

The historical data trend for BRC'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.

BRC Net Income Chart

BRC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
-0.77 4.69 -13.85 -82.91 -16.75

BRC Quarterly Data
Dec19 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 -5.19 -4.80 -4.23 -3.23 -4.49

BRC 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

BRC'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
=-56.531+-0.185+0+39.971
=-16.7

BRC'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
=-14.02+-0.016+0+9.551
=-4.5

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 $-16.7 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.


BRC  (NYSE:BRCC) 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:

BRC'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.


BRC Net Income Related Terms

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BRC (BRCC) Business Description

Traded in Other Exchanges
N/A
Address
1144 S. 500 W, Salt Lake City, UT, USA, 84101
BRC Inc is a veteran-controlled company that serves premium coffee, content, and merchandise to active military, veterans, and first responders. it is committed to producing great coffee that consumers love, and high-quality merchandise that enables its community to showcase its brand. its omnichannel distribution has three components: Direct to Consumer channel includes its e-commerce business, through which consumers order products online and products are shipped to them, The wholesale channel includes products sold to an intermediary such as convenience, grocery, drug, and mass merchandise stores, who in turn sell those products to consumers, and Outpost channel includes revenue from its Company-operated and franchised Black Rifle Coffee retail coffee shop locations.
Executives
Glenn W. Welling director, 10 percent owner 610 NEWPORT CENTER DRIVE, SUITE 950, NEWPORT BEACH CA 92660
Thomas E Davin director, officer: Co-Chief Executive Officer
Kathryn P Dickson director 1245 CEDAR LAKE ROAD S., MINNEAPOLIS MN 55416
Andrew J. Mccormick officer: Gen. Counsel & Corp. Secretary C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Stephen M Kadenacy officer: CFO C/O AECOM TECHNOLOGY CORPORATION, 555 S. FLOWER STREET, SUITE 3700, LOS ANGELES CA 90071
Christopher John Clark officer: CTO & COO 1250 S. CAPITAL OF TEXAS HIGHWAY, BUILDING 2, SUITE 285, AUSTIN TX 78746
Christopher Mondzelewski officer: President and CMO C/O BRC INC., 1144 S 500 W, SALT LAKE CITY UT 84101
Steven Taslitz director C/O STERLING PARTNERS, 401 NORTH MICHIGAN AVENUE, SUITE 3300, CHICAGO IL 60611
George Munoz director C/O MARRIOTT INTERNATONAL INC, 10400 FERNWOOD ROAD, BETHESDA MD 20817
Roland Smith director, officer: Executive Chairman 2951 28TH STREET, SANTA MONICA CA 90405
Heath Richard Nielsen officer: Chief Retail Officer 1250 S. CAPITAL OF TEXAS HIGHWAY, BUILDING 2, SUITE 285, AUSTIN TX 78746
Gregory James Iverson officer: Chief Financial Officer 4025 S. RIVERPOINT PARKWAY, CF-K809, PHOENIX AZ 85040
Kristina A Braendel officer: Chief Accounting Officer C/O BRC INC., 1144 S. 500 W, SALT LAKE CITY UT 84101
Engaged Capital Co-invest Xiii, Lp other: See Footnote 1 610 NEWPORT CENTER DRIVE, SUITE 250, NEWPORT BEACH CA 92660
Engaged Capital Llc 10 percent owner 610 NEWPORT CENTER DRIVE, SUITE 950, NEWPORT BEACH CA 92660