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Snap One Holdings (Snap One Holdings) Net Income : $-30 Mil (TTM As of Mar. 2024)


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What is Snap One Holdings 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. Snap One Holdings's Net Income for the three months ended in Mar. 2024 was $-23 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-30 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Snap One Holdings's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $-0.30.


Snap One Holdings Net Income Historical Data

The historical data trend for Snap One Holdings'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.

Snap One Holdings Net Income Chart

Snap One Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
-34.36 -24.88 -36.40 -8.63 -21.37

Snap One Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -14.55 -0.12 -0.90 -5.80 -22.93

Snap One Holdings 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

Snap One Holdings'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
=-33.409+12.041+0+0
=-21

Snap One Holdings's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-11.908+-11.025+0+0
=-23

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-30 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.


Snap One Holdings  (NAS:SNPO) 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:

Snap One Holdings's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 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.


Snap One Holdings Net Income Related Terms

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Snap One Holdings (Snap One Holdings) Business Description

Traded in Other Exchanges
Address
1800 Continental Boulevard, Suite 200, Charlotte, NC, USA, 28273
Snap One Holdings Corp provides products, services, and software to its network of professional integrators that enable them to deliver smart living experiences for their residential and business end users. The Company's hardware and software portfolio includes proprietary and third-party offerings across connected, infrastructure, and entertainment categories. Additionally, the Company provides value-added services and workflow solutions to support integrators throughout the project lifecycle, enhancing their operations.
Executives
John H Heyman director, officer: Chief Executive Officer 3925 BROOKSIDE PARKWAY, ALPHARETTA GA 30022
Ryan Francis Marsh other: Executive VP of Sales C/O SNAP ONE HOLDINGS CORP.,, 1800 CONTINENTAL BLVD., SUITE 200, CHARLOTTE NC 28273
Kathleen Ann Creech officer: Chief People Officer C/O SNAP ONE HOLDINGS CORP., 1800, CONTINENTAL BLVD., SUITE 200, CHARLOTTE NC 28273
Jefferson Dungan officer: Chief Operations Officer C/O CONTROL4 CORPORATION, 11734 S. ELECTION ROAD, SALT LAKE CITY UT 84020
Thomas Hendrickson director 16234 SANDSTONE DRIVE, MORRISON CO 80465
Michael Carlet officer: Chief Financial Officer C/O SNAP ONE HOLDINGS CORP., 1800 CONTINENTAL BLVD., SUITE 200, CHARLOTTE NC 28273
Galen Paul Hess officer: Chief Product Officer C/O SNAP ONE HOLDINGS CORP., 1800 CONTINENTAL BLVD., SUITE 200, CHARLOTTE NC 28273
Jeffrey Hindman officer: Chief Revenue Officer C/O SNAP ONE HOLDINGS CORP., 1800 CONTINENTAL BLVD., SUITE 200, CHARLOTTE NC 28273
Adalio T Sanchez director 6060 COVENTRY DRIVE, ELKHORN NE 68022
Joshua D. Ellis officer: Chief Legal Officer CONTROL4 CORP., 11734 S. ELECTION ROAD, SALT LAKE CITY UT 84020
H&f Associates Viii, L.p. 10 percent owner ONE MARITINE PLAZA, 12TH FLOOR, SAN FRANCISCO CA 94111
H&f Corporate Investors Viii, Ltd. 10 percent owner 415 MISSION STREET, SUITE 5700, SAN FRANCISCO CA 94105
Hellman & Friedman Investors Viii, L.p. 10 percent owner 415 MISSION STREET, SUITE 5700, SAN FRANCISCO CA 94105
H&f Executives Viii, L.p. 10 percent owner ONE MARITIME PLAZA, 12TH FLOOR, SAN FRANCISCO CA 94111
Hellman & Friedman Capital Partners Viii, L.p. 10 percent owner ONE MARITINE PLAZA, 12TH FLOOR, SAN FRANCISCO CA 94111