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Universal Global Hub (Universal Global Hub) Net Income : $-0.04 Mil (TTM As of Jun. 2023)


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What is Universal Global Hub 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. Universal Global Hub's Net Income for the three months ended in Jun. 2023 was $-0.01 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.04 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Universal Global Hub's Earnings per Share (Diluted) for the three months ended in Jun. 2023 was $-0.00.


Universal Global Hub Net Income Historical Data

The historical data trend for Universal Global Hub'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.

Universal Global Hub Net Income Chart

Universal Global Hub Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 -0.03 -0.05 -0.04 -0.05

Universal Global Hub Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 -0.01 -0.01 -0.02 -0.01 -0.01

Universal Global Hub 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

Universal Global Hub'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
=-0.046+0+0+0
=-0.05

Universal Global Hub's Net Income for the quarter that ended in Jun. 2023 is calculated as

Net Income(Q: Jun. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.01+0+0+0
=-0.01

Net Income for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.04 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.


Universal Global Hub  (OTCPK:UGHB) 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:

Universal Global Hub's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 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.


Universal Global Hub Net Income Related Terms

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Universal Global Hub (Universal Global Hub) Business Description

Traded in Other Exchanges
N/A
Address
6141 186th Street, Suite 688, Fresh Meadows, New York, NY, USA, 11365
Universal Global Hub Inc is a blank check company.
Executives
Wei H Tsao director, officer: CEO, President 14112 79TH AVENUE, APT 1I, FLUSHING NY 11367
Nossiff John G Jr 10 percent owner 4 WILDER DR., #7, PLAISTOW NH 03865
Laurence H King director, officer: Chairman 425 BUENA VISTA RD, NEW YORK NY 10956
George Adyns officer: Chief Financial Officer 4 WILDER DR, #7, PLAISTOW NH 03865
Mark Shefts 10 percent owner 160 SUMMIT AVE, MONTVALE NJ 07645
Wanda D Shefts 10 percent owner 4461 WATERS EDGE LANE, SANIBEL FL 33957
Michael R. Rosa director, 10 percent owner, officer: CHIEF EXECUTIVE OFFICER 4 WILDER DR. #7, PLAISTOW NH 03865
Ibrahim Ash officer: VICE PRES BUSINESS DEVELOPMENT 4 WILDER DR., #7, PLAISTOW NH 03865
Michael G Faris director, officer: Exec. VP, Operations & CFO 4 WILDER DR., #7, PLAISTOW NH 03865
Richard Chiang director, 10 percent owner, officer: President,Secretary,Treasurer, other: *Resigned positions 12/10/12 460 BRANNAN STREET SUITE 78064, SAN FRANCISCO CA 94107

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