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Addvantage Technologies Group (Addvantage Technologies Group) Net Income : $-8.80 Mil (TTM As of Sep. 2023)


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What is Addvantage Technologies 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. Addvantage Technologies Group's Net Income for the three months ended in Sep. 2023 was $-2.73 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was $-8.80 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Addvantage Technologies Group's Earnings per Share (Diluted) for the three months ended in Sep. 2023 was $-1.91.


Addvantage Technologies Group Net Income Historical Data

The historical data trend for Addvantage Technologies 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.

Addvantage Technologies Group Net Income Chart

Addvantage Technologies Group Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Dec22
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.32 -5.30 -17.33 -6.50 0.47

Addvantage Technologies Group 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 1.48 -0.49 -2.75 -2.83 -2.73

Addvantage Technologies 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

Addvantage Technologies Group'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
=0.479+-0.008+0+0
=0.47

Addvantage Technologies Group'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
=-2.725+-0.002+0+0
=-2.73

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 $-8.80 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.


Addvantage Technologies Group  (OTCPK:AEYGQ) 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:

Addvantage Technologies Group'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.


Addvantage Technologies Group Net Income Related Terms

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Addvantage Technologies Group (Addvantage Technologies Group) Business Description

Traded in Other Exchanges
N/A
Address
1430 Bradley Lane, Suite 196, Carrollton, TX, USA, 75007
Addvantage Technologies Group Inc is a communications infrastructure services and equipment provider operating a diversified group of companies through its Wireless Infrastructure Services and Telecommunications segments. Its Wireless Infrastructure Services segment provides turn-key wireless services including the installation, modification and upgrading of equipment on communication towers and small cell sites for wireless carriers, national integrators, tower owners and major equipment manufacturers. Its Telecommunications segment sell equipment used to acquire, distribute, and protect the communications signals. The Telecommunications segment generates maximum revenue for the company.
Executives
Timothy Scott Harden director 5729 LEBANON ROAD, SUITE 144411, FRISCO TX 75034
Jim Mcgill director 2121 SOUTH YORKTOWN #1103, TULSA OK 74114
Brian Neal Davidson officer: Chief Revenue Officer 1430 BRADLEY LANE, SUITE 196, CARROLLTON TX 75007
Jerry Don Jones officer: President, Fulton Technologies 1045 BRICE ST, MERIDIAN TX 76665
Michael A Rutledge officer: Chief Financial Officer 5000 LEGACY DR, SUITE 350, PLANO TX 75024
Michael G Ramke officer: INTERIM CFO
Kenneth A Chymiak director, 10 percent owner, officer: President and CEO 808 N 16TH ST, BROKEN ARROW OK 74012
Susan C Chymiak 10 percent owner C/O ADDVANTAGE TECHNOLOGIES GROUP INC, 1605 E IOLA, BROKEN ARROW OK 74012
Jarrod M Watson officer: Chief Financial Officer 5604 TEMPLIN WAY, PLANO TX 75093
Jimmy R Taylor officer: President, Wireless Services 22905 CIELO VISTA, SAN ANTONIO TX 78255
Reginald Jaramillo officer: President, Telco Segment 1801 GOLIAD WAY, LANTANA TX 76226
John Shelnutt director 605 ISLEWORTH LANE, MCKINNEY TX 75072
Donald Jr Kinison officer: Vice President of Sales 1010 TWIN OAKS, PROSPER TX 75078
Scott A Francis director, officer: VP and CFO 1221 E. HOUSTON ST., BROKEN ARROW OK 74012
Empey Colby officer: President, Wireless Services 908 BLUFFVIEW DRIVE, ALLEN TX 75002