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Smartnd (Smartnd) Net Income : $4.6 Mil (TTM As of Dec. 2023)


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What is Smartnd 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. Smartnd's Net Income for the three months ended in Dec. 2023 was $-4.8 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $4.6 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Smartnd's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.12.


Smartnd Net Income Historical Data

The historical data trend for Smartnd'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.

Smartnd Net Income Chart

Smartnd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.62 37.95 -50.67 -0.70 4.65

Smartnd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.63 -3.60 6.31 6.73 -4.79

Smartnd 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

Smartnd'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
=-2.252+6.901+0+0
=4.6

Smartnd'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
=-8.118+3.332+0+8.8817841970013E-16
=-4.8

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 $4.6 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.


Smartnd  (NAS:SND) 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:

Smartnd'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.


Smartnd Net Income Related Terms

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Smartnd (Smartnd) Business Description

Traded in Other Exchanges
Address
28420 Hardy Toll Road, Suite 130, Spring, TX, USA, 77373
Smart Sand Inc is a fully integrated frac sand supply and services company that offers complete mine-to-well site proppant supply and logistics solutions. It produces Northern White frac sand, which is a premium proppant used to enhance hydrocarbon recovery rates in the hydraulic fracturing of oil and natural gas wells. Its product portfolio includes Smart System, which includes SmartDepot Silo and SmartPath Loader. The company caters its products and services to oil and natural gas exploration and production companies and oilfield service companies. The majority of its revenue comes from Sand Sales, followed by logistics.
Executives
Andrew R Speaker other: SEE REMARKS 10 HIGHWAY 31, PO BOX 278, PENNINGTON NJ 08534
Clearlake Capital Group, L.p. director, 10 percent owner 233 WILSHIRE BOULEVARD, SUITE 800, SANTA MONICA CA 90401
Christopher M. Green officer: Vice President of Accounting C/O SMART SAND, INC., 28420 HARDY TOLL ROAD, SUITE 130, SPRING TX 77373
William John Young officer: SEE REMARKS C/O SMART SAND, INC., 24 WATERWAY AVENUE, SUITE 350, THE WOODLANDS TX 77380
Lee E Beckelman officer: Chief Financial Officer 12001 NORTH HOUSTON ROSSLYN, HOUSTON TX 77086
Clearlake Capital Management Ii, L.p. director, 10 percent owner 233 WILSHIRE BOULEVARD, SUITE 800, SANTA MONICA CA 90401
Richard J Shearer officer: President-Industrial Products C/O EMERGE ENERGY SERVICES LP, 1400 CIVIC PLACE, SUITE 250, SOUTHLAKE TX 76092
Susan E Neumann officer: SEE REMARKS C/O SMART SAND, INC., 24 WATERWAY AVENUE, SUITE 350, THE WOODLANDS TX 77380
James Douglas Young officer: SEE REMARKS 24 WATERWAY AVENUE, SUITE 350, THE WOODLANDS TX 77380
Frank Porcelli director 800 SCUDDERS MILL RD, PLAINSBORO NJ 08536
Charles Edwin Young director, 10 percent owner, officer: CEO C/O SMART SAND, INC., 24 WATERWAY AVENUE, SUITE 350, THE WOODLANDS TX 77380
Ccp Mm, Llc director, 10 percent owner 233 WILSHIRE BOULEVARD, SUITE 800, SANTA MONICA CA 90401
Timothy Pawlenty director C/O DIGITAL RIVER, INC., 10380 BREN ROAD WEST, MINNETONKA MN 55343-9072
Robert Kiszka officer: Execute VP of Operations C/O SMART SAND, INC., 24 WATERWAY AVENUE, SUITE 350, THE WOODLANDS TX 77380
Sharon Spurlin director 333 CLAY ST, SUITE 1600, HOUSTON TX 77002