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Sun Pacific Holding (Sun Pacific Holding) Net Income : $-0.55 Mil (TTM As of Sep. 2023)


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What is Sun Pacific Holding 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. Sun Pacific Holding's Net Income for the three months ended in Sep. 2023 was $-0.40 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.55 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Sun Pacific Holding's Earnings per Share (Diluted) for the three months ended in Sep. 2023 was $-0.82.


Sun Pacific Holding Net Income Historical Data

The historical data trend for Sun Pacific Holding'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.

Sun Pacific Holding Net Income Chart

Sun Pacific Holding Annual Data
Trend Sep14 Sep15 Sep16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Income
Get a 7-Day Free Trial Premium Member Only -1.78 -1.19 -1.08 1.59 -0.28

Sun Pacific Holding 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 -0.14 -0.14 -0.11 0.10 -0.40

Sun Pacific Holding 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

Sun Pacific Holding'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
=-0.279+0+0+0
=-0.28

Sun Pacific Holding'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
=-0.399+0+0+0
=-0.40

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 $-0.55 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.


Sun Pacific Holding  (OTCPK:SNPW) 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:

Sun Pacific Holding'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.


Sun Pacific Holding Net Income Related Terms

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Sun Pacific Holding (Sun Pacific Holding) Business Description

Traded in Other Exchanges
N/A
Address
345 Highway 9 South, Suite 388, Manalapan, NJ, USA, 07726
Sun Pacific Holding Corp is a green energy company specializing in solar and waste-to-energy technologies. With a focus on deploying its subject matter expertise and experience in green energy solutions, Sun Pacific is building a Company that designs, develops, builds, and manages green technologies that support renewable energy solutions. Sun Pacific operates several subsidiaries including Sun Pacific Power Corp, Street Smart Outdoor Corp, and National Mechanical Corp. The company provides solar bus stops, solar trashcans, and street kiosks that utilize its advertising offerings that provide State and local municipalities with costs efficient solutions.
Executives
Nicholas B Campanella director, 10 percent owner, officer: CEO 3 KELTON PLACE, MANALAPAN NJ 07726
Vincent Randazzo director 18822, LISTER LANE, HUNTINGTON BEACH CA 92646
William J. Singer director, officer: President 1482 E VALLEY RD, SANTA BARBARA CA 93108
Sumair Mitroo director 4020 GALT OCEAN MILE, APT. 1607, FT. LAUDERDALE FL 33308
Karen Elizabeth Jervis officer: Chief Executive Officer 1 BELLFIELD CRESCENT, EDDLESTON, PEEBLES X0 EH45 8RQ
Graham Philip May officer: Chief Operating Officer 36 SPITAL SQUARE, 4TH FLOOR, LONDON X0 E1 6DY
David Cooper director 52 QUEEN ANNE STREET, LONDON X0 W1G 8HL
Oxon Life Science Ltd 10 percent owner DONEGAN, ZETLANDS, NEVIS U7 0000
Konstantinos Kardiasmenos director, officer: Pres/CEO/CFO/Sec. and Treas. 4 PTOLEMEON STREET, ATHENS J3 11635
Lars Christiansen 10 percent owner 13 MERINO COURT, 154 LIVER STREET, LONDON X0 EC1V 8BG
Mitchell Johnson director, officer: President and CEO SUITE 5.15 MLS BUSINESS CENTRE, 130 SHAFTESBURY AVENUE, LONDON X0 W1D 5EU
Infrablue Inc. 10 percent owner J&J BUSINESS COMPLEX, SUITE 102, FRIARS HILL ROAD, ST. JOHN'S B9 0000
Keydata Technology Partnership 3 Llp 10 percent owner ONE ANGEL COURT, LONDON X0 EC2R 7HJ

Sun Pacific Holding (Sun Pacific Holding) Headlines

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