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Dragonfly Energy Holdings (Dragonfly Energy Holdings) Net Income : $-29.08 Mil (TTM As of Mar. 2024)


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What is Dragonfly Energy 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. Dragonfly Energy Holdings's Net Income for the three months ended in Mar. 2024 was $-10.37 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-29.08 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Dragonfly Energy Holdings's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $-0.17.


Dragonfly Energy Holdings Net Income Historical Data

The historical data trend for Dragonfly Energy 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.

Dragonfly Energy Holdings Net Income Chart

Dragonfly Energy Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Income
6.88 4.34 -39.99 -13.82

Dragonfly Energy Holdings Quarterly Data
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 4.78 -11.70 -10.02 3.01 -10.37

Dragonfly Energy 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

Dragonfly Energy 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
=-13.843+0.026+0+0
=-13.82

Dragonfly Energy 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
=-10.367+0+0+0
=-10.37

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 $-29.08 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.


Dragonfly Energy Holdings  (NAS:DFLI) 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:

Dragonfly Energy 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.


Dragonfly Energy Holdings Net Income Related Terms

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Dragonfly Energy Holdings (Dragonfly Energy Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1190 Trademark Drive, No. 108, Reno, NV, USA, 89521
Dragonfly Energy Holdings Corp is a manufacturer of non-toxic deep cycle lithium-ion batteries that are designed to displace lead acid batteries in a number of different storage applications and end markets including RV, marine vessel, and solar and off-grid industries, with disruptive solid-state cell technology currently under development.
Executives
Wade Seaburg officer: Chief Revenue Officer C/O DRAGONFLY ENERGY HOLDINGS CORP., 1190 TRADEMARK DRIVE #108, RENO NV 89521
Karina Edmonds director 1190 TRADEMARK DRIVE, #108, RENO NV 89521
Luisa Ingargiola director 4826 BLUE JAY CIRCLE, PALM HARBOR FL 34683
Brian James Nelson director C/O DRAGONFLY ENERGY CORP., 1190 TRADEMARK DR., SUITE 108, RENO NV 89521
Jonathan Bellows director C/O DRAGONFLY ENERGY CORP., 1190 TRADEMARK DR., SUITE 118, RENO NV 89521
Dynavolt Technology (hk) Ltd. 10 percent owner A1601 COMPREHENSIVE BUSINESS BUILDING, MENGSHI INTERNATIONAL PLAZA,GUANGYI ROAD, CHENG HAI, GUANGDONG F4 00000
Tyler Bourns officer: Senior VP of Marketing 1190 TRADEMARK DRIVE, #118, RENO NV 89521
Joan Buell officer: Controller 1190 TRADEMARK DRIVE, #118, RENO NV 89521
Nicole Harvey officer: Gen Counsel,Comp Off,Corp Sec 1190 TRADEMARK DRIVE, #118, RENO NV 89521
Sean Nichols officer: Chief Operating Officer 1190 TRADEMARK DRIVE, #108, RENO NV 89521
Denis Phares director, 10 percent owner, officer: President and CEO 1190 TRADEMARK DRIVE, #108, RENO NV 89521
John Marchetti officer: Chief Financial Officer 3736 FALLON ROAD #428, DUBLIN CA 94568
Rick Parod director 2707 N 108TH STREET STE102, OMAHA NE 68164
Roderick A. Hardamon director 17 STATE STREET, 21ST FLOOR, NEW YORK NY 10004
Hitesh Thakrar director 17 STATE STREET, 21ST FLOOR, NEW YORK NY 10004

Dragonfly Energy Holdings (Dragonfly Energy Holdings) Headlines

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