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Strong Global Entertainment (Strong Global Entertainment) Net Income : $-2.36 Mil (TTM As of Mar. 2024)


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What is Strong Global Entertainment 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. Strong Global Entertainment's Net Income for the three months ended in Mar. 2024 was $-0.07 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-2.36 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Strong Global Entertainment's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $-0.01.


Strong Global Entertainment Net Income Historical Data

The historical data trend for Strong Global Entertainment'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.

Strong Global Entertainment Net Income Chart

Strong Global Entertainment Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
1.89 1.45 0.65 1.70 -1.91

Strong Global Entertainment Quarterly Data
Dec19 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 Premium Member Only 0.37 -0.42 0.03 -1.91 -0.07

Strong Global Entertainment 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

Strong Global Entertainment'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
=3.427+-0.477+-4.86+2.2204460492503E-16
=-1.91

Strong Global Entertainment'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
=0.252+-0.133+-0.192+1.3877787807814E-17
=-0.07

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 $-2.36 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.


Strong Global Entertainment  (AMEX:SGE) 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:

Strong Global Entertainment'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.


Strong Global Entertainment Net Income Related Terms

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Strong Global Entertainment (Strong Global Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
4201 Congress Street, Suite 175, Charlotte, NC, USA, 28209
Strong Global Entertainment Inc is engaged in providing products and services to cinema exhibitors and entertainment venues. It manufactures and distributes premium large format projection screens, provide comprehensive managed services, technical support and related products and services primarily to cinema exhibitors, theme parks, educational institutions, and similar venues. It also provides maintenance, repair, installation, network support services and other services to cinema operators, primarily in the United States.
Executives
Mark D. Roberson director, officer: CEO and Director 27271 LAS RAMBLAS, STE. 200, MISSION VIEJO CA 92691
Fg Group Holdings Inc. 10 percent owner 4201 CONGRESS STREET, SUITE 175, CHARLOTTE NC 28209
Strong/mdi Screen Systems, Inc. 10 percent owner 1440 RAOUL-CHARETTE, JOLIETTE A8 J6E 8S7
Kyle Cerminara director C/O FUNDAMENTAL GLOBAL INVESTORS, LLC, 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Ray Boegner officer: President 4350 MCKINLEY ST, OMAHA NE 68112
Todd Robert Major officer: CFO, Secretary & Treasury 4201 CONGRESS STREET, SUITE 175, CHARLOTTE NC 28209
John W. Struble director C/O RELM WIRELESS CORPORATION, 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904
Marsha G King director C/O 1347 PROPERTY INSURANCE HOLDINGS, IN, 1511 N. WESTSHORE BLVD., SUITE 870, TAMPA FL 33607
Govignon Richard Edward Jr director 54 ANNETTE DR, MARLBORO NJ 07746

Strong Global Entertainment (Strong Global Entertainment) Headlines