Simply Better Brands Stock Net Income

SBBC Stock  CAD 1.00  0.01  1.01%   
Simply Better Brands fundamentals help investors to digest information that contributes to Simply Better's financial success or failures. It also enables traders to predict the movement of Simply Stock. The fundamental analysis module provides a way to measure Simply Better's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Simply Better stock.
Last ReportedProjected for Next Year
Net Loss-11.1 M-10.6 M
Net Loss-24.3 M-23 M
Net Loss-24.3 M-23 M
Net Loss(0.36)(0.37)
Net Income Per E B T 0.83  0.70 
Net Loss is likely to climb to about (10.6 M) in 2024. Net Loss is likely to climb to about (23 M) in 2024.
  
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Simply Better Brands Company Net Income Analysis

Simply Better's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Simply Better Net Income

    
  (24.25 M)  
Most of Simply Better's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Simply Better Brands is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Simply Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Simply Better is extremely important. It helps to project a fair market value of Simply Stock properly, considering its historical fundamentals such as Net Income. Since Simply Better's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Simply Better's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Simply Better's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Simply Net Income Applicable To Common Shares

Net Income Applicable To Common Shares

(10.56 Million)

Simply Better reported Net Loss of (11.11 Million) in 2023
Based on the recorded statements, Simply Better Brands reported net income of (24.25 Million). This is 107.11% lower than that of the Pharmaceuticals sector and significantly lower than that of the Health Care industry. The net income for all Canada stocks is 104.25% higher than that of the company.

Simply Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Simply Better's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Simply Better could also be used in its relative valuation, which is a method of valuing Simply Better by comparing valuation metrics of similar companies.
Simply Better is currently under evaluation in net income category among its peers.

Simply Fundamentals

About Simply Better Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Simply Better Brands's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Simply Better using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Simply Better Brands based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Simply Stock Analysis

When running Simply Better's price analysis, check to measure Simply Better's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Simply Better is operating at the current time. Most of Simply Better's value examination focuses on studying past and present price action to predict the probability of Simply Better's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Simply Better's price. Additionally, you may evaluate how the addition of Simply Better to your portfolios can decrease your overall portfolio volatility.