Nixxy, Inc Stock Net Income

NIXX Stock   2.70  0.21  7.22%   
Nixxy, Inc fundamentals help investors to digest information that contributes to Nixxy,'s financial success or failures. It also enables traders to predict the movement of Nixxy, Stock. The fundamental analysis module provides a way to measure Nixxy,'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 Nixxy, stock.
Last ReportedProjected for Next Year
Net Loss-7.7 M-8.1 M
Net Loss-6.7 M-7 M
Net Loss is likely to drop to about (8.1 M) in 2024. Net Loss is likely to drop to about (7 M) in 2024.
  
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Nixxy, Inc Company Net Income Analysis

Nixxy,'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 Nixxy, Net Income

    
  (6.66 M)  
Most of Nixxy,'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, Nixxy, Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Nixxy, Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Nixxy, is extremely important. It helps to project a fair market value of Nixxy, Stock properly, considering its historical fundamentals such as Net Income. Since Nixxy,'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 Nixxy,'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 Nixxy,'s interrelated accounts and indicators.
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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

Nixxy, Net Interest Income

Net Interest Income

(2.78 Million)

Nixxy, reported Net Interest Income of (2.65 Million) in 2023
Based on the recorded statements, Nixxy, Inc reported net income of (6.66 Million). This is 102.57% lower than that of the Industrials sector and significantly lower than that of the Staffing & Employment Services industry. The net income for all United States stocks is 101.17% higher than that of the company.

Nixxy, Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nixxy,'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 Nixxy, could also be used in its relative valuation, which is a method of valuing Nixxy, by comparing valuation metrics of similar companies.
Nixxy, is considered to be number one stock in net income category among its peers.

Nixxy, Fundamentals

About Nixxy, Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nixxy, Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nixxy, using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nixxy, Inc 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.

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Additional Tools for Nixxy, Stock Analysis

When running Nixxy,'s price analysis, check to measure Nixxy,'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 Nixxy, is operating at the current time. Most of Nixxy,'s value examination focuses on studying past and present price action to predict the probability of Nixxy,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nixxy,'s price. Additionally, you may evaluate how the addition of Nixxy, to your portfolios can decrease your overall portfolio volatility.