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BlackRockome and Growth Investment Trust (LSE:BRIG) Net Income : £2.15 Mil (TTM As of Oct. 2023)


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What is BlackRockome and Growth Investment Trust 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. BlackRockome and Growth Investment Trust's Net Income for the six months ended in Oct. 2023 was £-3.76 Mil. Its Net Income for the trailing twelve months (TTM) ended in Oct. 2023 was £2.15 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. BlackRockome and Growth Investment Trust's Earnings per Share (Diluted) for the six months ended in Oct. 2023 was £-0.18.


BlackRockome and Growth Investment Trust Net Income Historical Data

The historical data trend for BlackRockome and Growth Investment Trust'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.

BlackRockome and Growth Investment Trust Net Income Chart

BlackRockome and Growth Investment Trust Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.26 -7.45 10.62 -0.95 2.15

BlackRockome and Growth Investment Trust Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 1.01 1.91 -2.85 5.91 -3.76

BlackRockome and Growth Investment Trust 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

BlackRockome and Growth Investment Trust's Net Income for the fiscal year that ended in Oct. 2023 is calculated as

Net Income(A: Oct. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=2.157+-0.007+0+0
=2.15

BlackRockome and Growth Investment Trust's Net Income for the quarter that ended in Oct. 2023 is calculated as

Net Income(Q: Oct. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-3.755+-0.001+0+0
=-3.76

Net Income for the trailing twelve months (TTM) ended in Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £2.15 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.


BlackRockome and Growth Investment Trust  (LSE:BRIG) 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:

BlackRockome and Growth Investment Trust's Earnings per Share (Diluted) (EPS) for the quarter that ended in Oct. 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.


BlackRockome and Growth Investment Trust Net Income Related Terms

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BlackRockome and Growth Investment Trust (LSE:BRIG) Business Description

Traded in Other Exchanges
N/A
Address
12 Throgmorton Avenue, London, GBR, EC2N 2DL
BlackRock Income and Growth Investment Trust PLC is a United Kingdom-based asset management firm, whose principal activity is portfolio investment. Its objective is to provide growth in capital and income over the long-term through investment in a diversified portfolio of principally the UK listed equities. BlackRock's investment portfolio consists of companies in the pharmaceutical industry. It also invests across industries such as travel, tobacco, media, financial services, oil and gas, banks, non-life insurance, construction, and support services.

BlackRockome and Growth Investment Trust (LSE:BRIG) Headlines

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