GURUFOCUS.COM » STOCK LIST » Technology » Software » RegTech Open Project plc (LSE:RTOP) » Definitions » Net Income

RegTech Open Project (LSE:RTOP) Net Income : £-1.49 Mil (TTM As of Dec. 2022)


View and export this data going back to 2023. Start your Free Trial

What is RegTech Open Project 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. RegTech Open Project's Net Income for the six months ended in Dec. 2022 was £-1.49 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2022 was £-1.49 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. RegTech Open Project's Earnings per Share (Diluted) for the six months ended in Dec. 2022 was £-0.02.


RegTech Open Project Net Income Historical Data

The historical data trend for RegTech Open Project'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.

RegTech Open Project Net Income Chart

RegTech Open Project Annual Data
Trend Dec20 Dec21
Net Income
-0.81 -0.65

RegTech Open Project Semi-Annual Data
Dec20 Dec21 Dec22
Net Income -0.81 -0.65 -1.49

RegTech Open Project 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

RegTech Open Project's Net Income for the fiscal year that ended in Dec. 2021 is calculated as

Net Income(A: Dec. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.93+0.281+0+0
=-0.65

RegTech Open Project's Net Income for the quarter that ended in Dec. 2022 is calculated as

Net Income(Q: Dec. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.997+0.504+0+0
=-1.49

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Net Income for the trailing twelve months (TTM) ended in Dec. 2022 was £-1.49 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.


RegTech Open Project  (LSE:RTOP) 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:

RegTech Open Project's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2022 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.


RegTech Open Project Net Income Related Terms

Thank you for viewing the detailed overview of RegTech Open Project's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


RegTech Open Project (LSE:RTOP) Business Description

Traded in Other Exchanges
Address
107 Cheapside, 9th Floor, London, GBR, EC2V 6DN
RegTech Open Project plc is a technology business specialized in regtech that has developed the Orbit Open Platform, an award-winning proprietary software platform focused on OR, which helps its customers navigate an increasingly complex regulatory landscape, maintain a secure and stable operating environment, whilst improving compliance with applicable regulations and standards and reducing the risk of business disruptions. The Orbit Open Platform is a cloud-based SaaS solution that offers a suite of modules and features enabling businesses to achieve OR more efficiently and effectively. By leveraging the cloud, the Orbit Open Platform is able to offer flexibility, scalability, and easy access for businesses of all sizes, sectors and geographies.

RegTech Open Project (LSE:RTOP) Headlines

No Headlines