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Hawthorn Resources (XCNQ:HWTN) Net Income : C$-0.33 Mil (TTM As of Jan. 2024)


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What is Hawthorn Resources 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. Hawthorn Resources's Net Income for the three months ended in Jan. 2024 was C$-0.07 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jan. 2024 was C$-0.33 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Hawthorn Resources's Earnings per Share (Diluted) for the three months ended in Jan. 2024 was C$-0.00.


Hawthorn Resources Net Income Historical Data

The historical data trend for Hawthorn Resources'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.

Hawthorn Resources Net Income Chart

Hawthorn Resources Annual Data
Trend Jul22 Jul23
Net Income
-0.17 -0.29

Hawthorn Resources Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.05 -0.05 -0.11 -0.10 -0.07

Hawthorn Resources 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

Hawthorn Resources's Net Income for the fiscal year that ended in Jul. 2023 is calculated as

Net Income(A: Jul. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.291+0+0+0
=-0.29

Hawthorn Resources's Net Income for the quarter that ended in Jan. 2024 is calculated as

Net Income(Q: Jan. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.071+0+0+0
=-0.07

Net Income for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.33 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.


Hawthorn Resources  (XCNQ:HWTN) 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:

Hawthorn Resources's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jan. 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.


Hawthorn Resources Net Income Related Terms

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Hawthorn Resources (XCNQ:HWTN) Business Description

Traded in Other Exchanges
N/A
Address
625 Howe Street, Suite 1180, Vancouver, BC, CAN, V6C 2T6
Website
Hawthorn Resources Corp is a mineral exploration company that acquires and explores mineral properties. The company holds an interest in the Broken Handle Project, which is located in British Columbia, Canada. The Broken Handle Project is at an early stage of exploration.

Hawthorn Resources (XCNQ:HWTN) Headlines

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