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Luggo Fundo DE Investimento Imobiliario - FII (BSP:LUGG11) Net Income : R$13.13 Mil (TTM As of Jun. 2023)


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What is Luggo Fundo DE Investimento Imobiliario - FII 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. Luggo Fundo DE Investimento Imobiliario - FII's Net Income for the six months ended in Jun. 2023 was R$13.13 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2023 was R$13.13 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Luggo Fundo DE Investimento Imobiliario - FII's Earnings per Share (Diluted) for the six months ended in Jun. 2023 was R$11.61.


Luggo Fundo DE Investimento Imobiliario - FII Net Income Historical Data

The historical data trend for Luggo Fundo DE Investimento Imobiliario - FII'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.

Luggo Fundo DE Investimento Imobiliario - FII Net Income Chart

Luggo Fundo DE Investimento Imobiliario - FII Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Net Income
14.08 18.77 9.74 13.13

Luggo Fundo DE Investimento Imobiliario - FII Semi-Annual Data
Jun20 Jun21 Jun22 Jun23
Net Income 14.08 18.77 9.74 13.13

Luggo Fundo DE Investimento Imobiliario - FII 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

Luggo Fundo DE Investimento Imobiliario - FII's Net Income for the fiscal year that ended in Jun. 2023 is calculated as

Net Income(A: Jun. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=13.131+0+0+0
=13.13

Luggo Fundo DE Investimento Imobiliario - FII's Net Income for the quarter that ended in Jun. 2023 is calculated as

Net Income(Q: Jun. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=13.131+0+0+0
=13.13

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Net Income for the trailing twelve months (TTM) ended in Jun. 2023 was R$13.13 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.


Luggo Fundo DE Investimento Imobiliario - FII  (BSP:LUGG11) 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:

Luggo Fundo DE Investimento Imobiliario - FII's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 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.


Luggo Fundo DE Investimento Imobiliario - FII Net Income Related Terms

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Luggo Fundo DE Investimento Imobiliario - FII (BSP:LUGG11) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Avenue Presidente Juscelino Kubitschek, 1400 - 8th Floor, Condminio Maria Cecilia Lara Campos - Itaim Bibi, Sao Paulo, SP, BRA, 04543-000
Luggo Fundo DE Investimento Imobiliario - FII is a real estate investment fund which focuses its investments in the residential construction sector.

Luggo Fundo DE Investimento Imobiliario - FII (BSP:LUGG11) Headlines

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