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Fintec Global Bhd (XKLS:0150PA.PFD) Net Income

: RM7.03 Mil (TTM As of Dec. 2023)
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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. Fintec Global Bhd's Net Income for the three months ended in Dec. 2023 was RM-16.92 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was RM7.03 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Fintec Global Bhd's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was RM.


Fintec Global Bhd Net Income Historical Data

The historical data trend for Fintec Global Bhd'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.

Fintec Global Bhd Annual Data
Trend Jan14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Jun21 Jun22 Jun23
Net Income
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -40.02 226.04 -313.68 -86.96 -31.82

Fintec Global Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income 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 Premium Member Only Premium Member Only Premium Member Only 6.78 -5.72 -5.04 34.71 -16.92

Fintec Global Bhd 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

Fintec Global Bhd'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
=-32.504+0+0+0.683
=-31.82

Fintec Global Bhd's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-17.044+0+0+0.126
=-16.92

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was RM7.03 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.


Fintec Global Bhd  (XKLS:0150PA.PFD) 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:

Fintec Global Bhd's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 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.


Fintec Global Bhd Net Income Related Terms

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Fintec Global Bhd (XKLS:0150PA.PFD) Business Description

Traded in Other Exchanges
Address
No. 8, Persiaran Tropicana, Lot 13.1, Level 13, Menara Lien Hoe, Tropicana Golf & Country Resort, Petaling Jaya, MYS, 47410
Fintec Global Bhd is a technology incubation, investment holding company and manufacturing and sale of rubber gloves. The company's operating segment includes Strategic Investment; AgrilTech; Financial services; and Gloves. It generates maximum revenue from the Strategic investment segment. The company geographically covers Malaysia, Hong Kong and Unites States, out of which it derives maximum revenue from Malaysia.

Fintec Global Bhd (XKLS:0150PA.PFD) Headlines

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