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Deterra Royalties (ASX:DRR) Net Income From Continuing Operations : A$167.8 Mil (TTM As of Dec. 2023)


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What is Deterra Royalties Net Income From Continuing Operations?

Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. Deterra Royalties's net income from continuing operations for the six months ended in Dec. 2023 was A$78.7 Mil. Its net income from continuing operations for the trailing twelve months (TTM) ended in Dec. 2023 was A$167.8 Mil.


Deterra Royalties Net Income From Continuing Operations Historical Data

The historical data trend for Deterra Royalties's Net Income From Continuing Operations 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.

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Deterra Royalties Net Income From Continuing Operations Chart

Deterra Royalties Annual Data
Trend Jun21 Jun22 Jun23
Net Income From Continuing Operations
94.26 178.46 152.46

Deterra Royalties Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Income From Continuing Operations Get a 7-Day Free Trial 61.70 116.76 63.38 89.08 78.72

Deterra Royalties Net Income From Continuing Operations Calculation

Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Net Income From Continuing Operations for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$167.8 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.


Deterra Royalties (ASX:DRR) Business Description

Industry
Traded in Other Exchanges
Address
140 St Georges Terrace, Level 16, Perth, WA, AUS, 6000
Deterra Royalties was spun out from Iluka Resources in October 2020 with Iluka retaining a 20% interest. Its only material income generating asset is a royalty covering iron ore produced by BHP from the Mining Area C royalty area, located in the Pilbara region of Western Australia. The royalty area includes the North Flank mine, producing approximately 60 million metric tons of iron ore a year, and the South Flank mine, expected to add a further 85 million metric tons a year by 2024 after producing first ore in 2021. The MAC royalty area also covers most of the Tandanya and Mudlark deposits, which BHP intends to develop in the longer term as part of its plan to operate the MAC production hub for at least 50 years. Deterra's strategy is to grow into a diversified royalty company.

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