AAMAF (Atlas Mara) Net Income: $-24.64 Mil (TTM As of Jun. 2020)


AAMAF Atlas Mara Ltd AAMAF
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What is Atlas Mara Net Income?

Atlas Mara AAMAF -90.00% 12 Net Income is $-24.64 Mil as of Jun. 2020. GuruFocus rates AAMAF with a GF Score™ of 12/100.

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. Atlas Mara's Net Income for the six months ended in Jun. 2020 was $-7.86 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2020 was $-24.64 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Atlas Mara's Earnings per Share (Diluted) for the six months ended in Jun. 2020 was $-0.05.


Atlas Mara  (OTCPK:AAMAF) 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:

Atlas Mara's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2020 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.


Atlas Mara Net Income Related Terms


Atlas Mara Net Income Historical Data

* Premium members only.

The historical data trend for Atlas Mara'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.

Atlas Mara Net Income Chart

Atlas Mara Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18
Net Income
0.00 11.25 8.40 45.43 39.71

Atlas Mara Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.60 11.11 -126.43 -16.79 -7.86
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Atlas Mara Ltd AAMAF
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Atlas Mara 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

Atlas Mara's Net Income for the fiscal year that ended in Dec. 2018 is calculated as

Net Income(A: Dec. 2018 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=52.957+-1.252+-9.488+-2.509
=39.71

Atlas Mara's Net Income for the quarter that ended in Jun. 2020 is calculated as

Net Income(Q: Jun. 2020 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=5.701+-7.18+-5.194+-1.185
=-7.86

Net Income for the trailing twelve months (TTM) ended in Jun. 2020 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-24.64 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.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of $-24.64 Mil mean?
Atlas Mara (AAMAF) has a Net Income of $-24.64 Mil as of Jun. 2020. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Atlas Mara and its competitors.
Is Atlas Mara's Net Income too high?
Atlas Mara's current Net Income is $-24.64 Mil. Overall, Atlas Mara has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Atlas Mara's Net Income compare to BLHK and ESBS?
Atlas Mara's Net Income of $-24.64 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Banks company?
A good Net Income depends on the Banks industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Atlas Mara and its competitors. Atlas Mara's current Net Income is $-24.64 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlas Mara stock overvalued right now?
Atlas Mara (AAMAF) has a current Net Income of $-24.64 Mil. The current Net Income is $-24.64 Mil. Atlas Mara's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Atlas Mara (AAMAF), the current Net Income is $-24.64 Mil as of Jun. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Atlas Mara Business Description

Address Waterfront Drive, Luna Tower, Road Town, Tortola, VGB, VG1110
Atlas Mara Ltd is a London-listed financial services group engaged in banking operations. It provides corporate and retail financial services to corporations, small-and-medium-sized enterprises and individuals. Its segments include Nigeria; Botswana; and Zimbabwe. The bank generates most of the revenue from Botswana segment.
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Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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