Jordanian Mutual Funds Management Co (AMM:FUND) Net Income: JOD-1.12 Mil (TTM As of Dec. 2023)

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AMM:FUND Jordanian Mutual Funds Management Co AMM:FUND
21 GF Score
Price JOD0.04
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What is Jordanian Mutual Funds Management Co Net Income?

Jordanian Mutual Funds Management Co AMM:FUND 21 Net Income is JOD-1.12 Mil as of Dec. 2023. GuruFocus rates AMM:FUND with a GF Score™ of 21/100.

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. Jordanian Mutual Funds Management Co's Net Income for the three months ended in Dec. 2023 was JOD-0.57 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was JOD-1.12 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Jordanian Mutual Funds Management Co's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was JOD-0.09.


Jordanian Mutual Funds Management Co  (AMM:FUND) 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:

Jordanian Mutual Funds Management Co'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.


Jordanian Mutual Funds Management Co Net Income Related Terms


Jordanian Mutual Funds Management Co Net Income Historical Data

* Premium members only.

The historical data trend for Jordanian Mutual Funds Management Co'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.

Jordanian Mutual Funds Management Co Net Income Chart

Jordanian Mutual Funds Management Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.24 -0.38 -0.62 -1.16 -1.22

Jordanian Mutual Funds Management Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial 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 -0.42 -0.02 -0.37 -0.16 -0.57
AMM:FUND
21GF Score
Jordanian Mutual Funds Management Co AMM:FUND
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Jordanian Mutual Funds Management Co 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

Jordanian Mutual Funds Management Co's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.218+0+0+0
=-1.22

Jordanian Mutual Funds Management Co'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
=-0.568+0+0+0
=-0.57

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 JOD-1.12 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 JOD-1.12 Mil mean?
Jordanian Mutual Funds Management Co (AMM:FUND) has a Net Income of JOD-1.12 Mil as of Dec. 2023. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Jordanian Mutual Funds Management Co and its competitors.
Is Jordanian Mutual Funds Management Co's Net Income too high?
Jordanian Mutual Funds Management Co's current Net Income is JOD-1.12 Mil. Overall, Jordanian Mutual Funds Management Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Jordanian Mutual Funds Management Co's Net Income compare to BLK and BX?
Jordanian Mutual Funds Management Co's Net Income of JOD-1.12 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good Net Income depends on the Asset Management 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 Jordanian Mutual Funds Management Co and its competitors. Jordanian Mutual Funds Management Co's current Net Income is JOD-1.12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jordanian Mutual Funds Management Co stock overvalued right now?
Jordanian Mutual Funds Management Co (AMM:FUND) has a current Net Income of JOD-1.12 Mil. The current Net Income is JOD-1.12 Mil. Jordanian Mutual Funds Management Co's overall GF Score™ is 21/100. 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 Jordanian Mutual Funds Management Co (AMM:FUND), the current Net Income is JOD-1.12 Mil as of Dec. 2023. 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.

Jordanian Mutual Funds Management Co Business Description

Address Airport Road, Madaba Bridge, P.O Box 921513, Rum Group for Transportation, Tourism Investment, Amman, JOR, 11192
Jordanian Mutual Funds Management Co is a Jordan based fund management company. The company is engaged in establishing mutual funds, purchase and sales of shares and stocks for business purpose and managing investment funds except for financial brokerage.
21GF Score

Get the complete analysis for AMM:FUND

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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