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Barryroe Offshore Energy (AQSE:PVR) Net Income : £-0.47 Mil (TTM As of Jun. 2022)


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What is Barryroe Offshore Energy 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. Barryroe Offshore Energy's Net Income for the six months ended in Jun. 2022 was £-2.01 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2022 was £-0.47 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Barryroe Offshore Energy's Earnings per Share (Diluted) for the six months ended in Jun. 2022 was £-0.00.


Barryroe Offshore Energy Net Income Historical Data

The historical data trend for Barryroe Offshore Energy'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.

Barryroe Offshore Energy Net Income Chart

Barryroe Offshore Energy Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.03 -4.30 -22.77 -9.38 2.93

Barryroe Offshore Energy Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 -8.32 -1.01 1.40 1.54 -2.01

Barryroe Offshore Energy 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

Barryroe Offshore Energy's Net Income for the fiscal year that ended in Dec. 2021 is calculated as

Net Income(A: Dec. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=2.925+0+0+0
=2.93

Barryroe Offshore Energy's Net Income for the quarter that ended in Jun. 2022 is calculated as

Net Income(Q: Jun. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-2.013+0+0+0
=-2.01

Net Income for the trailing twelve months (TTM) ended in Jun. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.47 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.


Barryroe Offshore Energy  (AQSE:PVR) 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:

Barryroe Offshore Energy's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2022 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.


Barryroe Offshore Energy Net Income Related Terms

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Barryroe Offshore Energy (AQSE:PVR) Business Description

Traded in Other Exchanges
N/A
Address
Corrig Road, Sandyford Business Park, Paramount Court, Dublin, IRL, D18 R9C7
Barryroe Offshore Energy PLC is an Irish-based oil and gas exploration company with a portfolio of appraisal and exploration assets located offshore Ireland. Its projects include Barryroe, North Celtic Sea; Diablo, Southern Porcupine; Dunquin South, Southern Porcupine; Newgrange, Goban Spur; Avalon, Southern Porcupine; and others. The company's only reportable segment is the Republic of Ireland's exploration assets.

Barryroe Offshore Energy (AQSE:PVR) Headlines

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