Bass Oil (ASX:BAS) Net Income: A$-0.66 Mil (TTM As of Dec. 2025)

What is Bass Oil Net Income?

Bass Oil ASX:BAS +2.22% Net Income is A$-0.66 Mil as of Dec. 2025. The stock has 2 warning signs investors should review.

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. Bass Oil's Net Income for the six months ended in Dec. 2025 was A$-0.44 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.66 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Bass Oil's Earnings per Share (Diluted) for the six months ended in Dec. 2025 was A$-0.00.

Bass Oil (ASX:BAS) 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:

Bass Oil's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2025 is calculated as

Earnings per Share (Diluted) (Q: Dec. 2025 )	=	(Net Income	-	Preferred Dividends)	/	Shares Outstanding (Diluted Average)
	=	(-0.443	-	0)	/	328.770
	=	-0.00

* 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.

Bass Oil Net Income Related Terms

Bass Oil Net Income Historical Data

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The historical data trend for Bass Oil's Net Income can be seen below:

Bass Oil Net Income Chart

Bass Oil Annual Data

Trend

Jun16

Jun17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Net Income

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-0.83

0.06

0.40

-0.63

-0.66

Bass Oil Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
Net Income	Get a 7-Day Free Trial															0.58	-0.36	-0.27	-0.22	-0.44

Bass Oil 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

Bass Oil's Net Income for the fiscal year that ended in Dec. 2025 is calculated as

	Net Income		(A: Dec. 2025 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	-0.673	+	0.013	+	0	+	0
=	-0.66

Bass Oil's Net Income for the quarter that ended in Dec. 2025 is calculated as

	Net Income		(Q: Dec. 2025 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	-0.555	+	0.111	+	0	+	0.0010000000000001
=	-0.44

Net Income for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.66 Mil.

Frequently Asked Questions Learn more about Net Income →

What does a Net Income of A$-0.66 Mil mean?

Bass Oil (ASX:BAS) has a Net Income of A$-0.66 Mil as of Dec. 2025. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Bass Oil and its competitors.

Is Bass Oil's Net Income too high?

Bass Oil's current Net Income is A$-0.66 Mil.

How does Bass Oil's Net Income compare to COP and EOG?

Bass Oil's Net Income of A$-0.66 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?

A good Net Income depends on the Oil & Gas 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 Bass Oil and its competitors. Bass Oil's current Net Income is A$-0.66 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Bass Oil stock overvalued right now?

Based on GuruFocus' analysis, Bass Oil (ASX:BAS) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.04, compared to a current price of A$0.05 — trading 15% above its estimated fair value. The current Net Income is A$-0.66 Mil. 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 Bass Oil (ASX:BAS), the current Net Income is A$-0.66 Mil as of Dec. 2025. 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.

Bass Oil Business Description

Industry Energy Oil & Gas

Comparable Companies ASX:P1E ASX:VSR ASX:ROG ASX:BUY ASX:MAY ASX:BRU ASX:HPR ASX:EGA ASX:MNE ASX:ATS HKSE:00883 COP TSX:CNQ EOG FANG OXY DVN MIC:NVTK ASX:WDS EQT

Address 11-19 Bank Place, Level 5, Melbourne, VIC, AUS, 3000

Website https://www.bassoil.com.au

Bass Oil Ltd is engaged in oil production from owned oil-producing assets in the Cooper Basin, South Australia, and in the Tangai-Sukananti licence in the prolific South Sumatra Basin, Indonesia. It has two geographic segments, Australia and Indonesia, for the exploration, development, and production of oil and gas. The company generates the majority of its revenue from the Australia segment.