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Basin Energy (ASX:BSN) Net Income : A$-2.90 Mil (TTM As of Dec. 2024)


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What is Basin 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. Basin Energy's Net Income for the six months ended in Dec. 2024 was A$-0.76 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was A$-2.90 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Basin Energy's Earnings per Share (Diluted) for the six months ended in Dec. 2024 was A$-0.01.


Basin Energy Net Income Historical Data

The historical data trend for Basin 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.

Basin Energy Net Income Chart

Basin Energy Annual Data
Trend Jun23 Jun24
Net Income
-1.35 -2.76

Basin Energy Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24
Net Income -0.93 -0.42 -0.62 -2.14 -0.76

Basin 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

Basin Energy's Net Income for the fiscal year that ended in Jun. 2024 is calculated as

Net Income(A: Jun. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-2.756+0+0+0
=-2.76

Basin Energy's Net Income for the quarter that ended in Dec. 2024 is calculated as

Net Income(Q: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.76+0+0+0
=-0.76

Net Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-2.90 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.


Basin Energy  (ASX:BSN) 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:

Basin Energy's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2024 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.


Basin Energy Net Income Related Terms

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Basin Energy Business Description

Traded in Other Exchanges
N/A
Address
3 Ord Street, Level 1, West Perth, WA, AUS, 6005
Basin Energy Ltd is an early-stage mineral exploration and development company focused on uranium projects located in Canada. The company holds interests in the Marshall, Geikie, and North Millennium Projects. Each of the Projects is a prospective uranium exploration project.

Basin Energy Headlines

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