BWE Drilling (ASX:BWE) Net Income: A$-15.28 Mil (TTM As of Dec. 2024)

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ASX:BWE BWE Drilling Ltd ASX:BWE
30 GF Score
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What is BWE Drilling Net Income?

BWE Drilling ASX:BWE 30 Net Income is A$-15.28 Mil as of Dec. 2024. GuruFocus rates ASX:BWE with a GF Score™ of 30/100.

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. BWE Drilling's Net Income for the six months ended in Dec. 2024 was A$-3.85 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was A$-15.28 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. BWE Drilling's Earnings per Share (Diluted) for the six months ended in Dec. 2024 was A$-0.03.


BWE Drilling  (ASX:BWE) 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:

BWE Drilling'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.


BWE Drilling Net Income Related Terms


BWE Drilling Net Income Historical Data

* Premium members only.

The historical data trend for BWE Drilling'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.

BWE Drilling Net Income Chart

BWE Drilling Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Net Income
1.64 2.05 1.99 -8.58

BWE Drilling Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Net Income Get a 7-Day Free Trial Premium Member Only -2.51 4.50 2.86 -11.43 -3.85
ASX:BWE
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BWE Drilling Ltd ASX:BWE
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BWE Drilling 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

BWE Drilling'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
=-12.779+4.202+0+0
=-8.58

BWE Drilling'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
=-4.646+0.797+0+-0.0010000000000003
=-3.85

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$-15.28 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 A$-15.28 Mil mean?
BWE Drilling (ASX:BWE) has a Net Income of A$-15.28 Mil as of Dec. 2024. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on BWE Drilling and its competitors.
Is BWE Drilling's Net Income too high?
BWE Drilling's current Net Income is A$-15.28 Mil. Overall, BWE Drilling has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does BWE Drilling's Net Income compare to PWR and FIX?
BWE Drilling's Net Income of A$-15.28 Mil can be compared against companies in the Construction 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 Construction company?
A good Net Income depends on the Construction 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 BWE Drilling and its competitors. BWE Drilling's current Net Income is A$-15.28 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BWE Drilling stock overvalued right now?
BWE Drilling (ASX:BWE) has a current Net Income of A$-15.28 Mil. The current Net Income is A$-15.28 Mil. BWE Drilling's overall GF Score™ is 30/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For BWE Drilling (ASX:BWE), the current Net Income is A$-15.28 Mil as of Dec. 2024. 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.

BWE Drilling Business Description

Address 76 Hasler Road, Level 2, Osborne Park, Perth, WA, AUS, 6017
BWE Drilling Ltd, formerly Dynamic Group Holdings Ltd is a supplier of drilling and blasting services to clients in the mining and construction sectors in Western Australia. It has extensive experience in areas of drilling and blasting, exploration and mine site resource definitions and grade control drilling, and water drilling, including deep artesian bores.
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