GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Caspin Resources Ltd (ASX:CPN) » Definitions » Net Income

Caspin Resources (ASX:CPN) Net Income : A$-1.86 Mil (TTM As of Dec. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Caspin Resources 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. Caspin Resources's Net Income for the six months ended in Dec. 2024 was A$-1.13 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was A$-1.86 Mil.

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


Caspin Resources Net Income Historical Data

The historical data trend for Caspin Resources'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.

Caspin Resources Net Income Chart

Caspin Resources Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Net Income
-2.39 -6.43 -11.19 -2.52

Caspin Resources Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Net Income Get a 7-Day Free Trial Premium Member Only -5.48 -5.71 -1.79 -0.73 -1.13

Caspin Resources 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

Caspin Resources'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
=-2.522+0+0+0
=-2.52

Caspin Resources'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
=-1.13+0+0+0
=-1.13

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$-1.86 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.


Caspin Resources  (ASX:CPN) 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:

Caspin Resources'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.


Caspin Resources Net Income Related Terms

Thank you for viewing the detailed overview of Caspin Resources's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Caspin Resources Business Description

Traded in Other Exchanges
N/A
Address
675 Murray Street, Ground Floor, West Perth, Perth, WA, AUS, 6005
Caspin Resources Ltd is a mining company engaged in mineral exploration and assessment of mineral projects in Australia. Its projects include the Bygoo Tin Project, Mount Squires Gold and Base Metals Project; and the Yarawindah Brook Project which is focused on nickel, copper, cobalt, and gold mining.

Caspin Resources Headlines

From GuruFocus

Weekly Insider Sells Highlight: CPN, INCY, GPK, CODE

By Jimmy Xiao gurujx 02-24-2014

Bunny Portfolio Hops Into a Wall

By John Dorfman John Dorfman 12-09-2015

Bill Nygren Comment on Calpine Corporation

By guruek guruek 07-13-2010

David Einhorn Purchases Stake in Calpine

By Kyle Ferguson Kyle Ferguson 09-07-2016

Robert Bruce Exits Calpine, Agenus

By Tiziano Frateschi Tiziano Frateschi 05-23-2018

If You Own Utility Stocks, Consider Selling the Overvalued Ones - Part 1

By Chuck Carnevale Chuck Carnevale 07-25-2012

David Einhorn Adds Calpine, Rite Aid, Amaya to Portfolio

By Sydnee Gatewood Sydnee Gatewood 08-16-2016