GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ordell Minerals Ltd (ASX:ORD) » Definitions » Net Income

Ordell Minerals (ASX:ORD) Net Income : A$-1.53 Mil (TTM As of Dec. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Ordell Minerals 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. Ordell Minerals's Net Income for the six months ended in Dec. 2024 was A$-1.53 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was A$-1.53 Mil.

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


Ordell Minerals Net Income Historical Data

The historical data trend for Ordell Minerals'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.

Ordell Minerals Net Income Chart

Ordell Minerals Annual Data
Trend Dec23
Net Income
-0.13

Ordell Minerals Semi-Annual Data
Dec23 Jun24 Dec24
Net Income - - -1.53

Ordell Minerals 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

Ordell Minerals's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.125+0+0+0
=-0.13

Ordell Minerals'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
=-1.531+0+0+0
=-1.53

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$-1.53 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.


Ordell Minerals  (ASX:ORD) 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:

Ordell Minerals'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.


Ordell Minerals Net Income Related Terms

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


Ordell Minerals Business Description

Traded in Other Exchanges
N/A
Address
Unit 13, 6 – 10 Douro Place, West Perth, WA, AUS
Ordell Minerals Ltd is a Company engaged in exploration of and, where appropriate, development of its Projects possessing gold and/or lithium and other metals and minerals. The Company's motive is to build Shareholder value by acquiring, exploring and exploiting its mineral resource prospects. The company's three main mineral projects include an approximate eighty percent interest in the Barimaia Project (gold), Hundred percent ownership of the Goodia Project (lithium and gold), and Hundred percent ownership of the Fisher South Project (gold).

Ordell Minerals Headlines

No Headlines