BMSPF (Biomass Secure Power) Net Income: $-0.26 Mil (TTM As of Jun. 2010)

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What is Biomass Secure Power Net Income?

Biomass Secure Power BMSPF -71.43% Net Income is $-0.26 Mil as of Jun. 2010.

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. Biomass Secure Power's Net Income for the six months ended in Jun. 2010 was $-0.26 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2010 was $-0.26 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Biomass Secure Power's Earnings per Share (Diluted) for the six months ended in Jun. 2010 was $-0.00.


Biomass Secure Power  (OTCPK:BMSPF) 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:

Biomass Secure Power's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2010 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.


Biomass Secure Power Net Income Related Terms


Biomass Secure Power Net Income Historical Data

* Premium members only.

The historical data trend for Biomass Secure Power'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.

Biomass Secure Power Net Income Chart

Biomass Secure Power Annual Data
Trend Jun04 Jun05 Jun09 Jun10
Net Income
-0.20 -0.25 -0.23 -0.26

Biomass Secure Power Semi-Annual Data
Jun04 Jun05 Jun09 Jun10
Net Income -0.20 -0.25 -0.23 -0.26

Biomass Secure Power 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

Biomass Secure Power's Net Income for the fiscal year that ended in Jun. 2010 is calculated as

Net Income(A: Jun. 2010 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0+0+0+-0.257
=-0.26

Biomass Secure Power's Net Income for the quarter that ended in Jun. 2010 is calculated as

Net Income(Q: Jun. 2010 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0+0+0+-0.257
=-0.26

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Net Income for the trailing twelve months (TTM) ended in Jun. 2010 was $-0.26 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 $-0.26 Mil mean?
Biomass Secure Power (BMSPF) has a Net Income of $-0.26 Mil as of Jun. 2010. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Biomass Secure Power and its competitors.
Is Biomass Secure Power's Net Income too high?
Biomass Secure Power's current Net Income is $-0.26 Mil.
How does Biomass Secure Power's Net Income compare to competitors?
Biomass Secure Power's Net Income of $-0.26 Mil can be compared against companies in the Forest Products 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 Forest Products company?
A good Net Income depends on the Forest Products 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 Biomass Secure Power and its competitors. Biomass Secure Power's current Net Income is $-0.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Biomass Secure Power stock overvalued right now?
Biomass Secure Power (BMSPF) has a current Net Income of $-0.26 Mil. The current Net Income is $-0.26 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 Biomass Secure Power (BMSPF), the current Net Income is $-0.26 Mil as of Jun. 2010. 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.

Biomass Secure Power Business Description

Address 125 8590 Sunrise Drive, Chilliwack, BC, CAN, V2R 3Z4
Biomass Secure Power Inc is engaged in the development of a wood pellet plant in Louisiana. The company has two patents that allow it to produce Biocoal with up to 30% more energy per tonne than whitewood pellets. The second patent concerns the briquetting of torrefied chips at high temperature maintaining the adhesive properties of the natural lignin and furans present in the wood fiber. It has developed two revenue streams, Biocoal supply and high carbon product which provides a byproduct that can be used for SAF.