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EFRGF (Pasofino Gold) Net Income : $-19.09 Mil (TTM As of Jul. 2024)


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What is Pasofino Gold 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. Pasofino Gold's Net Income for the three months ended in Jul. 2024 was $-1.27 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jul. 2024 was $-19.09 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Pasofino Gold's Earnings per Share (Diluted) for the three months ended in Jul. 2024 was $-0.01.


Pasofino Gold Net Income Historical Data

The historical data trend for Pasofino Gold'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.

Pasofino Gold Net Income Chart

Pasofino Gold Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.24 -36.70 -12.38 -2.28 -18.61

Pasofino Gold Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.57 -0.59 -15.45 -1.78 -1.27

Pasofino Gold 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

Pasofino Gold's Net Income for the fiscal year that ended in Apr. 2024 is calculated as

Net Income(A: Apr. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-18.61+0+0+0
=-18.61

Pasofino Gold's Net Income for the quarter that ended in Jul. 2024 is calculated as

Net Income(Q: Jul. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.268+0+0+0
=-1.27

Net Income for the trailing twelve months (TTM) ended in Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-19.09 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.


Pasofino Gold  (OTCPK:EFRGF) 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:

Pasofino Gold's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jul. 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.


Pasofino Gold Net Income Related Terms

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Pasofino Gold Business Description

Traded in Other Exchanges
Address
366 Bay Street, Suite 200, Toronto, ON, CAN, M5H 4B2
Pasofino Gold Ltd is a Canada-based gold exploration company. It is engaged in the business of acquisition, exploration, and development of mineral properties located in Quebec, Canada. The company's projects consist of the Dugbe Gold Project in Liberia.

Pasofino Gold Headlines