FASLF (First Andes Silver) Net Income: $-0.75 Mil (TTM As of Feb. 2026)

What is First Andes Silver Net Income?

First Andes Silver FASLF Net Income is $-0.75 Mil as of Feb. 2026. The stock has 1 warning sign investors should review.

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. First Andes Silver's Net Income for the three months ended in Feb. 2026 was $-0.46 Mil. Its Net Income for the trailing twelve months (TTM) ended in Feb. 2026 was $-0.75 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. First Andes Silver's Earnings per Share (Diluted) for the three months ended in Feb. 2026 was $-0.01.

First Andes Silver (OTCPK:FASLF) 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:

First Andes Silver's Earnings per Share (Diluted) (EPS) for the quarter that ended in Feb. 2026 is calculated as

Earnings per Share (Diluted) (Q: Feb. 2026 )	=	(Net Income	-	Preferred Dividends)	/	Shares Outstanding (Diluted Average)
	=	(-0.462	-	0)	/	71.513
	=	-0.01

* 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.

First Andes Silver Net Income Related Terms

First Andes Silver Net Income Historical Data

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The historical data trend for First Andes Silver's Net Income can be seen below:

First Andes Silver Net Income Chart

First Andes Silver Annual Data

Trend

Feb22

Feb23

Feb24

Feb25

Feb26

Net Income

-3.77

-2.29

-4.19

-0.34

-0.75

First Andes Silver Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25	May25	Aug25	Nov25	Feb26
Net Income	Get a 7-Day Free Trial															-0.13	-0.09	-0.08	-0.11	-0.46

First Andes Silver 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

First Andes Silver's Net Income for the fiscal year that ended in Feb. 2026 is calculated as

	Net Income		(A: Feb. 2026 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	-0.753	+	0	+	0	+	0
=	-0.75

First Andes Silver's Net Income for the quarter that ended in Feb. 2026 is calculated as

	Net Income		(Q: Feb. 2026 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	-0.462	+	0	+	0	+	0
=	-0.46

Net Income for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.75 Mil.

Frequently Asked Questions Learn more about Net Income →

What does a Net Income of $-0.75 Mil mean?

First Andes Silver (FASLF) has a Net Income of $-0.75 Mil as of Feb. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on First Andes Silver and its competitors.

Is First Andes Silver's Net Income too high?

First Andes Silver's current Net Income is $-0.75 Mil.

How does First Andes Silver's Net Income compare to HL?

First Andes Silver's Net Income of $-0.75 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?

A good Net Income depends on the Metals & Mining 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 First Andes Silver and its competitors. First Andes Silver's current Net Income is $-0.75 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is First Andes Silver stock overvalued right now?

First Andes Silver (FASLF) has a current Net Income of $-0.75 Mil. The current Net Income is $-0.75 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 First Andes Silver (FASLF), the current Net Income is $-0.75 Mil as of Feb. 2026. 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.

First Andes Silver Business Description

Industry Basic Materials Metals & Mining

Comparable Companies XCNQ:SLO TSXV:SWLF TSXV:MASS TSXV:GHR.H TSXV:STRM TSXV:MMX TSXV:CCMI TSXV:MEX TSXV:TSD TSXV:NAR LSE:FRES JSE:VAL ISX:AMMN HL JSE:IMP LIM:BUENAVC1 JSE:SSW TSX:TFPM TSX:CGG JSE:NPH

Other Exchanges 9TZ0:Germany FAS:Canada

Address 1100 - 1199 West Hastings Street, Vancouver, BC, CAN, V6E 3T5

Website https://www.firstandes.com

First Andes Silver Ltd is an exploration-stage company focusing on mineral properties in Peru. It owns a hundred percent interest in the high-grade Santas Gloria silver property, located approximately one hundred kilometers from Lima, Peru.