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Solar Foods Oyj (FRA:H4N) Net Income : €-11.02 Mil (TTM As of Dec. 2024)


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What is Solar Foods Oyj 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. Solar Foods Oyj's Net Income for the six months ended in Dec. 2024 was €-11.02 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was €-11.02 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Solar Foods Oyj's Earnings per Share (Diluted) for the six months ended in Dec. 2024 was €-0.46.


Solar Foods Oyj Net Income Historical Data

The historical data trend for Solar Foods Oyj'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.

Solar Foods Oyj Net Income Chart

Solar Foods Oyj Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Net Income
-2.01 -5.40 -8.99 -11.02

Solar Foods Oyj Semi-Annual Data
Dec21 Dec22 Dec23 Dec24
Net Income -2.01 -5.40 -8.99 -11.02

Solar Foods Oyj 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

Solar Foods Oyj's Net Income for the fiscal year that ended in Dec. 2024 is calculated as

Net Income(A: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-11.022+0+0+0
=-11.02

Solar Foods Oyj'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
=-11.022+0+0+0
=-11.02

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was €-11.02 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.


Solar Foods Oyj  (FRA:H4N) 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:

Solar Foods Oyj'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.


Solar Foods Oyj Net Income Related Terms

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Solar Foods Oyj Business Description

Traded in Other Exchanges
Address
Bull run 11, Vantaa, FIN, 01730
Solar Foods Oyj is a technology company that aims to commercialize food raw materials that nutritionally replace animal-based food and the patented technology platform used to produce them, hydrogen fermentation. Its first commercialized product is Solein, Solein is a protein-rich powder based on a single-celled microbe that occurs in nature. Solar Foods produces Solein as a food protein.

Solar Foods Oyj Headlines

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