GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Geovic Mining Corp (FRA:L9E) » Definitions » Net Income

Geovic Mining (FRA:L9E) Net Income : €-5.46 Mil (TTM As of Sep. 2014)


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

What is Geovic Mining 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. Geovic Mining's Net Income for the three months ended in Sep. 2014 was €-1.60 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2014 was €-5.46 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Geovic Mining's Earnings per Share (Diluted) for the three months ended in Sep. 2014 was €-0.02.


Geovic Mining Net Income Historical Data

The historical data trend for Geovic Mining'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.

Geovic Mining Net Income Chart

Geovic Mining Annual Data
Trend Apr04 Apr05 Apr06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.18 -13.82 -11.26 -8.22 -5.28

Geovic Mining Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 -1.58 -1.16 -1.32 -1.38 -1.60

Geovic Mining 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

Geovic Mining's Net Income for the fiscal year that ended in Dec. 2013 is calculated as

Net Income(A: Dec. 2013 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-5.994+0+0+0.715
=-5.28

Geovic Mining's Net Income for the quarter that ended in Sep. 2014 is calculated as

Net Income(Q: Sep. 2014 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.696+0+0+0.094
=-1.60

Net Income for the trailing twelve months (TTM) ended in Sep. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was €-5.46 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.


Geovic Mining  (FRA:L9E) 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:

Geovic Mining's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2014 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.


Geovic Mining Net Income Related Terms

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


Geovic Mining (FRA:L9E) Business Description

Traded in Other Exchanges
N/A
Address
5500 East Yale Avenue, Suite 302, Denver, CO, USA, 80222
Geovic Mining Corp is in the business of identifying, exploring and initially developing mineral exploration prospects. It has mining permit covering entire nickel -manganese district in Cameroon's east province. The company also through its subsidiary is engaged in strategic acquisition, exploration and development of other mineral properties.

Geovic Mining (FRA:L9E) Headlines

No Headlines