GPTC (Golden Patriot) Net Income: $-1.10 Mil (TTM As of Jan. 2008)

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What is Golden Patriot Net Income?

Golden Patriot GPTC -99.83% Net Income is $-1.10 Mil as of Jan. 2008.

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. Golden Patriot's Net Income for the three months ended in Jan. 2008 was $-0.04 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jan. 2008 was $-1.10 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Golden Patriot's Earnings per Share (Diluted) for the three months ended in Jan. 2008 was $-0.00.

Golden Patriot (OTCPK:GPTC) 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:

Golden Patriot's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jan. 2008 is calculated as

Earnings per Share (Diluted) (Q: Jan. 2008 )	=	(Net Income	-	Preferred Dividends)	/	Shares Outstanding (Diluted Average)
	=	(-0.035	-	0)	/	106.166
	=	-0.00

* 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.

Golden Patriot Net Income Related Terms

Golden Patriot Net Income Historical Data

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The historical data trend for Golden Patriot's Net Income can be seen below:

Golden Patriot Net Income Chart

Golden Patriot Annual Data

Trend

Apr02

Apr03

Apr04

Apr05

Apr06

Apr07

Net Income

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-0.09

-3.52

-0.37

-2.14

-1.99

Golden Patriot Quarterly Data
	Apr03	Jul03	Oct03	Jan04	Apr04	Jul04	Oct04	Jan05	Apr05	Jul05	Oct05	Jan06	Apr06	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Jan08
Net Income	Get a 7-Day Free Trial															-0.22	-0.46	-0.40	-0.21	-0.04

Golden Patriot 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

Golden Patriot's Net Income for the fiscal year that ended in Apr. 2007 is calculated as

	Net Income		(A: Apr. 2007 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	0	+	0	+	0	+	-1.994
=	-1.99

Golden Patriot's Net Income for the quarter that ended in Jan. 2008 is calculated as

	Net Income		(Q: Jan. 2008 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	0	+	0	+	0	+	-0.035
=	-0.04

Net Income for the trailing twelve months (TTM) ended in Jan. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.10 Mil.

Frequently Asked Questions Learn more about Net Income →

What does a Net Income of $-1.10 Mil mean?

Golden Patriot (GPTC) has a Net Income of $-1.10 Mil as of Jan. 2008. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Golden Patriot and its competitors.

Is Golden Patriot's Net Income too high?

Golden Patriot's current Net Income is $-1.10 Mil.

How does Golden Patriot's Net Income compare to GLRI and HELIQ?

Golden Patriot's Net Income of $-1.10 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?

A good Net Income depends on the Oil & Gas 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 Golden Patriot and its competitors. Golden Patriot's current Net Income is $-1.10 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Golden Patriot stock overvalued right now?

Golden Patriot (GPTC) has a current Net Income of $-1.10 Mil. The current Net Income is $-1.10 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 Golden Patriot (GPTC), the current Net Income is $-1.10 Mil as of Jan. 2008. 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.

Golden Patriot Business Description

Industry Energy Oil & Gas

Comparable Companies GLRI HELIQ TIRTZ GLFH TBRIF FOSI FSNR PROP GLFMQ MARPS LUPAQ WFTSF SVVDF RCON PHNHF DPDW SDPI ILISF BOARF SAEX

Address 8 Bond Street, Suite 124, Great Neck, NY, USA, 11021

Website http://www.goldenpatriotcorp.com

Golden Patriot Corp is engaged in the exploration of its Lucky Boy uranium property in Arizona.