Afrika Gold AG (HAM:GOG) Net Income: €-0.44 Mil (TTM As of Jun. 2024)

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HAM:GOG Afrika Gold AG HAM:GOG
36 GF Score
Price €0.11
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What is Afrika Gold AG Net Income?

Afrika Gold AG HAM:GOG 36 Net Income is €-0.44 Mil as of Jun. 2024. GuruFocus rates HAM:GOG with a GF Score™ of 36/100.

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. Afrika Gold AG's Net Income for the six months ended in Jun. 2024 was €-0.44 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2024 was €-0.44 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Afrika Gold AG's Earnings per Share (Diluted) for the six months ended in Jun. 2024 was .


Afrika Gold AG  (HAM:GOG) 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:

Afrika Gold AG's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 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.


Afrika Gold AG Net Income Related Terms


Afrika Gold AG Net Income Historical Data

* Premium members only.

The historical data trend for Afrika Gold AG'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.

Afrika Gold AG Net Income Chart

Afrika Gold AG Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Net Income
Get a 7-Day Free Trial -0.47 -0.23 -0.66 -0.04 -0.44

Afrika Gold AG Semi-Annual Data
Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Net Income Get a 7-Day Free Trial -0.47 -0.23 -0.66 -0.04 -0.44
HAM:GOG
36GF Score
Afrika Gold AG HAM:GOG
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Afrika Gold AG 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

Afrika Gold AG's Net Income for the fiscal year that ended in Jun. 2024 is calculated as

Net Income(A: Jun. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.436+-0.001+0+0
=-0.44

Afrika Gold AG's Net Income for the quarter that ended in Jun. 2024 is calculated as

Net Income(Q: Jun. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.436+-0.001+0+0
=-0.44

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Net Income for the trailing twelve months (TTM) ended in Jun. 2024 was €-0.44 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.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of €-0.44 Mil mean?
Afrika Gold AG (HAM:GOG) has a Net Income of €-0.44 Mil as of Jun. 2024. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Afrika Gold AG and its competitors.
Is Afrika Gold AG's Net Income too high?
Afrika Gold AG's current Net Income is €-0.44 Mil. Overall, Afrika Gold AG has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Afrika Gold AG's Net Income compare to competitors?
Afrika Gold AG's Net Income of €-0.44 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 Afrika Gold AG and its competitors. Afrika Gold AG's current Net Income is €-0.44 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afrika Gold AG stock overvalued right now?
Afrika Gold AG (HAM:GOG) has a current Net Income of €-0.44 Mil. The current Net Income is €-0.44 Mil. Afrika Gold AG's overall GF Score™ is 36/100. 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 Afrika Gold AG (HAM:GOG), the current Net Income is €-0.44 Mil as of Jun. 2024. 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.

Afrika Gold AG Business Description

Address Chaltenbodenstrasse 26, Schindellegi, CHE, 8834
Afrika Gold AG is a gold exploration and mining company.
36GF Score

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Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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