Africa Bitcoin (JSE:BAC) Net Income: R16.87 Mil (TTM As of Feb. 2026)

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Director of Data and Quant Analytics at GuruFocus
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JSE:BAC Africa Bitcoin Corp Ltd JSE:BAC
13 GF Score
Price R4.25
! 3 Warning Signs
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What is Africa Bitcoin Net Income?

Africa Bitcoin JSE:BAC -15.00% 13 Net Income is R16.87 Mil as of Feb. 2026. GuruFocus rates JSE:BAC with a GF Score™ of 13/100. The stock has 3 warning signs 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. Africa Bitcoin's Net Income for the six months ended in Feb. 2026 was R-4.45 Mil. Its Net Income for the trailing twelve months (TTM) ended in Feb. 2026 was R16.87 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Africa Bitcoin's Earnings per Share (Diluted) for the six months ended in Feb. 2026 was R-0.13.


Africa Bitcoin  (JSE:BAC) 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:

Africa Bitcoin's Earnings per Share (Diluted) (EPS) for the quarter that ended in Feb. 2026 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.


Africa Bitcoin Net Income Related Terms


Africa Bitcoin Net Income Historical Data

* Premium members only.

The historical data trend for Africa Bitcoin'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.

Africa Bitcoin Net Income Chart

Africa Bitcoin Annual Data
Trend Feb22 Feb23 Feb24 Feb25 Feb26
Net Income
-3.15 -36.94 60.66 47.94 16.87

Africa Bitcoin Semi-Annual Data
Feb22 Feb23 Feb24 Aug24 Feb25 Aug25 Feb26
Net Income Get a 7-Day Free Trial 0.00 -6.17 54.11 21.32 -4.45
JSE:BAC
13GF Score
Africa Bitcoin Corp Ltd JSE:BAC
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Africa Bitcoin 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

Africa Bitcoin'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
=20.553+-3.679+0+-0.0010000000000012
=16.87

Africa Bitcoin'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
=-6.68+2.232+0+-8.8817841970013E-16
=-4.45

Net Income for the trailing twelve months (TTM) ended in Feb. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was R16.87 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 R16.87 Mil mean?
Africa Bitcoin (JSE:BAC) has a Net Income of R16.87 Mil as of Feb. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Africa Bitcoin and its competitors.
Is Africa Bitcoin's Net Income too high?
Africa Bitcoin's current Net Income is R16.87 Mil. Overall, Africa Bitcoin has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Africa Bitcoin's Net Income compare to BLK and BX?
Africa Bitcoin's Net Income of R16.87 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good Net Income depends on the Asset Management 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 Africa Bitcoin and its competitors. Africa Bitcoin's current Net Income is R16.87 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Africa Bitcoin stock overvalued right now?
Africa Bitcoin (JSE:BAC) has a current Net Income of R16.87 Mil. The current Net Income is R16.87 Mil. Africa Bitcoin's overall GF Score™ is 13/100 with 3 warning signs to review. 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 Africa Bitcoin (JSE:BAC), the current Net Income is R16.87 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.

Africa Bitcoin Business Description

Address 66 Rivonia Road, Block B, Chislehurston, Sandton, GT, ZAF, 2146
Africa Bitcoin Corp Ltd is an African financial services group that provides a private credit platform with a Bitcoin treasury strategy. It provides secured lending to small and medium-sized enterprises, generating cash flows. The company combines income generation with balance sheet growth while addressing funding gaps and delivering measurable social impact.
13GF 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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