We Buy Cars Holding (JSE:WBC) Net Income : R0 Mil (TTM As of . 20)

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What is We Buy Cars Holding 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. We Buy Cars Holding's Net Income for the three months ended in . 20 was R0 Mil. Its Net Income for the trailing twelve months (TTM) ended in . 20 was R0 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. We Buy Cars Holding's Earnings per Share (Diluted) for the three months ended in . 20 was R.

We Buy Cars Holding Net Income Historical Data

The historical data trend for We Buy Cars Holding'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.

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We Buy Cars Holding Net Income Chart

We Buy Cars Holding Annual Data

Trend

Mar21

Sep23

Net Income

351.54

We Buy Cars Holding Quarterly Data
	Sep23
Net Income	-

We Buy Cars Holding 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

We Buy Cars Holding's Net Income for the fiscal year that ended in Sep. 2023 is calculated as

	Net Income		(A: Sep. 2023 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	576.736	+	-225.348	+	0	+	0.14800000000002
=	352

We Buy Cars Holding's Net Income for the quarter that ended in . 20 is calculated as

	Net Income		(Q: . 20 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=		+		+		+	0
=	0

Net Income for the trailing twelve months (TTM) ended in . 20 adds up the quarterly data reported by the company within the most recent 12 months, which was R0 Mil.

We Buy Cars Holding (JSE:WBC) 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:

We Buy Cars Holding's Earnings per Share (Diluted) (EPS) for the quarter that ended in . 20 is calculated as

Earnings per Share (Diluted) (Q: . 20 )	=	(Net Income	-	Preferred Dividends)	/	Shares Outstanding (Diluted Average)
	=	(	-	)	/	0
	=

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.

We Buy Cars Holding Net Income Related Terms

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