KOREF (Kore Mining) Net Income: $-1.52 Mil (TTM As of Mar. 2026)

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KOREF Kore Mining Ltd KOREF
25 GF Score
Price $0.11
! 1 Warning Sign
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What is Kore Mining Net Income?

Kore Mining KOREF 25 Net Income is $-1.52 Mil as of Mar. 2026. GuruFocus rates KOREF with a GF Score™ of 25/100. The stock has 1 warning sign 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. Kore Mining's Net Income for the three months ended in Mar. 2026 was $-0.39 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was $-1.52 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Kore Mining's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was $-0.01.


Kore Mining  (OTCPK:KOREF) 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:

Kore Mining's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 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.


Kore Mining Net Income Related Terms


Kore Mining Net Income Historical Data

* Premium members only.

The historical data trend for Kore 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.

Kore Mining Net Income Chart

Kore Mining Annual Data
Trend Oct16 Oct17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 -3.10 -1.17 -1.09 -1.31

Kore Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -0.18 -0.20 -0.21 -0.72 -0.39
KOREF
25GF Score
Kore Mining Ltd KOREF
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Kore 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

Kore Mining's Net Income for the fiscal year that ended in Dec. 2025 is calculated as

Net Income(A: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.311+0+0+0
=-1.31

Kore Mining's Net Income for the quarter that ended in Mar. 2026 is calculated as

Net Income(Q: Mar. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.394+0+0+0
=-0.39

Net Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.52 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 $-1.52 Mil mean?
Kore Mining (KOREF) has a Net Income of $-1.52 Mil as of Mar. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Kore Mining and its competitors.
Is Kore Mining's Net Income too high?
Kore Mining's current Net Income is $-1.52 Mil. Overall, Kore Mining has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Kore Mining's Net Income compare to NEM and AU?
Kore Mining's Net Income of $-1.52 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 Kore Mining and its competitors. Kore Mining's current Net Income is $-1.52 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kore Mining stock overvalued right now?
Kore Mining (KOREF) has a current Net Income of $-1.52 Mil. The current Net Income is $-1.52 Mil. Kore Mining's overall GF Score™ is 25/100 with 1 warning sign 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 Kore Mining (KOREF), the current Net Income is $-1.52 Mil as of Mar. 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.

Kore Mining Business Description

Other Exchanges EUS0:GermanyKORE:Canada
Address 700 West Georgia Street, 25th Floor, Vancouver, BC, CAN, V7Y 1B3
Kore Mining Ltd is an exploration stage company. It is engaged in the acquisition, exploration, and development of exploration and evaluation of mineral properties in the United States and Canada. It is focused on the exploration of its California gold projects, Imperial and Long Valley.
25GF 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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