Attis Oil & Gas (LSE:AOGL) Net Income: £-3.52 Mil (TTM As of Jun. 2020)

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What is Attis Oil & Gas Net Income?

Attis Oil & Gas LSE:AOGL Net Income is £-3.52 Mil as of Jun. 2020. The stock has 6 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. Attis Oil & Gas's Net Income for the six months ended in Jun. 2020 was £-0.00 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2020 was £-3.52 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Attis Oil & Gas's Earnings per Share (Diluted) for the six months ended in Jun. 2020 was £-0.00.


Attis Oil & Gas  (LSE:AOGL) 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:

Attis Oil & Gas's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2020 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.


Attis Oil & Gas Net Income Related Terms


Attis Oil & Gas Net Income Historical Data

* Premium members only.

The historical data trend for Attis Oil & Gas'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.

Attis Oil & Gas Net Income Chart

Attis Oil & Gas Annual Data
Trend Apr11 Apr12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Net Income
Get a 7-Day Free Trial Premium Member Only -4.10 -5.73 -2.86 -2.54 -4.33

Attis Oil & Gas Semi-Annual Data
Apr11 Apr12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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 -0.64 -1.87 -0.85 -3.51 -0.00

Attis Oil & Gas 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

Attis Oil & Gas's Net Income for the fiscal year that ended in Dec. 2019 is calculated as

Net Income(A: Dec. 2019 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-2.531+0+-1.801+0
=-4.33

Attis Oil & Gas's Net Income for the quarter that ended in Jun. 2020 is calculated as

Net Income(Q: Jun. 2020 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.689+0+0.687+-1.0928757898654E-16
=-0.00

Net Income for the trailing twelve months (TTM) ended in Jun. 2020 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-3.52 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 £-3.52 Mil mean?
Attis Oil & Gas (LSE:AOGL) has a Net Income of £-3.52 Mil as of Jun. 2020. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Attis Oil & Gas and its competitors.
Is Attis Oil & Gas' Net Income too high?
Attis Oil & Gas' current Net Income is £-3.52 Mil.
How does Attis Oil & Gas' Net Income compare to VKIN?
Attis Oil & Gas' Net Income of £-3.52 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 Attis Oil & Gas and its competitors. Attis Oil & Gas's current Net Income is £-3.52 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Attis Oil & Gas stock overvalued right now?
Attis Oil & Gas (LSE:AOGL) has a current Net Income of £-3.52 Mil. The current Net Income is £-3.52 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 Attis Oil & Gas (LSE:AOGL), the current Net Income is £-3.52 Mil as of Jun. 2020. 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.

Attis Oil & Gas Business Description

Industry EnergyOil & Gas
Address Wickhams Cay II, 6th Floor, Ritter House, Tortola, Road Town, VGB, VG 1110
Attis Oil & Gas Ltd is an energy company involved in pursuing a recovery oil strategy focused on re-stimulating wells within mature producing basins.