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Contango Holdings (LSE:CGO) Net Income : £-3.37 Mil (TTM As of Nov. 2024)


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What is Contango Holdings 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. Contango Holdings's Net Income for the six months ended in Nov. 2024 was £-0.83 Mil. Its Net Income for the trailing twelve months (TTM) ended in Nov. 2024 was £-3.37 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Contango Holdings's Earnings per Share (Diluted) for the six months ended in Nov. 2024 was £-0.00.


Contango Holdings Net Income Historical Data

The historical data trend for Contango Holdings'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.

* Premium members only.

Contango Holdings Net Income Chart

Contango Holdings Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24
Net Income
Get a 7-Day Free Trial -0.26 -3.25 -2.81 -6.71 -3.80

Contango Holdings Semi-Annual Data
May17 Nov17 May18 May19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24
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 -1.63 -5.08 -1.26 -2.54 -0.83

Contango Holdings 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

Contango Holdings's Net Income for the fiscal year that ended in May. 2024 is calculated as

Net Income(A: May. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-2.496+0+-1.927+0.624
=-3.80

Contango Holdings's Net Income for the quarter that ended in Nov. 2024 is calculated as

Net Income(Q: Nov. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.744+0+-0.126+0.038
=-0.83

Net Income for the trailing twelve months (TTM) ended in Nov. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-3.37 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.


Contango Holdings  (LSE:CGO) 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:

Contango Holdings's Earnings per Share (Diluted) (EPS) for the quarter that ended in Nov. 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.


Contango Holdings Net Income Related Terms

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Contango Holdings Business Description

Traded in Other Exchanges
Address
1 Charterhouse Mews, London, GBR, EC1M 6BB
Contango Holdings PLC is a natural resource development company. It is engaged in the mining business. Its two projects are the Muchesu Project in Zimbabwe and the development of the Garalo-Ntiela Gold Project in Mali.