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Chelverton Growth Trust (LSE:CGW) Net Income : £-0.31 Mil (TTM As of Feb. 2023)


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What is Chelverton Growth Trust 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. Chelverton Growth Trust's Net Income for the six months ended in Feb. 2023 was £-0.10 Mil. Its Net Income for the trailing twelve months (TTM) ended in Feb. 2023 was £-0.31 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Chelverton Growth Trust's Earnings per Share (Diluted) for the six months ended in Feb. 2023 was £-0.02.


Chelverton Growth Trust Net Income Historical Data

The historical data trend for Chelverton Growth Trust'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.

Chelverton Growth Trust Net Income Chart

Chelverton Growth Trust Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.44 -0.86 -0.23 0.93 -0.19

Chelverton Growth Trust Semi-Annual Data
Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23
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 0.49 0.44 0.02 -0.21 -0.10

Chelverton Growth Trust 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

Chelverton Growth Trust's Net Income for the fiscal year that ended in Aug. 2022 is calculated as

Net Income(A: Aug. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.185+0+0+0
=-0.19

Chelverton Growth Trust's Net Income for the quarter that ended in Feb. 2023 is calculated as

Net Income(Q: Feb. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.1+0+0+0
=-0.10

Net Income for the trailing twelve months (TTM) ended in Feb. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.31 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.


Chelverton Growth Trust  (LSE:CGW) 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:

Chelverton Growth Trust's Earnings per Share (Diluted) (EPS) for the quarter that ended in Feb. 2023 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.


Chelverton Growth Trust Net Income Related Terms

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Chelverton Growth Trust (LSE:CGW) Business Description

Traded in Other Exchanges
N/A
Address
Courtenay Street, Suite 8, Bridge House, Newton Abbot, GBR, TQ12 2QS
Chelverton Growth Trust PLC is an investment trust. Its objective is to provide capital growth through investment in companies listed on the Official List and traded on the Alternative Investment Market with a market capitalization at the time of investment. Its investment objective is to increase net asset value per share at a higher rate than other quoted smaller company trusts and the MSCI Small Cap UK Index. It invests in securities of publicly quoted UK companies, though it might invest in unquoted securities.

Chelverton Growth Trust (LSE:CGW) Headlines