Calculus VCT (LSE:CLC) Net Income: £1.81 Mil (TTM As of Sep. 2025)

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LSE:CLC Calculus VCT PLC LSE:CLC
37 GF Score
Price £0.53
GF Value £0.95
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Calculus VCT Net Income?

Calculus VCT LSE:CLC 37 Net Income is £1.81 Mil as of Sep. 2025. GuruFocus rates LSE:CLC with a GF Score™ of 37/100 and a GF Value™ of £0.95 (Significantly Undervalued). The stock has 3 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. Calculus VCT's Net Income for the six months ended in Sep. 2025 was £-0.54 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2025 was £1.81 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Calculus VCT's Earnings per Share (Diluted) for the six months ended in Sep. 2025 was £-0.01.


Calculus VCT  (LSE:CLC) 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:

Calculus VCT's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2025 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.


Calculus VCT Net Income Related Terms


Calculus VCT Net Income Historical Data

* Premium members only.

The historical data trend for Calculus VCT'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.

Calculus VCT Net Income Chart

Calculus VCT Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Mar25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.56 0.28 1.95 0.65 1.29

Calculus VCT Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Feb23 Sep24 Mar25 Sep25
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 1.74 0.00 -1.05 2.34 -0.54
LSE:CLC
37GF Score
Calculus VCT PLC LSE:CLC
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Calculus VCT 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

Calculus VCT's Net Income for the fiscal year that ended in Mar. 2025 is calculated as

Net Income(A: Mar. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1.292+0+0+0
=1.29

Calculus VCT's Net Income for the quarter that ended in Sep. 2025 is calculated as

Net Income(Q: Sep. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.535+0+0+0
=-0.54

Net Income for the trailing twelve months (TTM) ended in Sep. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was £1.81 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 £1.81 Mil mean?
Calculus VCT (LSE:CLC) has a Net Income of £1.81 Mil as of Sep. 2025. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Calculus VCT and its competitors.
Is Calculus VCT's Net Income too high?
Calculus VCT's current Net Income is £1.81 Mil. Overall, Calculus VCT has a GF Score™ of 37/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Calculus VCT's Net Income compare to BLK and BX?
Calculus VCT's Net Income of £1.81 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good Net Income depends on the Asset Management 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 Calculus VCT and its competitors. Calculus VCT's current Net Income is £1.81 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calculus VCT stock overvalued right now?
Based on GuruFocus' analysis, Calculus VCT (LSE:CLC) is currently considered Significantly Undervalued. The stock's GF Value™ is £0.95, compared to a current price of £0.53 — trading 43.9% below its estimated fair value. The current Net Income is £1.81 Mil. Calculus VCT's overall GF Score™ is 37/100 with 3 warning signs 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 Calculus VCT (LSE:CLC), the current Net Income is £1.81 Mil as of Sep. 2025. 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.

Is Calculus VCT (LSE:CLC) Overvalued in 2026?

Based on GuruFocus' analysis, Calculus VCT stock appears to be undervalued. The current stock price of £0.53 is trading 43.9% below its estimated GF Value™ of £0.95. GuruFocus considers Calculus VCT to be Significantly Undervalued.

Key valuation signals for LSE:CLC:

  • Net Income: £1.81 Mil
  • GF Value™: £0.95 vs. price of £0.53 (43.9% below fair value)
  • GF Score™: 37/100 with 3 warning signs

No single metric tells the full story. See the LSE:CLC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Calculus VCT Business Description

Address 12 Conduit Street, London, GBR, W1S 2XH
Calculus VCT PLC is a part of the financial services sector in the United Kingdom. The company operates as a venture capital trust, focusing on the investment business. The investment objective of the company is to invest mainly in a diverse portfolio of United Kingdom growth companies. The company invests in a portfolio of venture capital investments that will provide sufficient returns to allow the company to maximize annual dividends and achieve capital growth over the medium to long term.
37GF Score

Get the complete analysis for LSE:CLC

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£0.53
Price
£0.95
GF Value