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GreenRoc Strategic Materials (LSE:GROC) Net Income : £-1.67 Mil (TTM As of May. 2024)


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What is GreenRoc Strategic Materials 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. GreenRoc Strategic Materials's Net Income for the six months ended in May. 2024 was £-0.40 Mil. Its Net Income for the trailing twelve months (TTM) ended in May. 2024 was £-1.67 Mil.

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


GreenRoc Strategic Materials Net Income Historical Data

The historical data trend for GreenRoc Strategic Materials'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.

GreenRoc Strategic Materials Net Income Chart

GreenRoc Strategic Materials Annual Data
Trend Nov21 Nov22 Nov23
Net Income
- -1.23 -1.69

GreenRoc Strategic Materials Semi-Annual Data
Nov21 May22 Nov22 May23 Nov23 May24
Net Income Get a 7-Day Free Trial -0.48 -0.75 -0.42 -1.28 -0.40

GreenRoc Strategic Materials 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

GreenRoc Strategic Materials's Net Income for the fiscal year that ended in Nov. 2023 is calculated as

Net Income(A: Nov. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.693+0+0+0
=-1.69

GreenRoc Strategic Materials's Net Income for the quarter that ended in May. 2024 is calculated as

Net Income(Q: May. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.399+0+0+0
=-0.40

Net Income for the trailing twelve months (TTM) ended in May. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-1.67 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.


GreenRoc Strategic Materials  (LSE:GROC) 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:

GreenRoc Strategic Materials's Earnings per Share (Diluted) (EPS) for the quarter that ended in May. 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.


GreenRoc Strategic Materials Net Income Related Terms

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GreenRoc Strategic Materials Business Description

Traded in Other Exchanges
Address
60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR
GreenRoc Strategic Materials PLC operates as a mining company. Its activity includes activity is the exploration of and development of critical minerals. The projects of the company include the Thule Black Sands Ilmenite Project, and the Amitsoq Graphite Project located in Greenland.

GreenRoc Strategic Materials Headlines

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