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MWB Business Exchange (LSE:MBE) Net Income : £-1.57 Mil (TTM As of Dec. 2012)


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What is MWB Business Exchange 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. MWB Business Exchange's Net Income for the six months ended in Dec. 2012 was £-1.57 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2012 was £-1.57 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. MWB Business Exchange's Earnings per Share (Diluted) for the six months ended in Dec. 2012 was £-0.02.


MWB Business Exchange Net Income Historical Data

The historical data trend for MWB Business Exchange'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.

MWB Business Exchange Net Income Chart

MWB Business Exchange Annual Data
Trend Jun05 Dec06 Dec07 Dec08 Dec09 Dec10 Jun11 Jun12
Net Income
Get a 7-Day Free Trial 14.03 7.15 -4.87 -11.43 -6.25

MWB Business Exchange Semi-Annual Data
Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec12
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.73 5.71 1.44 -2.71 -1.57

MWB Business Exchange 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

MWB Business Exchange's Net Income for the fiscal year that ended in Jun. 2012 is calculated as

Net Income(A: Jun. 2012 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-14.854+8.465+0+0.141
=-6.25

MWB Business Exchange's Net Income for the quarter that ended in Dec. 2012 is calculated as

Net Income(Q: Dec. 2012 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.646+-0.881+0+-0.04
=-1.57

Net Income for the trailing twelve months (TTM) ended in Dec. 2012 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-1.57 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.


MWB Business Exchange  (LSE:MBE) 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:

MWB Business Exchange's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2012 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.


MWB Business Exchange Net Income Related Terms

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MWB Business Exchange (LSE:MBE) Business Description

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