GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Odyssean Investment Trust PLC (LSE:OIT) » Definitions » Net Income

Odyssean Investment Trust (LSE:OIT) Net Income : £16.20 Mil (TTM As of Sep. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Odyssean Investment 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. Odyssean Investment Trust's Net Income for the six months ended in Sep. 2024 was £18.15 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was £16.20 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Odyssean Investment Trust's Earnings per Share (Diluted) for the six months ended in Sep. 2024 was £0.14.


Odyssean Investment Trust Net Income Historical Data

The historical data trend for Odyssean Investment 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.

Odyssean Investment Trust Net Income Chart

Odyssean Investment Trust Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Income
Get a 7-Day Free Trial -4.91 42.70 22.15 -4.09 -6.72

Odyssean Investment Trust Semi-Annual Data
Sep18 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -14.56 10.47 -4.76 -1.96 18.15

Odyssean Investment 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

Odyssean Investment Trust's Net Income for the fiscal year that ended in Mar. 2024 is calculated as

Net Income(A: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-6.708+-0.011+0+0
=-6.72

Odyssean Investment Trust's Net Income for the quarter that ended in Sep. 2024 is calculated as

Net Income(Q: Sep. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=18.152+0+0+0
=18.15

Net Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £16.20 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.


Odyssean Investment Trust  (LSE:OIT) 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:

Odyssean Investment Trust's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 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.


Odyssean Investment Trust Net Income Related Terms

Thank you for viewing the detailed overview of Odyssean Investment Trust's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Odyssean Investment Trust Business Description

Traded in Other Exchanges
Address
25 Southampton Buildings, London, GBR, WC2A 1AL
Odyssean Investment Trust PLC operates as an investment company. The investment objective of the company is to achieve attractive total returns per share principally through capital growth over a long-term period. It invests in smaller company equities quoted on markets operated by the London Stock Exchange. The company's geographical segments include the United Kingdom, the United States, Europe, and the Rest of the World.

Odyssean Investment Trust Headlines

No Headlines