VNE SpA (MIL:VNE) Net Income: €0.62 Mil (TTM As of Dec. 2025)

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MIL:VNE VNE SpA MIL:VNE
32 GF Score
Price €2.50
GF Value €3.73
Valuation Possible Value Trap
! 2 Warning Signs
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What is VNE SpA Net Income?

VNE SpA MIL:VNE +4.17% 32 Net Income is €0.62 Mil as of Dec. 2025. GuruFocus rates MIL:VNE with a GF Score™ of 32/100 and a GF Value™ of €3.73 (Possible Value Trap). The stock has 2 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. VNE SpA's Net Income for the six months ended in Dec. 2025 was €-0.01 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2025 was €0.62 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. VNE SpA's Earnings per Share (Diluted) for the six months ended in Dec. 2025 was €-0.00.


VNE SpA  (MIL:VNE) 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:

VNE SpA's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 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.


VNE SpA Net Income Related Terms


VNE SpA Net Income Historical Data

* Premium members only.

The historical data trend for VNE SpA'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.

VNE SpA Net Income Chart

VNE SpA Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Net Income
0.02 0.05 -1.08 0.29 0.62

VNE SpA Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net Income Get a 7-Day Free Trial -0.37 -0.05 0.34 0.63 -0.01
MIL:VNE
32GF Score
VNE SpA MIL:VNE
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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VNE SpA 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

VNE SpA's Net Income for the fiscal year that ended in Dec. 2025 is calculated as

Net Income(A: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0.712+-0.095+0+0
=0.62

VNE SpA's Net Income for the quarter that ended in Dec. 2025 is calculated as

Net Income(Q: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.06+0.047+0+-1.7347234759768E-18
=-0.01

Net Income for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.62 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 €0.62 Mil mean?
VNE SpA (MIL:VNE) has a Net Income of €0.62 Mil as of Dec. 2025. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on VNE SpA and its competitors.
Is VNE SpA's Net Income too high?
VNE SpA's current Net Income is €0.62 Mil. Overall, VNE SpA has a GF Score™ of 32/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does VNE SpA's Net Income compare to GEV and ETN?
VNE SpA's Net Income of €0.62 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Net Income depends on the Industrial Products 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 VNE SpA and its competitors. VNE SpA's current Net Income is €0.62 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VNE SpA stock overvalued right now?
Based on GuruFocus' analysis, VNE SpA (MIL:VNE) is currently considered Possible Value Trap. The stock's GF Value™ is €3.73, compared to a current price of €2.50 — trading 33% below its estimated fair value. The current Net Income is €0.62 Mil. VNE SpA's overall GF Score™ is 32/100 with 2 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 VNE SpA (MIL:VNE), the current Net Income is €0.62 Mil as of Dec. 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 VNE SpA (MIL:VNE) Overvalued in 2026?

Based on GuruFocus' analysis, VNE SpA stock appears to be undervalued. The current stock price of €2.50 is trading 33% below its estimated GF Value™ of €3.73. GuruFocus considers VNE SpA to be Possible Value Trap.

Key valuation signals for MIL:VNE:

  • Net Income: €0.62 Mil
  • GF Value™: €3.73 vs. price of €2.50 (33% below fair value)
  • GF Score™: 32/100 with 2 warning signs

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


VNE SpA Business Description

Address Via Biagioni, 371 loc. Querceta, Seravezza (Lu), ITA, 55047
VNE SpA produces hardware and software for the management of banknotes, coins, and, more generally, payments and transactions through cash and cashless systems, offering a wide range of customized products. It creates, samples, and produces all its appliances internally. The company offers consulting and commercial assistance all over the world through a stable and efficient operating network; moreover, it guarantees qualified and immediate maintenance and technical assistance anywhere on every type of machine. The main markets where the company operates internationally are gambling, retail & vending, casino & ticket, and wherever there is a need to manage payments or automated transactions.
32GF Score

Get the complete analysis for MIL:VNE

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

€2.50
Price
€3.73
GF Value