Secure Electronic Technology (NSA:NSLTECH) Net Income: ₦-121 Mil (TTM As of Dec. 2024)

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NSA:NSLTECH Secure Electronic Technology PLC NSA:NSLTECH
14 GF Score
Price ₦0.78
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What is Secure Electronic Technology Net Income?

Secure Electronic Technology NSA:NSLTECH 14 Net Income is ₦-121 Mil as of Dec. 2024. GuruFocus rates NSA:NSLTECH with a GF Score™ of 14/100. The stock has 1 warning sign 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. Secure Electronic Technology's Net Income for the six months ended in Dec. 2024 was ₦-121 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was ₦-121 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Secure Electronic Technology's Earnings per Share (Diluted) for the six months ended in Dec. 2024 was ₦-0.02.


Secure Electronic Technology  (NSA:NSLTECH) 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:

Secure Electronic Technology's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 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.


Secure Electronic Technology Net Income Related Terms


Secure Electronic Technology Net Income Historical Data

* Premium members only.

The historical data trend for Secure Electronic Technology'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.

Secure Electronic Technology Net Income Chart

Secure Electronic Technology Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Net Income
-91.93 -40.88 -187.52 -121.03

Secure Electronic Technology Semi-Annual Data
Dec21 Dec22 Dec23 Dec24
Net Income -91.93 -40.88 -187.52 -121.03
NSA:NSLTECH
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Secure Electronic Technology PLC NSA:NSLTECH
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Secure Electronic Technology 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

Secure Electronic Technology's Net Income for the fiscal year that ended in Dec. 2024 is calculated as

Net Income(A: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-91.503+-29.522+0+0
=-121

Secure Electronic Technology's Net Income for the quarter that ended in Dec. 2024 is calculated as

Net Income(Q: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-91.503+-29.522+0+0
=-121

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was ₦-121 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 ₦-121 Mil mean?
Secure Electronic Technology (NSA:NSLTECH) has a Net Income of ₦-121 Mil as of Dec. 2024. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Secure Electronic Technology and its competitors.
Is Secure Electronic Technology's Net Income too high?
Secure Electronic Technology's current Net Income is ₦-121 Mil. Overall, Secure Electronic Technology has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Secure Electronic Technology's Net Income compare to FLUT and DKNG?
Secure Electronic Technology's Net Income of ₦-121 Mil can be compared against companies in the Travel & Leisure 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 a Travel & Leisure company?
A good Net Income depends on the Travel & Leisure 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 Secure Electronic Technology and its competitors. Secure Electronic Technology's current Net Income is ₦-121 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Secure Electronic Technology stock overvalued right now?
Secure Electronic Technology (NSA:NSLTECH) has a current Net Income of ₦-121 Mil. The current Net Income is ₦-121 Mil. Secure Electronic Technology's overall GF Score™ is 14/100 with 1 warning sign 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 Secure Electronic Technology (NSA:NSLTECH), the current Net Income is ₦-121 Mil as of Dec. 2024. 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.

Secure Electronic Technology Business Description

Address 107, Bamgbose Street, Lagos Island, Lagos, NGA
Secure Electronic Technology PLC is engaged in operating the national lottery in Nigeria. The company's games include 5OF90.
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Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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