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Fortinova Fastigheter AB (OSTO:FNOVA B) Net Income : kr110.3 Mil (TTM As of Mar. 2025)


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What is Fortinova Fastigheter AB 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. Fortinova Fastigheter AB's Net Income for the three months ended in Mar. 2025 was kr20.0 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2025 was kr110.3 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Fortinova Fastigheter AB's Earnings per Share (Diluted) for the three months ended in Mar. 2025 was kr0.39.


Fortinova Fastigheter AB Net Income Historical Data

The historical data trend for Fortinova Fastigheter AB'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.

Fortinova Fastigheter AB Net Income Chart

Fortinova Fastigheter AB Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Dec23
Net Income
- 76.50 86.40 311.20 -262.90

Fortinova Fastigheter AB Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.50 26.50 -2.60 66.40 20.00

Fortinova Fastigheter AB 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

Fortinova Fastigheter AB's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-303.3+40.4+0+5.6843418860808E-14
=-262.9

Fortinova Fastigheter AB's Net Income for the quarter that ended in Mar. 2025 is calculated as

Net Income(Q: Mar. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=28.7+-8.4+0+-0.3
=20.0

Net Income for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was kr110.3 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.


Fortinova Fastigheter AB  (OSTO:FNOVA B) 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:

Fortinova Fastigheter AB's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 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.


Fortinova Fastigheter AB Net Income Related Terms

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Fortinova Fastigheter AB Business Description

Traded in Other Exchanges
N/A
Address
Norrgatan 10, Varberg, SWE, 432 41
Fortinova Fastigheter AB operates as a real estate company. It acquires, develops and manages residential properties in some of western Sweden's.

Fortinova Fastigheter AB Headlines

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