Lauritz.com Group A/S (OSTO:LAUR) Net Income : kr1.9 Mil (TTM As of Mar. 2023)

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What is Lauritz.com Group A/S 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. Lauritz.com Group A/S's Net Income for the three months ended in Mar. 2023 was kr-4.8 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2023 was kr1.9 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Lauritz.com Group A/S's Earnings per Share (Diluted) for the three months ended in Mar. 2023 was kr-0.12.

Lauritz.com Group A/S Net Income Historical Data

The historical data trend for Lauritz.com Group A/S'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.

Lauritz.com Group A/S Net Income Chart

Lauritz.com Group A/S Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Net Income

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-92.48

77.29

-58.85

-48.66

2.08

Lauritz.com Group A/S Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Net Income	Get a 7-Day Free Trial															-4.53	5.97	-2.71	3.38	-4.79

Lauritz.com Group A/S 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

Lauritz.com Group A/S's Net Income for the fiscal year that ended in Dec. 2022 is calculated as

	Net Income		(A: Dec. 2022 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	2.18	+	-0.1	+	0	+	-0.00099999999999989
=	2.1

Lauritz.com Group A/S's Net Income for the quarter that ended in Mar. 2023 is calculated as

	Net Income		(Q: Mar. 2023 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	-4.786	+	0	+	0	+	0
=	-4.8

Net Income for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr1.9 Mil.

Lauritz.com Group A/S (OSTO:LAUR) 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:

Lauritz.com Group A/S's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2023 is calculated as

Earnings per Share (Diluted) (Q: Mar. 2023 )	=	(Net Income	-	Preferred Dividends)	/	Shares Outstanding (Diluted Average)
	=	(-4.786	-	0)	/	40.793
	=	-0.12

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.

Lauritz.com Group A/S Net Income Related Terms

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Lauritz.com Group A/S (OSTO:LAUR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lauritz.com Group A/S (OSTO:LAUR) » Definitions » Net Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dynamovej 11C, Soborg, DNK, 2860

Website

https://www.lauritz.com

Lauritz.com Group A/S provides online auctions service. It offers traditional auctions of art, design, antiques & home luxury online. The company operates through its own auction houses and auction houses operated by partners under partnership agreements. The products auctioned by the company include carpets, rugs, textiles, clothing, shoes, accessories, electronics, furniture, sports and leisure, home and garden, paintings, etc.