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White Pearl Technology Group AB (OSTO:WPTG B) Net Income : kr3.32 Mil (TTM As of Jun. 2023)


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What is White Pearl Technology Group 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. White Pearl Technology Group AB's Net Income for the three months ended in Jun. 2023 was kr0.00 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2023 was kr3.32 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. White Pearl Technology Group AB's Earnings per Share (Diluted) for the three months ended in Jun. 2023 was kr0.00.


White Pearl Technology Group AB Net Income Historical Data

The historical data trend for White Pearl Technology Group 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.

White Pearl Technology Group AB Net Income Chart

White Pearl Technology Group AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Income
Get a 7-Day Free Trial -10.85 -9.73 10.63 45.86 -5.28

White Pearl Technology Group AB Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23
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 0.60 3.30 -0.20 -0.38 -

White Pearl Technology Group 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

White Pearl Technology Group AB'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
=-6.649+1.366+0+-8.8817841970013E-16
=-5.28

White Pearl Technology Group AB's Net Income for the quarter that ended in Jun. 2023 is calculated as

Net Income(Q: Jun. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0+0+0+0
=0.00

Net Income for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr3.32 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.


White Pearl Technology Group AB  (OSTO:WPTG 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:

White Pearl Technology Group AB's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2023 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.


White Pearl Technology Group AB Net Income Related Terms

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White Pearl Technology Group AB (OSTO:WPTG B) Business Description

Traded in Other Exchanges
N/A
Address
Kungsgatan 29, Stockholm, SWE, 11156
White Pearl Technology Group AB is operating as a diversified IT company that not only sells its cutting-edge solutions and products but also offers a wide range of services and products from third-party vendors. With a strong global presence spanning 30 countries, the group has established itself as a key player in various markets around the world. The group's primary focus is on emerging markets, specifically Africa, the Middle East, Asia, and to a lesser extent, Latin America. These regions present significant growth opportunities, and the group is actively involved in catering to the technological needs of businesses operating in these markets. By providing innovative solutions and services, the group aims to empower organizations in these regions to thrive in the digital era.

White Pearl Technology Group AB (OSTO:WPTG B) Headlines

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