RAFX (Rafex Gold) Net Income: $-0.02 Mil (TTM As of Sep. 2023)

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RAFX Rafex Gold Corp RAFX
39 GF Score
Price $0.28
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What is Rafex Gold Net Income?

Rafex Gold RAFX 39 Net Income is $-0.02 Mil as of Sep. 2023. GuruFocus rates RAFX with a GF Score™ of 39/100.

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. Rafex Gold's Net Income for the three months ended in Sep. 2023 was $-0.02 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.02 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Rafex Gold's Earnings per Share (Diluted) for the three months ended in Sep. 2023 was $-0.00.


Rafex Gold  (OTCPK:RAFX) 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:

Rafex Gold's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 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.


Rafex Gold Net Income Related Terms


Rafex Gold Net Income Historical Data

* Premium members only.

The historical data trend for Rafex Gold'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.

Rafex Gold Net Income Chart

Rafex Gold Annual Data
Trend
Net Income

Rafex Gold Quarterly Data
Sep22 Sep23
Net Income -0.02 -0.02
RAFX
39GF Score
Rafex Gold Corp RAFX
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Rafex Gold 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

Rafex Gold's Net Income for the fiscal year that ended in . 20 is calculated as

Net Income(A: . 20 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=+++0
=0.00

Rafex Gold's Net Income for the quarter that ended in Sep. 2023 is calculated as

Net Income(Q: Sep. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.021+0+0+0
=-0.02

Net Income for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 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 $-0.02 Mil mean?
Rafex Gold (RAFX) has a Net Income of $-0.02 Mil as of Sep. 2023. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Rafex Gold and its competitors.
Is Rafex Gold's Net Income too high?
Rafex Gold's current Net Income is $-0.02 Mil. Overall, Rafex Gold has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Rafex Gold's Net Income compare to AHAD and BLAIF?
Rafex Gold's Net Income of $-0.02 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Net Income depends on the Diversified Financial Services 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 Rafex Gold and its competitors. Rafex Gold's current Net Income is $-0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rafex Gold stock overvalued right now?
Rafex Gold (RAFX) has a current Net Income of $-0.02 Mil. The current Net Income is $-0.02 Mil. Rafex Gold's overall GF Score™ is 39/100. 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 Rafex Gold (RAFX), the current Net Income is $-0.02 Mil as of Sep. 2023. 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.

Rafex Gold Business Description

Address 1912 Capitol Avenue, Suite 500, Cheyenne, WY, USA, 82001
Rafex Gold Corp engages in mineral exploration activities, focusing on the exploration and development of various mineral resources. The company's key assets include the Bendoc, Mt Bute, and Rutherglen projects, along with the Aur Gading iron ore mine. The Mt Bute Project is located in the Lachlan Orogen, a region known for hosting gold deposits, and is currently undergoing exploration and development activities.
39GF Score

Get the complete analysis for RAFX

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

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