SLTMF (Solstad Maritime ASA) Net Income: $250.3 Mil (TTM As of Jun. 2026)

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SLTMF Solstad Maritime ASA SLTMF
19 GF Score
Price $2.50
! 7 Warning Signs
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What is Solstad Maritime ASA Net Income?

Solstad Maritime ASA SLTMF +156,150.00% 19 Net Income is $250.3 Mil as of Jun. 2026. GuruFocus rates SLTMF with a GF Score™ of 19/100. The stock has 7 warning signs 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. Solstad Maritime ASA's Net Income for the six months ended in Jun. 2026 was $129.2 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was $250.3 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Solstad Maritime ASA's Earnings per Share (Diluted) for the six months ended in Jun. 2026 was $0.28.


Solstad Maritime ASA  (OTCPK:SLTMF) 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:

Solstad Maritime ASA's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2026 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.


Solstad Maritime ASA Net Income Related Terms


Solstad Maritime ASA Net Income Historical Data

* Premium members only.

The historical data trend for Solstad Maritime ASA'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.

Solstad Maritime ASA Net Income Chart

Solstad Maritime ASA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Income
Get a 7-Day Free Trial -175.46 -89.61 61.20 240.81 212.95

Solstad Maritime ASA Semi-Annual Data
Dec20 Dec21 Dec22 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Net Income Get a 7-Day Free Trial Premium Member Only 88.61 152.21 91.87 121.08 129.21
SLTMF
19GF Score
Solstad Maritime ASA SLTMF
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Solstad Maritime ASA 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

Solstad Maritime ASA's Net Income for the fiscal year that ended in Dec. 2025 is calculated as

Net Income(A: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=189.286+23.59+0+0.068999999999988
=212.9

Solstad Maritime ASA's Net Income for the quarter that ended in Jun. 2026 is calculated as

Net Income(Q: Jun. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=124.181+5.025+0+0
=129.2

Net Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $250.3 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.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of $250.3 Mil mean?
Solstad Maritime ASA (SLTMF) has a Net Income of $250.3 Mil as of Jun. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Solstad Maritime ASA and its competitors.
Is Solstad Maritime ASA's Net Income too high?
Solstad Maritime ASA's current Net Income is $250.3 Mil. Overall, Solstad Maritime ASA has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Solstad Maritime ASA's Net Income compare to competitors?
Solstad Maritime ASA's Net Income of $250.3 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Net Income depends on the Transportation 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 Solstad Maritime ASA and its competitors. Solstad Maritime ASA's current Net Income is $250.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solstad Maritime ASA stock overvalued right now?
Solstad Maritime ASA (SLTMF) has a current Net Income of $250.3 Mil. The current Net Income is $250.3 Mil. Solstad Maritime ASA's overall GF Score™ is 19/100 with 7 warning signs 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 Solstad Maritime ASA (SLTMF), the current Net Income is $250.3 Mil as of Jun. 2026. 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.

Solstad Maritime ASA Business Description

Other Exchanges SOMA:NorwayO6O:Germany
Address Nesavegen 39, Skudeneshavn, NOR, 4280
Solstad Maritime ASA operates offshore service and construction vessels, offering ships, additional services (ROVs, etc.), and maritime personnel across all geographical regions. Its operating business segments include AHTS, CSV, Services, and Others. The AHTS segment includes anchor handling tug supply vessels; the CSV segment represents operations of construction vessels performing subsea construction contracts; and the Services segment includes additional services provided across vessel spreads, i.e., ROVs, tooling, project personnel, and engineering support. All of the company's income is classified as Oil and Gas, which generates the majority of revenue, or Renewable. Geographically, it generates maximum revenue from the North Sea region.
19GF Score

Get the complete analysis for SLTMF

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

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