SRCGF (Homeland Nickel) Net Income: $-0.19 Mil (TTM As of Jan. 2026)

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SRCGF Homeland Nickel Inc SRCGF
25 GF Score
Price $0.27
! 2 Warning Signs
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What is Homeland Nickel Net Income?

Homeland Nickel SRCGF +0.65% 25 Net Income is $-0.19 Mil as of Jan. 2026. GuruFocus rates SRCGF with a GF Score™ of 25/100. The stock has 2 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. Homeland Nickel's Net Income for the three months ended in Jan. 2026 was $0.40 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jan. 2026 was $-0.19 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Homeland Nickel's Earnings per Share (Diluted) for the three months ended in Jan. 2026 was $0.00.


Homeland Nickel  (OTCPK:SRCGF) 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:

Homeland Nickel's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jan. 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.


Homeland Nickel Net Income Related Terms


Homeland Nickel Net Income Historical Data

* Premium members only.

The historical data trend for Homeland Nickel'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.

Homeland Nickel Net Income Chart

Homeland Nickel Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.35 -8.44 -4.31 0.24 -3.55

Homeland Nickel Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 -0.66 -0.39 -0.58 0.39 0.40
SRCGF
25GF Score
Homeland Nickel Inc SRCGF
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Homeland Nickel 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

Homeland Nickel's Net Income for the fiscal year that ended in Apr. 2025 is calculated as

Net Income(A: Apr. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-3.553+0+0+0.00099999999999989
=-3.55

Homeland Nickel's Net Income for the quarter that ended in Jan. 2026 is calculated as

Net Income(Q: Jan. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0.4+0+0+0
=0.40

Net Income for the trailing twelve months (TTM) ended in Jan. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.19 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 $-0.19 Mil mean?
Homeland Nickel (SRCGF) has a Net Income of $-0.19 Mil as of Jan. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Homeland Nickel and its competitors.
Is Homeland Nickel's Net Income too high?
Homeland Nickel's current Net Income is $-0.19 Mil. Overall, Homeland Nickel has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Homeland Nickel's Net Income compare to competitors?
Homeland Nickel's Net Income of $-0.19 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Net Income depends on the Metals & Mining 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 Homeland Nickel and its competitors. Homeland Nickel's current Net Income is $-0.19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Homeland Nickel stock overvalued right now?
Homeland Nickel (SRCGF) has a current Net Income of $-0.19 Mil. The current Net Income is $-0.19 Mil. Homeland Nickel's overall GF Score™ is 25/100 with 2 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 Homeland Nickel (SRCGF), the current Net Income is $-0.19 Mil as of Jan. 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.

Homeland Nickel Business Description

Other Exchanges QP6:GermanySHL:Canada
Address 110 Yonge Street, Suite 1601, Toronto, ON, CAN, M5C 1T4
Homeland Nickel Inc is a Canadian-based mineral exploration company focused on critical metal resources with nickel projects in Oregon, United States, and copper projects in Newfoundland, Canada. Its projects are Cleopatra, Red Flat, Eight Dollar Mountain, Shamrock, and Benton option.
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