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African Phoenix Investments (STU:NXHA) Net Income : €-6.41 Mil (TTM As of Mar. 2020)


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What is African Phoenix Investments 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. African Phoenix Investments's Net Income for the six months ended in Mar. 2020 was €-0.74 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2020 was €-6.41 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. African Phoenix Investments's Earnings per Share (Diluted) for the six months ended in Mar. 2020 was €-0.00.


African Phoenix Investments Net Income Historical Data

The historical data trend for African Phoenix Investments'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.

African Phoenix Investments Net Income Chart

African Phoenix Investments Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep15 Sep16 Sep17 Sep18 Sep19
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.08 31.19 11.86 2.65 -4.83

African Phoenix Investments Semi-Annual Data
Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20
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 1.41 1.45 0.85 -5.68 -0.74

African Phoenix Investments 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

African Phoenix Investments's Net Income for the fiscal year that ended in Sep. 2019 is calculated as

Net Income(A: Sep. 2019 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-3.497+-1.333+0+0
=-4.83

African Phoenix Investments's Net Income for the quarter that ended in Mar. 2020 is calculated as

Net Income(Q: Mar. 2020 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.477+-0.259+0+0
=-0.74

Net Income for the trailing twelve months (TTM) ended in Mar. 2020 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-6.41 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.


African Phoenix Investments  (STU:NXHA) 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:

African Phoenix Investments's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2020 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.


African Phoenix Investments Net Income Related Terms

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African Phoenix Investments (STU:NXHA) Business Description

Traded in Other Exchanges
N/A
Address
28 Sturdee Avenue, 3rd Floor, Global House, Rosebank, ZAF, 2196
African Phoenix Investments Ltd is an investment holding company. Its income is generated through interest, investment income and dividends received from its wholly-owned subsidiary, The Standard General Insurance Company Limited (Stangen) in South Africa. It has two operating segments namely the Insurance segment which includes funeral, other products, and the Corporate segment. It also has a retail insurance portfolio and mainly funeral policies. The majority of its revenue is generated from Funeral insurance.

African Phoenix Investments (STU:NXHA) Headlines

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