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Bessor Minerals (TSXV:BST) Net Income : C$-0.80 Mil (TTM As of Oct. 2024)


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What is Bessor Minerals 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. Bessor Minerals's Net Income for the three months ended in Oct. 2024 was C$-0.76 Mil. Its Net Income for the trailing twelve months (TTM) ended in Oct. 2024 was C$-0.80 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Bessor Minerals's Earnings per Share (Diluted) for the three months ended in Oct. 2024 was C$-0.03.


Bessor Minerals Net Income Historical Data

The historical data trend for Bessor Minerals'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.

Bessor Minerals Net Income Chart

Bessor Minerals Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.07 -0.08 -0.15 -0.09 -0.88

Bessor Minerals Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Jul24 Oct24
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 -0.01 -0.04 -0.02 -0.02 -0.76

Bessor Minerals 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

Bessor Minerals's Net Income for the fiscal year that ended in Oct. 2024 is calculated as

Net Income(A: Oct. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.877+0+0+0
=-0.88

Bessor Minerals's Net Income for the quarter that ended in Oct. 2024 is calculated as

Net Income(Q: Oct. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.764+0+0+0
=-0.76

Net Income for the trailing twelve months (TTM) ended in Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.80 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.


Bessor Minerals  (TSXV:BST) 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:

Bessor Minerals's Earnings per Share (Diluted) (EPS) for the quarter that ended in Oct. 2024 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.


Bessor Minerals Net Income Related Terms

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Bessor Minerals Business Description

Traded in Other Exchanges
N/A
Address
200 Burrard Street, Suite 1615, Vancouver, BC, CAN, V6C 3L6
Bessor Minerals Inc is engaged in the identification, evaluation and acquisition of mineral properties, as well as exploration of mineral properties once acquired. Its properties include Redhill project which is prospective for gold-copper-zinc volcanogenic massive sulphide and structurally controlled gold mineralization; Golden Eagle Project and Easter Gold Project.