Diamond Estates Wines & Spirits (TSXV:DWS) Net Income: C$-1.29 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSXV:DWS Diamond Estates Wines & Spirits Inc TSXV:DWS
36 GF Score
Price C$0.17
GF Value C$0.12
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Diamond Estates Wines & Spirits Net Income?

Diamond Estates Wines & Spirits TSXV:DWS +3.13% 36 Net Income is C$-1.29 Mil as of Mar. 2026. GuruFocus rates TSXV:DWS with a GF Score™ of 36/100 and a GF Value™ of C$0.12 (Significantly Overvalued). The stock has 4 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. Diamond Estates Wines & Spirits's Net Income for the three months ended in Mar. 2026 was C$-1.51 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was C$-1.29 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Diamond Estates Wines & Spirits's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was C$-0.01.


Diamond Estates Wines & Spirits  (TSXV:DWS) 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:

Diamond Estates Wines & Spirits's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 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.


Diamond Estates Wines & Spirits Net Income Related Terms


Diamond Estates Wines & Spirits Net Income Historical Data

* Premium members only.

The historical data trend for Diamond Estates Wines & Spirits'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.

Diamond Estates Wines & Spirits Net Income Chart

Diamond Estates Wines & Spirits Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.47 -8.53 -10.65 -2.46 -1.29

Diamond Estates Wines & Spirits Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -1.12 0.37 -0.02 -0.14 -1.51
TSXV:DWS
36GF Score
Diamond Estates Wines & Spirits Inc TSXV:DWS
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Diamond Estates Wines & Spirits 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

Diamond Estates Wines & Spirits's Net Income for the fiscal year that ended in Mar. 2026 is calculated as

Net Income(A: Mar. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0.277+0+0+-1.57
=-1.29

Diamond Estates Wines & Spirits's Net Income for the quarter that ended in Mar. 2026 is calculated as

Net Income(Q: Mar. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0.063+0+0+-1.571
=-1.51

Net Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.29 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 C$-1.29 Mil mean?
Diamond Estates Wines & Spirits (TSXV:DWS) has a Net Income of C$-1.29 Mil as of Mar. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Diamond Estates Wines & Spirits and its competitors.
Is Diamond Estates Wines & Spirits' Net Income too high?
Diamond Estates Wines & Spirits' current Net Income is C$-1.29 Mil. Overall, Diamond Estates Wines & Spirits has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Diamond Estates Wines & Spirits' Net Income compare to BF.B?
Diamond Estates Wines & Spirits' Net Income of C$-1.29 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Net Income depends on the Beverages - Alcoholic 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 Diamond Estates Wines & Spirits and its competitors. Diamond Estates Wines & Spirits's current Net Income is C$-1.29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diamond Estates Wines & Spirits stock overvalued right now?
Based on GuruFocus' analysis, Diamond Estates Wines & Spirits (TSXV:DWS) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.12, compared to a current price of C$0.17 — trading 37.5% above its estimated fair value. The current Net Income is C$-1.29 Mil. Diamond Estates Wines & Spirits' overall GF Score™ is 36/100 with 4 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 Diamond Estates Wines & Spirits (TSXV:DWS), the current Net Income is C$-1.29 Mil as of Mar. 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.

Is Diamond Estates Wines & Spirits (TSXV:DWS) Overvalued in 2026?

Based on GuruFocus' analysis, Diamond Estates Wines & Spirits stock appears to be overvalued. The current stock price of C$0.17 is trading 37.5% above its estimated GF Value™ of C$0.12. GuruFocus considers Diamond Estates Wines & Spirits to be Significantly Overvalued.

Key valuation signals for TSXV:DWS:

  • Net Income: C$-1.29 Mil
  • GF Value™: C$0.12 vs. price of C$0.17 (37.5% above fair value)
  • GF Score™: 36/100 with 4 warning signs

No single metric tells the full story. See the TSXV:DWS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Diamond Estates Wines & Spirits Business Description

Other Exchanges DWWEF:USA
Address 1067 Niagara Stone Road, Niagara-On-The-Lake, ON, CAN, L0S 1J0
Diamond Estates Wines & Spirits Inc is a Canada-based firm engaged in the production, marketing, and sale of wine and through its agency division, operating as Trajectory Beverage Partners, distribution and marketing activities for various beverage alcohol brands that it represents in Canada. Its operating segments are Distribution and sales of products represented in Canada under agency agreements with third parties, and sales of manufactured wines. The company generates a majority of its revenue from the sale of wines.
36GF Score

Get the complete analysis for TSXV:DWS

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

C$0.17
Price
C$0.12
GF Value