Idex Metals (TSXV:IDEX) Net Income: C$-8.63 Mil (TTM As of Apr. 2026)

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TSXV:IDEX Idex Metals Corp TSXV:IDEX
16 GF Score
Price C$0.49
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What is Idex Metals Net Income?

Idex Metals TSXV:IDEX +5.43% 16 Net Income is C$-8.63 Mil as of Apr. 2026. GuruFocus rates TSXV:IDEX with a GF Score™ of 16/100.

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. Idex Metals's Net Income for the three months ended in Apr. 2026 was C$-1.58 Mil. Its Net Income for the trailing twelve months (TTM) ended in Apr. 2026 was C$-8.63 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Idex Metals's Earnings per Share (Diluted) for the three months ended in Apr. 2026 was C$-0.03.


Idex Metals  (TSXV:IDEX) 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:

Idex Metals's Earnings per Share (Diluted) (EPS) for the quarter that ended in Apr. 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.


Idex Metals Net Income Related Terms


Idex Metals Net Income Historical Data

* Premium members only.

The historical data trend for Idex Metals'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.

Idex Metals Net Income Chart

Idex Metals Annual Data
Trend Jul23 Mar24 Mar25
Net Income
-0.19 -0.05 -0.08

Idex Metals Quarterly Data
Jul23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.97 -2.18 -3.05 -1.82 -1.58
TSXV:IDEX
16GF Score
Idex Metals Corp TSXV:IDEX
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Idex Metals 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

Idex Metals's Net Income for the fiscal year that ended in Mar. 2025 is calculated as

Net Income(A: Mar. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.079+0+0+0
=-0.08

Idex Metals's Net Income for the quarter that ended in Apr. 2026 is calculated as

Net Income(Q: Apr. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.576+0+0+0
=-1.58

Net Income for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-8.63 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$-8.63 Mil mean?
Idex Metals (TSXV:IDEX) has a Net Income of C$-8.63 Mil as of Apr. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Idex Metals and its competitors.
Is Idex Metals' Net Income too high?
Idex Metals' current Net Income is C$-8.63 Mil. Overall, Idex Metals has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Idex Metals' Net Income compare to competitors?
Idex Metals' Net Income of C$-8.63 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 Idex Metals and its competitors. Idex Metals's current Net Income is C$-8.63 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Idex Metals stock overvalued right now?
Idex Metals (TSXV:IDEX) has a current Net Income of C$-8.63 Mil. The current Net Income is C$-8.63 Mil. Idex Metals' overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Idex Metals (TSXV:IDEX), the current Net Income is C$-8.63 Mil as of Apr. 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.

Idex Metals Business Description

Other Exchanges X4Y:Germany
Address 1188 - 1095 West Pender Street, Vancouver, BC, CAN, V6W 2M6
Idex Metals Corp is an exploration company principally engaged in identifying, acquiring, and exploring high-value potential mineral assets in the State of Idaho, operating in a single reportable segment focused on the exploration and evaluation of mineral properties. Its project portfolio includes Amie in Owyhee County; Autunite Hill in Clark County; Badger Creek in Butte County; Basinger Canyon in Lemhi County; Caribou in Bonneville County; Deadman's Gulch in Shoshone County; Demming in Owyhee County; Fort Hall in Bannock County; Foss in Butte County; Freeze in Washington County; Kismet in Washington County, and others.
16GF Score

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

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