VSTTF (Vast Renewables) Net Income: $-17.61 Mil (TTM As of Dec. 2024)


What is Vast Renewables Net Income?

Vast Renewables VSTTF -88.24% Net Income is $-17.61 Mil as of Dec. 2024.

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. Vast Renewables's Net Income for the six months ended in Dec. 2024 was $-5.66 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was $-17.61 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Vast Renewables's Earnings per Share (Diluted) for the six months ended in Dec. 2024 was $-0.19.

Vast Renewables  (OTCPK:VSTTF) 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:

Vast Renewables's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2024 is calculated as

Earnings per Share (Diluted) (Q: Dec. 2024 )=(Net Income-Preferred Dividends)/Shares Outstanding (Diluted Average)
=(-5.655-0)/29.974
=-0.19

* 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.

Vast Renewables Net Income Related Terms

Vast Renewables Net Income Historical Data

* Premium members only.

The historical data trend for Vast Renewables'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.

Vast Renewables Net Income Chart

Vast Renewables Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
Net Income
0.00 -2.05 -6.19 -15.22 -293.45

Vast Renewables Semi-Annual Data
Jun20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Net Income Get a 7-Day Free Trial Premium Member Only -3.94 -11.28 -281.49 -11.96 -5.66

Vast Renewables 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

Vast Renewables's Net Income for the fiscal year that ended in Jun. 2024 is calculated as

Net Income(A: Jun. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-293.445+0+0+0
=-293.45

Vast Renewables's Net Income for the quarter that ended in Dec. 2024 is calculated as

Net Income(Q: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-5.655+0+0+0
=-5.66

Net Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-17.61 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 $-17.61 Mil mean?
Vast Renewables (VSTTF) has a Net Income of $-17.61 Mil as of Dec. 2024. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Vast Renewables and its competitors.
Is Vast Renewables' Net Income too high?
Vast Renewables' current Net Income is $-17.61 Mil.
How does Vast Renewables' Net Income compare to APWL and FSLR?
Vast Renewables' Net Income of $-17.61 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Net Income depends on the Semiconductors 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 Vast Renewables and its competitors. Vast Renewables's current Net Income is $-17.61 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vast Renewables stock overvalued right now?
Vast Renewables (VSTTF) has a current Net Income of $-17.61 Mil. The current Net Income is $-17.61 Mil. 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 Vast Renewables (VSTTF), the current Net Income is $-17.61 Mil as of Dec. 2024. 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.

Vast Renewables Business Description

Address 124 Walker Street, Suite 7.02, North Sydney, NSW, AUS, 2060
Vast Renewables Ltd is a clean, renewable energy company specializing in the design and manufacturing of concentrated solar thermal power (CSP) systems to generate carbon-free, utility-scale electricity, industrial heat, and green fuels. The Company's differentiated modular CSP system, utilizing proprietary sodium loop heat transfer technology, provides customers with a solution to the enduring challenge of intermittent renewable energy through 24/7 dispatchable power and heat.