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Sagicor Real Estate X Fund (XJAM:XFUND) Net Income : JMD648 Mil (TTM As of Dec. 2023)


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What is Sagicor Real Estate X Fund 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. Sagicor Real Estate X Fund's Net Income for the six months ended in Dec. 2023 was JMD648 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was JMD648 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Sagicor Real Estate X Fund's Earnings per Share (Diluted) for the six months ended in Dec. 2023 was JMD0.29.


Sagicor Real Estate X Fund Net Income Historical Data

The historical data trend for Sagicor Real Estate X Fund'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.

Sagicor Real Estate X Fund Net Income Chart

Sagicor Real Estate X Fund Annual Data
Trend Dec21 Dec22 Dec23
Net Income
376.50 465.91 648.02

Sagicor Real Estate X Fund Semi-Annual Data
Dec21 Dec22 Dec23
Net Income 376.50 465.91 648.02

Sagicor Real Estate X Fund 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

Sagicor Real Estate X Fund's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=934.689+-286.671+0+0
=648

Sagicor Real Estate X Fund's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=934.689+-286.671+0+0
=648

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was JMD648 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.


Sagicor Real Estate X Fund  (XJAM:XFUND) 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:

Sagicor Real Estate X Fund's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 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.


Sagicor Real Estate X Fund Net Income Related Terms

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Sagicor Real Estate X Fund (XJAM:XFUND) Business Description

Traded in Other Exchanges
N/A
Address
28-48 Barbados Avenue, Kingston, 5, Jamaica, JAM
Sagicor Real Estate X Fund Ltd specializes in real estate investments. The Company's main business activity is to invest in hotel and commercial real estate activities. The Group is organized into two primary business segments: (a) Hotel operations direct ownership and operation of hotels. (b) Indirect hotel operations and commercial indirect investment in real estate via the Sagicor Sigma Global Funds and Jamziv. The wind-up of Jamziv was completed in 2022. (c) Other - comprises other investment assets and other liabilities.

Sagicor Real Estate X Fund (XJAM:XFUND) Headlines

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