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Azorean-Aquatic Technologies (XPAR:MLAAT) Net Income : €-0.01 Mil (TTM As of Dec. 2019)


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What is Azorean-Aquatic Technologies 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. Azorean-Aquatic Technologies's Net Income for the six months ended in Dec. 2019 was €-0.01 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2019 was €-0.01 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Azorean-Aquatic Technologies's Earnings per Share (Diluted) for the six months ended in Dec. 2019 was .


Azorean-Aquatic Technologies Net Income Historical Data

The historical data trend for Azorean-Aquatic Technologies'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.

Azorean-Aquatic Technologies Net Income Chart

Azorean-Aquatic Technologies Annual Data
Trend Dec18 Dec19
Net Income
-0.01 -0.01

Azorean-Aquatic Technologies Semi-Annual Data
Dec18 Dec19
Net Income -0.01 -0.01

Azorean-Aquatic Technologies 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

Azorean-Aquatic Technologies's Net Income for the fiscal year that ended in Dec. 2019 is calculated as

Net Income(A: Dec. 2019 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.007+0+0+0
=-0.01

Azorean-Aquatic Technologies's Net Income for the quarter that ended in Dec. 2019 is calculated as

Net Income(Q: Dec. 2019 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.007+0+0+0
=-0.01

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Net Income for the trailing twelve months (TTM) ended in Dec. 2019 was €-0.01 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.


Azorean-Aquatic Technologies  (XPAR:MLAAT) 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:

Azorean-Aquatic Technologies's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2019 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.


Azorean-Aquatic Technologies Net Income Related Terms

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Azorean-Aquatic Technologies Business Description

Traded in Other Exchanges
N/A
Address
Rua da Pranchinha N 92, Ponta Delgada, PRT, 9500-331
Azorean-Aquatic Technologies SA provides solutions to produce instruments and autonomous robots for different market segments from leisure to business and scientific exploration. Its product includes Ziphius, an aquatic civilian drone for the general public, controlled by Wi-Fi via smartphone or tablet PC, able to move at a speed of up to 10 kph and capable of taking and sharing photos and videos.

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