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Athena Gold (Athena Gold) Net Income : $0.61 Mil (TTM As of Dec. 2023)


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What is Athena Gold 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. Athena Gold's Net Income for the three months ended in Dec. 2023 was $0.08 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $0.61 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Athena Gold's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.00.


Athena Gold Net Income Historical Data

The historical data trend for Athena Gold'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.

Athena Gold Net Income Chart

Athena Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.27 -0.41 -1.03 -0.68 0.61

Athena Gold Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.64 0.24 -0.28 0.58 0.08

Athena Gold 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

Athena Gold'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
=0.613+0+0+0
=0.61

Athena Gold'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
=0.075+0+0+0
=0.08

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.61 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.


Athena Gold  (OTCPK:AHNR) 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:

Athena Gold'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.


Athena Gold Net Income Related Terms

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Athena Gold (Athena Gold) Business Description

Traded in Other Exchanges
Address
2010A Harbison Drive, Suite 312, Vacaville, CA, USA, 95687
Athena Gold Corp is focused on the exploration and development of precious metals in the Western United States. Its core holding is Excelsior Springs Project in Nevada's Walker Lane Gold District.
Executives
Power John C /ca/ director, 10 percent owner, officer: Pres., CFO, Prin. Acctg. Off.
John D Gibbs 10 percent owner 16 E STREET SOUTHWEST, ARDMORE OK 73402
Nubian Resources Ltd. 10 percent owner #202 YALE COURT PLAZA, 2526 YALE COURT ROAD, ABBOTSFORD A1 V2S 8G9
Tyler J Minnick officer: CFO C/O ATHENA GOLD CORPORATION, 2010A HARBISON DR., #312, VACAVILLE CA 95687
John E Hiner director 9443 AXLUND ROAD, LYNDEN WA 98264
Markus Janser director CH. DE LA BRUYERE 23C, PULLY V8 1009
Brian Power director 2010A HARBISON DR., #312, VACAVILLE CA 95687
Neuman Clifford L Esq 10 percent owner 6800 NORTH 79TH STREET, SUITE # 200, NIWOT CO 80503
Leroy Wilkes director 5154 LEDUC LANE, CASTLE ROCK CO 80108
Webquest Inc. 10 percent owner 7750 N UNION BLVD, # 201, COLORADO SPRINGS CO 80920
Shana Capital Ltd 10 percent owner 678 S PONTIAC WAY, DENVER CO 80224
Tripower Resources, Inc. 10 percent owner POST OFFICE BOX 849, ARDMORE OK 73402
Butte Creek Brewing Company, Llc 10 percent owner 945 W. SECOND STREET, CHICO CA 95928
J Andrew Moorer director POST OFFICE BOX 3618, CAREFREE AZ 85377