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Wiz Co Participacoes e Corretagem de Seguros (BSP:WIZC3) Net Income : R$142 Mil (TTM As of Dec. 2023)


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What is Wiz Co Participacoes e Corretagem de Seguros 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. Wiz Co Participacoes e Corretagem de Seguros's Net Income for the three months ended in Dec. 2023 was R$58 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was R$142 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Wiz Co Participacoes e Corretagem de Seguros's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was R$0.36.


Wiz Co Participacoes e Corretagem de Seguros Net Income Historical Data

The historical data trend for Wiz Co Participacoes e Corretagem de Seguros'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.

Wiz Co Participacoes e Corretagem de Seguros Net Income Chart

Wiz Co Participacoes e Corretagem de Seguros 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 213.89 194.73 188.04 130.66 141.58

Wiz Co Participacoes e Corretagem de Seguros 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 9.82 13.96 24.95 44.51 58.17

Wiz Co Participacoes e Corretagem de Seguros 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

Wiz Co Participacoes e Corretagem de Seguros'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
=349.667+-113.765+0+-94.32
=142

Wiz Co Participacoes e Corretagem de Seguros'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
=118.053+-33.211+0+-26.675
=58

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 R$142 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.


Wiz Co Participacoes e Corretagem de Seguros  (BSP:WIZC3) 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:

Wiz Co Participacoes e Corretagem de Seguros'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.


Wiz Co Participacoes e Corretagem de Seguros Net Income Related Terms

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Wiz Co Participacoes e Corretagem de Seguros (BSP:WIZC3) Business Description

Traded in Other Exchanges
N/A
Address
Setor Comercial Norte, Quadra 02, Liberty Mall, Tower B, 13th Floor, Room 1301, Brasilia, DF, BRA, 70712-904
Wiz Co Participacoes e Corretagem de Seguros SA is Brazilian insurance brokerage company. It is engaged in developing and implementing business optimization solutions, combining financial and insurance services to meet customer's needs. The company acts as a broker between insurer and bank and it is involved in the sale of individual and corporate insurance products, pension plans, capitalization plans, and consortiums, in the distribution channels. Its insurance products includes life insurance policies, mortgage insurance, credit insurance, auto insurance, residential property insurance, Business Multi-Risk Insurance and other products.

Wiz Co Participacoes e Corretagem de Seguros (BSP:WIZC3) Headlines

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