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Great Southern Copper (LSE:GSCU) Net Income : £-1.42 Mil (TTM As of Sep. 2023)


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What is Great Southern Copper 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. Great Southern Copper's Net Income for the six months ended in Sep. 2023 was £-0.60 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was £-1.42 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Great Southern Copper's Earnings per Share (Diluted) for the six months ended in Sep. 2023 was £-0.00.


Great Southern Copper Net Income Historical Data

The historical data trend for Great Southern Copper'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.

Great Southern Copper Net Income Chart

Great Southern Copper Annual Data
Trend Mar21 Mar22 Mar23
Net Income
- -1.04 -1.30

Great Southern Copper Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23
Net Income -0.09 -0.95 -0.48 -0.82 -0.60

Great Southern Copper 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

Great Southern Copper's Net Income for the fiscal year that ended in Mar. 2023 is calculated as

Net Income(A: Mar. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.299+0+0+0
=-1.30

Great Southern Copper's Net Income for the quarter that ended in Sep. 2023 is calculated as

Net Income(Q: Sep. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.602+0+0+0
=-0.60

Net Income for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-1.42 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.


Great Southern Copper  (LSE:GSCU) 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:

Great Southern Copper's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 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.


Great Southern Copper Net Income Related Terms

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Great Southern Copper (LSE:GSCU) Business Description

Traded in Other Exchanges
Address
London Wall, Salisbury House, London, GBR, EC2M 5PS
Great Southern Copper PLC is a copper exploration company that aims to generate shareholder value through successful exploration and discovery of large-scale porphyry copper-gold deposits from its projects located in the underexplored coastal copper belt of northern Chile. It has two main project sites based on its current licence portfolio, San Lorenzo and Especularita, both located in Chile.

Great Southern Copper (LSE:GSCU) Headlines

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