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Aluula Composites (TSXV:AUUA) Net Income : C$-5.16 Mil (TTM As of Oct. 2023)


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What is Aluula Composites 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. Aluula Composites's Net Income for the six months ended in Oct. 2023 was C$-5.16 Mil. Its Net Income for the trailing twelve months (TTM) ended in Oct. 2023 was C$-5.16 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Aluula Composites's Earnings per Share (Diluted) for the six months ended in Oct. 2023 was C$-0.03.


Aluula Composites Net Income Historical Data

The historical data trend for Aluula Composites'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.

Aluula Composites Net Income Chart

Aluula Composites Annual Data
Trend Oct21 Oct22 Oct23
Net Income
0.51 -0.48 -5.16

Aluula Composites Semi-Annual Data
Oct21 Oct22 Oct23
Net Income 0.51 -0.48 -5.16

Aluula Composites 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

Aluula Composites's Net Income for the fiscal year that ended in Oct. 2023 is calculated as

Net Income(A: Oct. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-5.747+0.592+0+0
=-5.16

Aluula Composites's Net Income for the quarter that ended in Oct. 2023 is calculated as

Net Income(Q: Oct. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-5.747+0.592+0+0
=-5.16

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Net Income for the trailing twelve months (TTM) ended in Oct. 2023 was C$-5.16 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.


Aluula Composites  (TSXV:AUUA) 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:

Aluula Composites's Earnings per Share (Diluted) (EPS) for the quarter that ended in Oct. 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.


Aluula Composites Net Income Related Terms

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Aluula Composites (TSXV:AUUA) Business Description

Traded in Other Exchanges
Address
4240 Glanford Avenue, Suite 300, Victoria, BC, CAN, V8Z 4B8
Aluula Composites Inc is a manufacturer of composite materials. It specializes in the production of lightweight and high performance composite materials for various applications, including the wind sports, outdoor, sailing, and aerospace markets. The company utilizes advanced manufacturing technologies, such as 3D printing, to produce its composite materials and components.

Aluula Composites (TSXV:AUUA) Headlines

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